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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyrebounded 2 percent QoQ and 3.8 percent YoY. For the 9-month period, private consumption rose by 1 percent... by 14.7 percent QoQ and soared 38.1 percent YoY. Overall, total imports rebounded 2 percent in the 9-month
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CPI falls at faster pace of 0.9 pct in November
EconomyMacroeconomypercent), food and non-alcoholic beverages (-2 percent) and miscellaneous goods and services (-2 percent
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Newsletter 102 - 13/01/2017
to 40.1 billion. 2 Unemployment rate eases Slight drop attributed to a decline in the number of jobless... in December were in alcoholic beverages and tobacco (+2 percent), housing (+1.8 percent) and hotels, cafes
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Stocks drop 1.3 pct during week with light trading volumes
EconomyThe Greek equity market fell 1.3 percent this week - mostly reflecting the losses of 2 percent on Friday, while the trading activity remained subdued for yet another week. Investors continue to stay... Properties (+2 percent) and Motor Oil (+1.6 percent). On the flipside, the biggest losses were posted
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomythat for loans to sole proprietors eased by 2 bps to 7.34 percent. Overall, the weighted average rate on new loans marginally rose by 2 bps to 4.85 percent, after decreasing by 18 bps in November
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IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgrammein 2019 and 2 percent in 2020, while long-term growth is expected at around 1 percent. Under... the government’s recent estimate of around 2 percent of GDP, which is expected to increase to 1.5 percent of GDP
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammetax debtors owe less than 3,000 euros each, while their tax debt makes up just 2 percent... as more than 80 percent is older than three years with a collection rate of almost 2 percent. More
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Lenders' proposal not yet enough to convince Athens, banish snap poll option
PoliticsGreek Politics’s meeting in Brussels, where the creditors reportedly asked the government to adopt 2 percent... would like to reduce this to three years and for the target to be around 2 percent of GDP after
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Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
PoliticsGreek Politicsinto account. The Commission’s data put Greece’s primary surplus for last year at 2 percent of GDP.... Although the Commission appeared united with the other lenders in demanding 2 percent of GDP in new
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomypercent YoY from a much higher growth of 2 percent posted in Q3. Overall, nominal GDP rebounded by 0.4... expects exports to rise by 0.7 percent for the whole year. Imports rebounded 2 percent, fully
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