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  1. Newsletter 77 - 10/06/2016

    Newsletters

    cumulatively 10 billion in the next 25 years, while is expected to result in an incremental rise of 1..., electricity production slipped 1 percent. Mining and quarrying plummeted 24.3 percent

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  2. Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    session and closed at 534.78, its lowest level since March 1 reversing a strong rebound in the preceding..., namely Grivalia Properties (+2.8 percent) and Jumbo (+1 percent). In contrast, the biggest weekly

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  3. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    better than target. According to the breakdown, salaries and pensions fell 1 percent in May and 2.6... are proportionally in line with the annual target, while the recorded underspend is mainly attributed to: 1

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  4. S&P affirms Greece’s rating with stable outlook

    Economy

    notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC... at the high-end of the eurozone, S&P notes. For 2016, S&P forecasts GDP to contract 1 percent, versus

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  5. Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

    EconomyMacroeconomy

    billion coupled with a revenue outperformance of more than 1 billion. The monthly figure displayed... Investment Budget (PIB) revenues. The state budget deficit narrowed by 28.7 percent to 1 billion

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  6. Can Greece learn to love renewable energy?

    EconomyFeatures

    to an estimated 8.1 million jobs (direct and indirect).[1] Driving past the wind turbines in the Greek... and short term economic outlook that would be a welcome buffer. [1] http://www.ren21.net/wp-content/uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas

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  7. Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln

    EconomyMacroeconomy

    is equally split between short-term (up to 1 year) and medium-term (1 to 5 years) debt. Meanwhile, Greece’s

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  8. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    period, slightly down by 1 percent from last year, yet beating target by 2.65 billion. Revenues Revenues.... Overall, net revenues edged down by 1 percent in July, while increased by 4.5 percent to 25.95

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  9. Stable rate in time deposits, corporate loan rates pick up in July

    EconomyMacroeconomy

    to 6.18 percent. Lower rises were recorded for amounts over 1 million euros (+16 bps) and for amounts between 250,000 and 1 million euros (+6 bps). As a result, corporate loan rates in Greece remain 250-350

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  10. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    million in Q1, while stood close to 1 billion a year ago. Last quarter’s NPL formation mostly stems from..., this figure could be impeded by taxpayers’ obligations in H2. The bank’s Common Equity Tier 1 (CET1

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