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  1. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    billion, landing exactly on target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During

    4%

  2. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 1.6 million, while non-European visitors fell by 5.7 percent to 1.1 million. The aggregate... in the first six months of the year to 1.1 million. Arrivals from Russia fell by 18.7 percent, and US visitors

    4%

  3. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    in the MTFS assumptions. Private consumption is expected to grow by 1.1 percent, from 1 percent... of the alternative scenario is 1.1 billion euros: 335 million from scraping pension cuts and countermeasures

    4%

  4. In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    of Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1... last October, when it expected a total deficit of -1.7 percent of GDP for 2017, a deficit of -1.1

    4%

  5. August current account shows surplus of 1.56 bln as deficit in primary income account grows
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    worsened very slightly by 18.3 million or 1.1 percent. This was driven by imports rising faster than... from a 1.1 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase

    4%

  6. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. Private consumption is forecasted to rise by 1.1 percent and exports growth to slow to 5.8... by 298 million euros to 16.8 billion. Expenditure will stay broadly stable, up by 1.1 percent

    4%

  7. Newsletter 200 -29/03/2019

    Newsletters

    2017, consumer confidence has improved notably by 20.5 points. Industry confidence fell by 1.1 points... contraction in the Greek market came to 0.6 percent in February, improving from a contraction of 1.1

    4%

  8. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    consumption stayed on course and rose by 1.1 percent last year. The rate is seen as rising by 1.3 percent... balance reached 1.1 percent last year, boosted from good GDP growth, a broad-based recovery in taxable

    4%

  9. Newsletter 205 -10/05/2019

    Newsletters

    by 1.1 percent last year. The rate is seen as rising by 1.3 percent in 2019 and by 1.2 percent.... The Commission noted that the general government balance reached 1.1 percent last year, boosted

    4%

  10. CPI edges up by 0.2 pct in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    since June 2018 rose by 0.9 percent. Month-on-month, the CPI for May fell by 1.1 percent when compared... percent increase in the price of communication. This was followed by a 1.1 percent rise in transport

    4%