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  1. Despite talks in US, review still looms large
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , complicating efforts to complete the process as soon as possible. Nevertheless, the coalition has... to adopt more fiscal measures in 2018. The Washington-based organisation expects a 2.2 percent

    3%

  2. Debt relief-for-reforms option being discussed for post-programme era
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    government formed in Berlin. The idea of linking debt relief to reforms has been raised a number... of the year. He said that the primary surplus would exceed even the 2.2 percent of GDP recorded

    3%

  3. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    ) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous target submitted. The ratio has been adjusted to 35.2 percent versus 33.9 percent. The targeted

    3%

  4. Budget primary surplus at 1.97 bln in 2017 on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on last month’s figure of 1.27 billion. Although the figure has risen substantially compared... for the full year by 208 million. Overall, expenditure for the year fell by 2.2 percent compared to 2016

    3%

  5. Travel balance for nine-month period shows surplus of 11.57 bln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    . In recent years Greece has been on a drive to promote itself as a medical tourism destination... the whole of 2017. In December alone, the number rose by 1.5 percent to 2.2 million travellers. Inbound

    3%

  6. Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , while income tax revenues rose by 2.2 percent. In total, tax revenues beat their target by 359 million..., a slight increase on last month’s figure of 1.27 billion. Although the figure has risen substantially

    3%

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

    EconomyProgramme

    the same. Near-term growth has been brought in line with the autumn forecasts to reflect lower growth... percent of GDP this year and maintain it until 2022, reduced by half a percentage point each year to 2.2

    3%

  8. Unemployment rate at 20.9 pct in November, slight upward revision for October
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    number of unemployed has stayed below the 1-million mark. The overall labour force showed a slight... and 17.3 percent, respectively. Unemployment for those aged 45-54 fell by 2.2 pp to 16.6 percent

    3%

  9. Retail sales rise by 0.7 pct in Jan, volume up by 1.5 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of negative readings. It also represents the second year since 2010, after 2017, that the index has... marginally by 0.6 points to 2.2, remaining in positive territory and above the -0.4 figure it reached

    3%

  10. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    and the highest in Denmark at 42.50 euros. Compared to 2016, labour costs in Greece rose by 2.2 percent... for Economic Cooperation and Development (OECD) pensions report also showed that Greece has one

    3%