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  1. IMF outlines areas in which Greece needs further reforms, where it should apply caution
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    in 2019, up from 2.1 percent last year. Growth is seen slowing down to 2.2 percent next year and 1.6... to higher targeted social spending and public investment, which has underperformed in the last years. Added

    3%

  2. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    period a year ago, NPLs have declined by 2.2 billion euros. By segment, NPL formation in the wholesale... has recently entered into agreements with specialised asset management and commercialisation channels

    3%

  3. Apartment prices up by 4 pct in Q1 for highest increase since 2007

    EconomyMacroeconomy

    quarters of 2018 was 1.2 percent and 2.2 percent, respectively. The latest quarter’s increase.... However, industry analysts have noticed that domestic interest has been slow to match

    3%

  4. Industrial production falls by 1.2 pct in May
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    for the first five months of the year showed that the IPI rose by 1.2 percent. The figure was driven by a 2.2..., industry confidence has improved by 1 point. Additionally, Markit’s manufacturing PMI came to 52.4

    3%

  5. Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    . A drop of 2.2 percent was noted in the electricity supply index, while the mining and quarrying index...-on-month to stand at 1.7 points. Year-on-year, industry confidence has fallen by 3.7 points. Additionally

    3%

  6. Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent. Receipts came to 2.62.... In total, arrivals from the EU 28 countries fell by 2.2 percent YoY to 2.9 million. Those from euro

    3%

  7. ELSTAT confirms third consecutive year or fiscal surplus in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to get approval for its tax relief package. The debate has shifted to utilize parts of those funds... 2.2 billion in short-term loans. Government revenues in 2018 were up to 88.57 billion, or 47.95

    3%

  8. Eurobank first to tackle NPL reduction via APS
    Photo by MacroPolis

    EconomyBanking

    for all of its senior-issue securities, changing its mix of securitised loans. In particular, it has... stock declined by roughly 2.2 billion euros QoQ and came to 14.3 billion euros. The Cairo

    3%

  9. GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    of Finance (MoF) has set a target for private consumption to rise by 0.6 percent in 2019 and by 1.8... by 1.8 percent this year, which is lower than the 2.2 percent expected in the spring forecasts

    3%

  10. Piecemeal process likely in drive for more fiscal space
    Photo by MacroPolis

    EconomyProgramme

    that the reduction in borrowing costs alone since the start of the year has created already fiscal space of 2... that could further push the goal down to 2.2 or 2.5 pct. The Public Debt Management Agency and Council

    3%