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  1. Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln

    EconomyProgramme

    The Eurogroup held in Luxembourg on Monday afternoon reached a political decision on the disbursement of 1.1 billion euros to Greece, which is the part of the sub-tranche of 2.8 billion... the way for the disbursement of the 1.1 billion for debt servicing needs. The head of the European

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  2. Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday. This was the third decline of the year, following six consecutive positive readings. The index had

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  3. Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
    Photo by MacroPolis

    EconomyMacroeconomy

    percent. Expenditure Primary expenditure rose to 4.16 billion in November, a rise of 10.9 percent... million euros for November, underperforming the monthly target by 665 million euros. The corresponding... of 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down

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  4. Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln

    EconomyMacroeconomy

    in November, from a drop of 17.9 percent in October. November’s figure fell short of target by 134... year. The more detailed revenue figures show that direct taxes rose 1.4 percent in November... in November and 12.4 percent in the 11-month to 3.04 billion in line with target. Note that the figure

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  5. Athens aiming to step up diplomatic contact with neighbours
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    place in the first two weeks in November with the aim of tackling all bilateral issues. The move comes... with which bilateral relations are strained due to unresolved diplomatic issues. Within this context... at the end of November or in early December at the latest. Athens is seeking to restore all the channels

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  6. Newsletter 10 - 09/01/2015

    Newsletters

    figure is the lowest reading since August 2012. The drop is mainly attributed to a 1.1 percent month... in December from 102.7 in November. It is the lowest reading since April and comes on the back... to -53.9 from -49.9 in November. The lowest reading since April comes on the back of political

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  7. Newsletter 240 -21/02/2020

    Newsletters

    a deficit of 540.3 million euros in December, from a deficit of 1.39 billion in November, according...) in December, recovering from a revised drop of 8 percent seen in November, Hellenic Statistical Authority... reflects a QoQ rise in repos of 7.83 billion, along with a smaller rise in Special purpose and bilateral

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  8. Budget primary shows deficit of 9.06 bln in October

    EconomyMacroeconomy

    budget execution bulletin due on November 25. Tax refunds came to 4.58 billion euros, above target... by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion

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  9. Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) showed an increase of 1.1 percent for the second straight month in January, following a 0.5 percent rise in December, according to the Hellenic Statistical Authority (ELSTAT). It is noted that the IPI had retreated 3.6 percent in 2013 slightly higher than

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  10. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    the negative impact from the 1.1 billion one-offs and to a lesser extent the revaluation of its available

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