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  1. Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , followed by clothing and footwear (+3 percent), automotive fuel (+2.2 percent) and supermarkets..., consumer confidence has shown an improvement of 28.5 points. Retail trade rose by 6 points month

    13%
  2. Overall loan interest edged up to 4.36 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    on housing loans at a floating rate dropped by 6 bps to 2.72 percent. The average interest rate on corporate... the corresponding rate on loans to sole proprietors decreased by 3 bps to 6.73 percent. Corporate loans

    13%
  3. More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
    Photo by MacroPolis

    PoliticsGreek Politics

    estimate that 8 in 10 salaried staff will be eligible and 3 in 4 self-employed and freelancers... in order to prevent the coronavirus spreading is costing the budget 6 billion euros a month. Spending has

    13%
  4. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    environment, with the IMF seeing a global recession of 3 pct, a revision from the pre-crisis levels of 6

    13%
  5. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    categories, a rise of 405 million euros was seen in T-bills, making up 3 percent of the total. EFSF/ESM... entities edged down by 6 million month-on-month, while non-gg entities fell by 34 million. With bank

    13%
  6. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    of 416 million on 486 million of total Q1 provisions. Core pre-provision income (PPI) fell by 6 percent...) and intermediation fees (+25.9 percent YoY). Operating expenses came to 207 million, up by 3 percent YoY

    13%
  7. Survey shows investor interest remains solid

    EconomyFeatures

    , 4 percent say they will reduce them, 3 percent that they will strengthen them and only 6 percent

    13%
  8. Accused of U-turn over extension of territorial waters at home, ND steps up diplomatic drive abroad
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    that his government would be tabling a motion to extend the country’s territorial waters to the west from 6... said amounted to an exercise of Greece’s inalienable sovereign right according to article 3

    13%
  9. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    a downward trend, shrinking by -3 percent in 2017 and -2.8 percent in 2018). In addition, as a lasting..., followed by Turkish nationals who make up around 9 percent and Russian nationals with 6 percent

    13%
  10. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to 9 pct of GDP this year and recover to 3 pct in 2021, towards a more stable path in the 2022 to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year

    13%