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  1. Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
    Bank of Greece

    EconomyMacroeconomy

    The Emergency Liquidity Assistance (ELA) ceiling for Greek banks further lowered by 1 billion to 87.9 billion, Bank of Greece (BoG) said on Wednesday. This was the fourth reduction since August 18 reflecting an overall improvement in banks’ liquidity position after the signing of the agreement

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  2. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    The government and the institutions have broadly agreed that circa 1 percentage of the anticipated fiscal gap of around 3 percent of GDP by 2018 would be covered by the overhaul of the tax system. This would be brought about through a combination of broadening the tax base, which is favoured

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  3. Greece expects review to be completed by May 1 despite IMF objections

    EconomyProgramme

    In a non-paper released on Thursday night, the Finance Ministry provided an update on the progress made so far in the first programme review. According to the ministry, all sides agree that that an agreement should be completed by Orthodox Easter (May 1), while a document outlining the institutions

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  4. Current account surplus widens to 1 bln in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    the travel surplus up by 1 percent to 2.04 billion. The BoG also noted that the deterioration in the primary

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  5. Building activity edged up 1 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek building permits grew for the third successive month in September but at a much slower pace of 1 percent from 16.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The double-digit growth rate in August growth mostly reflected a low base effect, since

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  6. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) edged up by 1 percent in April after upward revised growth of 10.1 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Although the headline figure for April is the seventh successive positive reading, it is the lowest

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  7. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The pace of credit contraction in the Greek market slightly accelerated to 1 percent in May from 0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow turned negative for the first time since February with net deductions standing at 395 million

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  8. Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct

    EconomyMacroeconomy

    dropped by 1 percent in 2016 reaching 121.7 billion euros from 123 billion in the prior year

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  9. Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
    Photo by MacroPolis

    EconomyMacroeconomy

    , the decline in property prices came to an average drop of 1 percent, improving against the drop

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  10. Credit contraction at 1 pct in February on lower household, and corporate lending
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market deepened by 1 percent in February from a contraction of 0.8 percent in January according to Bank of Greece (BoG) figures released on Tuesday. This resulted in the outstanding balance falling to 182.54 billion euros from January’s figure of 182.83 billion euros

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