Search
-
Drop in CPI eased in Feb but Greece still firmly in deflation territory
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5 percent in January, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis... in 2015 (0.6 percent) and 2016 (1.1 percent in 2016).
3% -
Significant post-election economic challenges await Greek coalition
Economyat 5.2 billion and is seen as a drain on market liquidity. Restoring growth GDP contracted 1.1 percent... to be achieved GDP needs to grow by 1.1 percent in each of the next three quarters. This would require
3% -
Review completion and SMP redemptions will decide Greece's QE eligibility
EconomyProgrammeAs expected, ECB President Mario Draghi announced on Thursday a Quantitative Easing (QE) programme which involves an expanded asset purchase programme up to 1.1 trillion euros. The programme starts... by NB at 1.1 billion. Piraeus has the smallest GGB exposure at 0.5 billion. The ECB decided
3% -
Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomyreflects a 1.1 percent month on month (MoM) drop in the number of unemployed. The employed marginally... of employed for the second successive month to 1.1 percent in January from 1.5 percent in December
3% -
OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomyestimates for GDP components, private consumption is seen rising by 0.9 percent in 2015 and by 1.1... and rebound by 1.1 percent in 2016. The OECD stresses that the implementation of structural reforms
3% -
A closer look at Greece's revised proposals to lenders
EconomyProgramme(versus targets) of 1.1 percent for 2015 and 1.9 percent for 2016 emerged. For this shortfall to be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1
3% -
Sharp drop of 4.2 pct in Greek industrial turnover in May
EconomyMacroeconomyfor intermediate goods, consumer durables and consumer non-durables increased by 3, 2.5 and 1.1 percent...’s Manufacturing PMI eased by 1.1 points to 46.9 points in June, indicating the second lowest
3% -
Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyto corporate loans. Eurobank NII rebounded 1.1 percent QoQ to 377.9 million largely led by lower... trading and other income minus expenses) slightly improved by 1.1 percent QoQ to 204 million. Gross
3% -
Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economylargely due to a drop in VAT revenues by 1.1 percent, while consumption taxes marginally improved... year includes seasonal revenues such as road tax fees targeted at 1.1 billion, the annual revenue
3% -
Greek pensions: The unsolvable equation
Agoraof measures were legislated that have a full year effect of 1.1 billion euros, according to the budget... benefits at 3.9 billion and other benefits of 1.1 billion euros. On top of its contributions... took a major hit not only as a result of people dropping out the labour force en masse but also due
3%