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  1. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    of 41 million euros in the third quarter (Q3) of the year, attributable entirely to profits originating from continued operations. On an aggregate basis, net profits for the full year came to a profit...) rose by 6.6 percent quarter-on-quarter (QoQ) to 257 million. Year-on-year, core PPI fell by 12.7

    2%

  2. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    negative reading in 10 quarters. Compared to the same quarter in the previous year, GDP at current... to the corresponding quarter last year, private consumption increased by 0.8 percent in Q1 after showing a rise... percent this year and by 12.1 percent in 2020. Exports The breakdown of underlying components showed

    2%

  3. Newsletter 214 -12/07/2019

    Newsletters

    and opening the discussion about the fiscal side of things next year. In effect, this would mean trying... to be adopted next year. “On the 3.5 percent primary surplus, this was a cornerstone of the programme from.... While much of the New Democracy package will apply from next year, some measures are expected to come

    2%

  4. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    to the same quarter in the previous year, GDP at current prices increased by 2.2 percent from... percent in Q1. Compared to the corresponding quarter last year, private consumption decreased by 0.7... percent this year and by 12.1 percent in 2020. Exports The breakdown of underlying components showed

    2%

  5. Newsletter 218 -06/09/2019

    Newsletters

    target of 3.5 percent of GDP for this year and in 2020. He said Athens plans to launch a discussion about reducing the fiscal goals from 2021 onwards next year, when it has won trust and implemented... adjusted (SA) GDP increased by 1.9 percent year-on-year (YoY) in the second quarter (Q2) of 2019 after

    2%

  6. Newsletter 220 -20/09/2019

    Newsletters

    much of their focus on next year’s budget, particularly in terms of how the relief measures... will be forecasting higher growth for next year, delivering greater revenues as well. Additional... that there would be an extra 500 million euros of fiscal space this year to help fund the tax cuts

    2%

  7. EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
    Photo by MacroPolis

    EconomyMacroeconomy

    resilient despite a slowdown in the first half of the year. Gains in exports markets and new fiscal policy... consecutive year and expects Greece to meet its agreed fiscal targets over the next two years, facilitating the reduction in public debt. The report notes that real GDP growth in the first half of the year

    2%

  8. Budget primary surplus confirmed at 6.95 bln in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the same month last year when the figure stood at a surplus of 943 million euros, the current... 2020 budget that the primary balance at the end of this year will stand at 4.40 billion euros. The budget balance in the first 11 months of the year recorded a surplus of 1.92 billion euros compared

    2%

  9. Newsletter 235 -17/01/2020

    Newsletters

    to succeed current Greek President Prokopis Pavlopoulos, whose five-year term expires in early March...-year term under the proportional representation voting system. The thinking behind this is that if his... later, possibly even this year as his party rides high in the opinion polls. Speaking at an event

    2%

  10. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    of 2.8 percent growth for this year. It seemed like Greece was on a carefree ride to a prosperous... year of the adjustment in 2010, GDP dropped by 5.5 pct. This followed by the deepest drop seen... financial crisis in 2009, Greek sea transport receipts dropped by more than 30 pct year-on-year

    2%