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  1. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . The government indicated that the average cut in pensions will be around 9 percent. In addition

    6%
  2. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance posted a surplus of 1.74 billion euros in the 4-month period of 2017, down by 9 percent from last year’s figure of 1.9 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Monday. However, the year-to-date outperformance widened from just

    6%
  3. Primary cash balance records deficit of 404 mln euros in 4-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    that the budget primary surplus declined by 9 percent to 1.74 billion in the 4-month period. This is attributed

    6%
  4. Newsletter 119 - 19/05/2017

    Newsletters

    a surplus of 1.74 billion in the first four months of the year, down by 9 percent from last year’s figure

    6%
  5. Eurobank stays profitable in Q1 with net earnings of 36.5 mln
    Photo by MacroPolis

    EconomyBanking

    in the mortgage sector, after a short-lived negative figure of -9 million in Q4. Unlike NPEs, the non-performing

    6%
  6. The wit and will of men
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    to Greece on May 9 last year, when the Eurogroup agreed that it would consider “if necessary, possible

    6%
  7. Greek SMEs struggle most for finance versus eurozone peers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    higher than the euro area average of 9 percent. Access to finance was considered the least important

    6%
  8. Newsletter 120 - 26/05/2017

    Newsletters

    as the biggest problem. The Greek figure is three times higher than the euro area average of 9

    6%
  9. Greeks tending to shop less often and opt for local products

    Society

    no change and 9 percent expected it to improve. As far as shopping habits go, 64.7 percent

    6%
  10. Stocks rise for first time in three weeks, gaining 1.1 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    and 9 respectively. Furthermore, Folli-Follie releases its Q1 results on June 8.

    6%