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  1. Finance Ministry wavers as revenues remain at the forefront

    EconomyProgramme

    , local media report that the fiscal gap is seen at around 2 billion by the institutions and below 1... said that additional VAT revenues should reach 1 percent of GDP, corresponding to 1.8 billion euros

    14%
  2. Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds

    Economy

    percent is in short-term (up to 1 year) and 11 percent in medium-term (1 to 5 years) debt. Greece’s cash

    14%
  3. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    -offs of 300 million euros in the quarter. The slight rise mainly stems from an almost 1 pp increase... Common Equity Tier 1 (CET1) ratio slipped to 11.9 percent in Q1 from 12.1 percent in Q4 and reflects

    14%
  4. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    pace by 1 percent YoY in Q1 after slipping by 0.7 percent in the previous quarter. However, it grew... released before two months pointed to international arrivals at 25 million, up by 1 million compared

    14%
  5. Growth in accommodation and food services turnover slows to 6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in February 24, SETE were saw international arrivals at 25 million, up by 1 million compared to 2014... this increase should be effective as of July 1. If confirmed, this would certainly negatively impact both

    14%
  6. Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    ) fell by 2.7 pp YoY to 39.7 percent. The 30-44 age group posted a drop in the unemployment rate by 1 pp...’ (more than 1 year) unemployed slightly rose to 910,600, after decreasing in the prior three quarters

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  7. Greece rides the ghost train
    Photo by Heather R via Flickr https://flic.kr/p/2NPyuG

    Agora

    for the next few years (1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... million euros (0.5 percent of GDP) this year and 1.8 billion euros (1 percent of GDP) next year. We must

    14%
  8. Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders

    Economy

    ’ proposal for additional revenues of 1 percent of GDP from VAT reform and another 1 percent from

    14%
  9. Tsipras points to debt relief roadmap as deal clincher
    Photo by MacroPolis

    PoliticsGreek Politics

    totalling 1 percent of GDP, or 1.8 billion euros. On pensions, the government has so far proposed... of 1 percent of GDP for this year and 2 percent in 2016), Tsipras needs to bring back something from

    14%
  10. Newsletter 31 - 19/06/2015

    Newsletters

    moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals... BoG data, the banks’ non-performing exposure (NPE) ratio rose by almost 1 percentage point to reach

    14%