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  1. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    percent more than offset by a drop in imports of goods by 1.1 percent. On the flipside, imports

    2%
  2. Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in those from France and Germany by 1.1 and 0.4 percent respectively. The latest volume figures

    2%
  3. CPI falls at decelerating pace of 0.9 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    edged up by 1.1 percent MoM. Greece has been in deflation for 39 consecutive months since CPI turned

    2%
  4. Unemployment up for second straight quarter to 24.9 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    pace of 2.3 percentage points (pp) to 21.2 percent compared to a drop of 1.1 pp to 29.5 percent

    2%
  5. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    expenditure slipped 1.1 percent to 15.49 billion, 2.06 billion better than target. It is worth

    2%
  6. Commission sees lower Greek financing needs, provides timetable for course of programme

    EconomyProgramme

    -tranche, 1.1 billion will be used for debt servicing and 1.7 billion for arrears’ clearance. The latter

    2%
  7. Newsletter 80 - 01/07/2016

    Newsletters

    eased 2.4 percent in May and 1.1 percent in the first five months to 15.49 billion, 2.06 billion lower

    2%
  8. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    figure for the 6-month period now points to a rise by 3 percent compared to a drop of 1.1 percent

    2%
  9. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    sea transport receipts. In addition, travel receipts fell 10.4 percent to 1.1 billion in May despite

    2%
  10. Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts headed south for the second straight month dropping at an accelerating pace of 10.4 percent in May from 7 percent in April, Greece (BoG) figures showed on Friday. The absolute figure landed at 1.1 billion in May, while the corresponding payments fell by 5.5 percent to 179.6

    2%