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  1. European Commission keeps DSA broadly same, stresses need for relief

    EconomyProgramme

    growth rate at 3.25 percent. Total proceeds from privatisations in the horizon of the exercise are seen... percent of GDP this year and maintain it until 2022, reduced by half a percentage point each year to 2.2

    5%

  2. Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , consumer confidence rose by a total of 14.1 points. In the other indicators, industry confidence..., representing an improvement of 2.2 points. Construction showed a marked improvement in January, rising from

    5%

  3. Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2.2 points. For November, the indicators showed that consumer confidence improved by 0.2 points... billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion

    5%

  4. Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    loans (target: 49.9 percent). The total volume of NPLs was reduced by 5.1 billion QoQ. The overall... until the end of 2019, which is more ambitious than the initial target by 2.2 billion. The targeted

    5%

  5. Building activity up by 5.4 pct in Feb, permits remain below 1,000

    EconomyMacroeconomy

    that threshold. Compared to February 2017, total permits were higher by 51. The corresponding surface area decreased by 2.2 percent following a significant rise of 45.2 percent in January. The volume also

    5%

  6. Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    the 1,000-permit mark after dipping below it for two months. Compared to March 2017, total permits were lower by 31. The corresponding surface area rose by 3.2 percent after a slight decrease of 2.2

    5%

  7. IMF concludes Article IV consultation, prepares to publish DSA in July

    EconomyProgramme

    of GDP total financing needs. In the European baseline scenario of nominal growth of 3 percent and a primary surplus of 2.2 percent of GDP then the Commission sees debt being sustainable as it falls below

    5%

  8. Greek debt management agency sees Eurogroup debt deal favourably
    Photo by MacroPolis

    EconomyProgramme

    . Equally importantly, interest rate risks are contained. Only 49 percent of the total debt... in the same horizon. This is based on the assumption of 3 percent nominal growth, 2.2 percent of GDP

    5%

  9. July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure

    EconomyMacroeconomy

    to the same month last year, and came to 4.71 billion, representing a rise of 2.2 percent. Monthly... euros against last year’s total of 24.95 billion. Compared to the same time last year, expenditure

    5%

  10. Unemployment at 19.1 pct in June, under 20 pct for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2.2 percent. Total employment reached 3.86 million people, marking the second time that the figure

    5%