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  1. Car sales soar 42.9 pct in July, also reflecting a low base effect
    Photo by MacroPolis

    EconomyMacroeconomy

    displayed on Monday. The strong double-digit growth in July largely reflects a low base effect... at 9,401 in July also indicating the lowest reading since March. Following the strong rebound in July..., on the back of the strong tourism, and replacement of old cars with new and cheaper to run diesel

    4%

  2. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of 0.3 percent in 2016 and a strong rebound of 2.7 and 3.1 percent in 2017 and 2018 respectively... estimates involve persistence of the strong revenue collection as well as revenue administration..., mostly reflecting the improved fiscal outcome and strong GDP growth.

    4%

  3. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    exports, imports notably fell 10.2 percent QoQ in Q3 after a strong rise of 9.1 percent in the previous quarter. However, compared to the corresponding period a year ago imports posted a strong rebound... in the respective estimates for 2017. IMF has the most optimistic projection foreseeing a strong GDP rebound

    4%

  4. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    would be subject to stricter conditionality as eurozone lenders would be under strong political... of 2016. However, the report reiterates that the government projection for a strong GDP rebound of 2.7... for a strong economic rebound are not yet in place. In the PBO’s view, only a brave reform effort

    4%

  5. BoG sees chance of normality returning if review concludes swiftly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    retains its previous forecast for a strong rebound of 2.5 percent in 2017 driven by an upward trend... on the fiscal performance relate to uncertainties about the carry-over effect of the strong revenue.... For the domestic economy to move from recovery to sustainable, strong growth the BoG stresses that a number

    4%

  6. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... to a strong recovery of 2.7 percent for 2017. In addition, Bank of Greece, S&P and Fitch estimates stand... percent in 2017. The strong rebound anticipated by most organisations in 2017 is subject

    4%

  7. Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    11.8 percent this week, extending their strong gains to 30.4 percent in the last two weeks. The best.... It remained above the 100-million mark for the next two sessions, reflecting investors’ strong... and strong rebound of 62.9 percent in EBITDA to 252.8 million. Terna Energy posted an increase of 23

    4%

  8. Newsletter 123 - 16/06/2017

    Newsletters

    and 63.4 percent respectively in March. Following the strong performance in March, the aggregate figure... million euros over the goal thanks to strong underspend Primary expenditure decreased for the second... bulletin. This year’s primary surplus beat the target by 792 million euros, entirely due to strong

    4%

  9. Newsletter 129 - 28/07/2017

    Newsletters

    , often via Facebook, in strong terms. Government spokesman Dimitris Tzanakopoulos has repeatedly... the target by 1.51 billion, largely due to strong underspend, with primary expenditure coming... the target by 1.51 billion, largely due to strong underspend. Deposit flow remains positive in June

    4%

  10. PMI at 52.1 in October, dropping slightly from previous month
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    was driven by strong domestic and export demand, which increased purchasing activity and output. Higher raw material costs led to higher input price inflation, while strong demand created the capacity... the strong improvement in employment, which also stemmed from greater business confidence, but also

    4%