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  1. Newsletter 62 - 12/02/2016

    Newsletters

    perfectly: “Our patience has run out.” This is the result of the fatigue of spending 5.5 years under

    5%

  2. Multiple crises fence in Greece
    Photo by Harry van Versendaal

    Agora

    of the fatigue of spending 5.5 years under an adjustment programme that has failed to get Greece back

    5%

  3. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    government bonds (GGBs) and T-Bills. Reserve assets edged up to 5.5 billion euros in December from 5.3

    5%

  4. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    million euros below target. Consumption taxes fell 5.5 percent to 588 million, underperforming

    5%

  5. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
    Photo by MacroPolis

    EconomyBanking

    (cash value) relates to credit claims (14.5 billion), with pillar II bonds at 5.5 billion and Greek

    5%

  6. Greek stocks surge 9 pct, up for third successive week

    Economy

    The Greek equity market headed north for the third straight week soaring by 9 percent on the back of a 5.5 percent rise last week. The improved investor sentiment was accompanied by increased trading activity also fuelled by a continued rebound in the global markets. After the IMF noted progress

    5%

  7. OECD sees potential for recovery in Greek economy, stresses benefits from reforms
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.7 and 1.9 percent respectively in 2016. However, both are expected to recover by 5.5 and 3.6

    5%

  8. Industrial production up by 4.6 pct in Jan

    EconomyMacroeconomy

    by a modest 0.6 percent. On the flipside, production in consumer durables declined by 5.5 percent

    5%

  9. Current account deficit jumps to 742 mln in January

    EconomyMacroeconomy

    to 5.6 billion in January from 5.5 billion in December, while fell by 0.3 billion YoY.

    5%

  10. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    (+5.5 percent) and pharmaceutical products and cosmetics (+0.5 percent). Retail sales slumped 21

    5%