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  1. Newsletter 109 - 03/03/2017

    Newsletters

    point to a primary surplus close to 3 percent of GDP for the whole year, way above the programme... indicates the first negative reading since last August. The corresponding volume also fell by 1 percent

    11%
  2. Athens sees faster pace of progress in review talks but no final deal yet
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    demanded interventions in the tax and pension system yielding savings of 1 percent of GDP each via... been scheduled for Wednesday. The first, at 3 pm, will focus on fiscal issues and the second, at 5

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  3. Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
    Photo by MacroPolis

    EconomyMacroeconomy

    receipts from EU countries fell by 3 percent to 9.12 billion euros in 2016, while those from non-EU... in 2017, Andreadis noted. In addition, travel receipts are projected to increase by at least 1 billion

    11%
  4. Stocks dip by 0.2 pct, lack of trading activity continues
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    percent. Bank stocks fell 3 percent this week almost offsetting the gains of 2.7 percent recorded.... The bank expects the transaction will slightly enhance its third-quarter pro-forma Common Equity Tier 1

    11%
  5. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , the corresponding volume edged down by 0.1 percent in January following a decline of 1 percent in December... increases were also recorded by supermarkets (+3.1 percent) and clothing and footwear (+3 percent

    11%
  6. Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by a broadly similar pace to 27.9 percent. The most marked decrease by almost 3 pp was posted among... years old) increased by 1 pp to 20.2 percent. The breakdown by geography showed the highest jobless

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  7. Athens details fiscal counter-measures, a vital selling point for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    focus on the spending side in 2019 and on reducing the tax burden in 2020, worth 1 percent of GDP... drop to 3 percent (from 5 percent). For the bracket including taxpayers with income between 30,000

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  8. Foreign minister opens up about EU concerns
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    developments regarding EU–UK negotiations. According to Kotzias, Greece’s main aim is: 1. To avert negative...), and 3. To avert any negative repercussions for trade in goods and services or for tourism. One

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  9. Newsletter 118 - 12/05/2017

    Newsletters

    of 1.75 and 3.5 percent, respectively, taking into account the fiscal package worth 3 percent of GDP... time deposit rate edged down 1 basis point (bp) to 0.66 percent in March, Bank of Greece figures

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  10. Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    -digit decline of 32.7 and 10.4 percent, respectively. Travel receipts from the EU decreased by 3 percent... by at least 1 billion euros and range between 14.2 to 14.5 billion in 2017, subject to a rebound

    11%