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  1. Industrial production falls by 1.2 pct in May
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    March’s drop of 0.2 percent. Month-on-month (MoM), the index declined by 2 percent after a revised... increase of 6 percent. This was followed by consumer non-durables (+5.3 percent), intermediate goods

    22%
  2. National Bank first to test market waters in post-election afterglow
    National Bank

    Economy

    If the bull case for Greece includes a pro-business government rousing dormant animal spirits in markets, that part of the case is still sleeping off a post-election campaign hangover. The 6 percent... 2 percent just before the election. That’s still a level that would have been unthinkable even

    22%
  3. Promises, promises
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    impact of this bill, which spreads the cuts out over three years, will be 6 billion euros. It may... earnings. Beyond that, Mitsotakis also promised to double Greece’s growth rate from the projected 2

    22%
  4. New Democracy tax pledges put spotlight on available fiscal space
    Photo by MacroPolis

    EconomyProgramme

    . This is expected to have a fiscal impact of 2 billion euros. He repeated the pledge to phase out... of around 6 billion euros over the next few years. This immediately prompted questions from

    22%
  5. Newsletter 216 -26/07/2019

    Newsletters

    for which the government expects to receive some pushback. Around 6 million property owners.... Receipts from Russian visitors fell by 6.2 percent to 37.4 million. 2 Disposable income up by 4.9 pct

    22%
  6. Despite recent improvement, more than half of Greeks unable to afford one-week holiday
    Photo by Harry van Versendaal

    Society

    by 2 percentage points over the same time period. Although the percentage of Greeks unable to go... million, recording an increase of 7.6 percent and 6 percent, respectively, compared with 2017

    22%
  7. What brought down Golden Dawn?
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    , 6 percent to SYRIZA and 5 percent to Greek Solution. Rather than supporting the theory... came from LAOS, while 4 in 10 came from New Democracy and 2 in 10 from PASOK. Even

    22%
  8. Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    dropped by 12.3 percent to 1.4 million while non-European visitors rose by 6 percent to 1.2 million..., international arrivals by air rose by 2 percent. In the aggregate period, arrivals rose by 4.4 percent

    22%
  9. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    with NBG, where the NII increased by 6 percent to come to 598 million euros in the current aggregate period. Piraeus Bank’s NIII rose by 2 percent to 719 million, while Eurobank’s figure dropped by 3.6

    22%
  10. Eurosystem funding drops by 464.8 mln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    fallen below 2 billion euros. In March, it was also revealed that Greece’s four systemic banks had fully..., along with ECB funding rising by 6 million. In the year so far, Eurosystem funding has declined

    22%