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  1. Drop in trade deficit slows to 8.8 pct in August as decline in imports decelerates

    EconomyMacroeconomy

    decline by 7 percent. Stripping out the impact of oil products, the trade deficit plummeted by 27.5..., imports fell at a much slower pace by 2 percent, while the respective exports rose by 12.3 percent

    12%
  2. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    programme in mid August. A further reduction by 1 billion euros was decided by the ECB on October 7... and the ECB funding, the respective collateral pledged by Greek banks with the BoG fell by 2 and 1.1 billion

    12%
  3. Strong start for Greek stocks but they end week down 3.4 pct

    Economy

    of 2 billion euros was voted on Thursday evening but a few significant issues remain unresolved... mark for the first time since October 7. Corporate news NBG announced a bond tender offer on Monday

    12%
  4. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    million below target. For the 10-month period, primary expenditure dropped 7 percent to 31.45 billion... is that due to the delay in the payment of the next sub-tranche of 2 billion, the state resumed deferring non

    12%
  5. Greece receives list of milestones for next bailout sub-tranche

    EconomyProgramme

    revenues so the relevant legislation can be adopted during the first programme review. 2) Measures... related to primary homes and SMEs will be specified in the context of the first programme review. 7

    12%
  6. BoG report highlights need for programme implementation, political consensus
    Photo by MacroPolis

    Economy

    banks to unlock tied-up funds. 2) Fast implementation of goods and services markets’ reforms... to implement the necessary structural reforms. 7) Increasing investment also to bridge the gap between

    12%
  7. General gov't primary cash surplus widens notably to 4.84 bln by October

    EconomyMacroeconomy

    . The state budget primary surplus more than doubled to 4.45 billion euros in the 10-month period, from 2... to repay arrears of around 3 billion euros in the last quarter of this year and of 7 billion in total

    12%
  8. Pension reform wrangle prompts Greece to consider going own way on contributions rise
    Photo by MacroPolis

    EconomyProgramme

    in contributions could reach 2 percentage points (pp), of which 1.5 pp will burden employers (1 pp for main... Commissioner Pierre Moscovici in Brussels on December 7, with the latter noting the pair had “constructive

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  9. Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity

    Economy

    time since December 7 and closed at 623.07 on Friday. Banks recorded double-digit gains of 15.5... percent, while Grivalia (-2.6 percent), METKA (-2 percent), Public Power Corporation – PPC (-1.3 percent

    12%
  10. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    billion) 2) Grants to Manpower Employment Agency (at 72.1 percent of the annual target of 750 million) 3... Fund - AKAGE (at zero versus FY target of 454 million) 7) Other social protection income support

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