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  1. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 4.5 percent QoQ and grew 8 percent YoY. The latest figures from the Bank of Greece (BoG) showed

    3%

  2. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    billion. A further decline in the ELA limit by 1.1 billion was also announced by the ECB on June 8

    3%

  3. Newsletter 123 - 16/06/2017

    Newsletters

    before tax refunds) rebounded by 8 percent in May, after falling by 6.5 percent in the previous month

    3%

  4. Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , but was almost in line with target of 8 million.

    3%

  5. Deposit flow in positive territory at 638 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by around 2.5 billion. It is also worth noting that the ECB decided on June 8 and 22 to further reduce

    3%

  6. The conundrum of Greek olive oil exports
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    in production, particularly in European countries. Spain’s production is expected to fall by 8 percent

    3%

  7. Disposable income edges down 0.1 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and stood at around 8 billion in Q1. At the same time, gross savings remained in negative territory

    3%

  8. Newsletter 129 - 28/07/2017

    Newsletters

    contributions increased by 4.2 percent, after falling by 4.3 percent in Q4 2016, to stand at around 8

    3%

  9. Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2

    EconomyMacroeconomy

    from 64,433 in the previous quarter, or 8 percent of the total. We highlight that 18.96 billion

    3%

  10. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    which manifested in a fall in the cost of holiday packages in 2016. The result was an overall 8

    3%