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  1. CPI falls at a slower pace of 0.5 pct in February

    EconomyMacroeconomy

    , while goods index fell by 1 percent. The drop in February CPI is mainly attributed to a decrease... in the clothing and footwear sector (-5 percent), while prices in transport and household equipment also fell 1

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  2. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    anything yet.” This confirms the significant gaps that still exist between the two sides and relate to: 1... savings of 1 percent of GDP (1.8 billion) this year. Since the institutions rejected the government

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  3. Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment
    Photo by MacroPolis

    EconomyMacroeconomy

    (i.e. those looking for a job who have never worked in the past) fell by 1 pp from the previous quarter to 22.6 percent in Q4 from 23.6 percent in Q3. The number of “long-term” (more than 1 year

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  4. Newsletter 67 - 18/03/2016

    Newsletters

    would yield at least 1 percent of GDP, as was foreseen in the third memorandum of understanding... for the targeted pension cost savings of 1 percent of GDP to be achieved. The lenders are also insisting

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  5. Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
    Photo by MacroPolis

    Agora

    to around 1 percent by December. The change in the deposit mix is expected to further support the NII... was notably enhanced with their phased-in Common Equity Tier 1 (CET1) ratio above the 17-percent mark

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  6. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    (PIB) revenues, which grew by more than 1 billion euros from last year, coupled with an increase...: 1) Grants to hospitals (at 156 million corresponding to 9.6 percent of the full-year target of 1.63

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  7. Newsletter 68 - 01/04/2016

    Newsletters

    and indirect taxes, each yielding 1 percent of GDP. On the pension front, on top of measures already... percent. What remains under discussion are the other tax revenue measures yielding 1 percent of GDP

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  8. Greek corporate lending rates up to 250 bps higher than eurozone average

    EconomyMacroeconomy

    The corporate lending rates did not show any marked change in February with that for amounts above 1 million... (amounts below 250,000 euros) and at 5.23 percent (amounts between 250,000 and 1 million euros

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  9. General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus tripled to 3 billion in the first two months of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin... to 13.3 billion primarily attributed to a notable rise in transfers by 1 billion to 2.07 billion, while

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  10. Amid risk of 2015 re-run, Greece searching for deal with lenders
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    the top rate of VAT from 23 percent to 24 may help reach the 1 percent of GDP target needed from... to complete the set of measures needed to raise another 1 percent of GDP in revenues from income tax

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