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  1. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    ). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... in exports of goods by 1.5 percent. The 9-month figures point to a decline by 2.5 percent in total

    5%
  2. Economic sentiment stable, consumer confidence down 4.5 pts in November

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) remained flat from previous month at 86.5 in November, European Commission (EC) data showed on Friday. This follows an improvement by 11.3 points in total... to double-digit losses in January and July. On the flipside, the services’ indicator fell by 1.1

    5%
  3. Industrial production back on downward trajectory with 1.9 pct drop in Oct

    EconomyMacroeconomy

    ), which makes up just a fraction of the total index. Manufacturing and electricity production decreased by 1.3 and 1.1 percent respectively, while water supply production eased by 0.4 percent

    5%
  4. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    targeted at 1.1 billion, the 2015 revenues will probably miss the target for yet another year. Tax... percent YoY to 5.58 billion slightly below target of 5.65 billion. Overall, total expenditure decreased

    5%
  5. 2015 primary surplus exceeds target as revenues outperform and expenditure is reined in

    Economy

    year, yet they were slightly short of the 1.1 billion target. December reported revenues were 1.03... and 4.1 percent for the full year to 5.8 billion, in line with target. Overall, total expenditure

    5%
  6. Primary surplus beat target in 2015 on higher revenues and restrained spending
    Photo by MacroPolis

    Economy

    taxes of 1.07 billion, slightly short of the 1.1 billion target. For the whole year, revenues slipped..., in line with target. Overall, total expenditure remained almost stable (+0.2 percent) to 48.55

    5%
  7. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    of the Asset Quality Review (AQR), 1.1 billion is non-AQR related and reflects the loan quality deterioration... to 4.9 billion in December from 2.8 billion in September. From a total ELA collateral pool of 24.6

    5%
  8. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    remains the biggest contributor to GDP accounting, making up just over 69 percent of the total figure... percent more than offset by a drop in imports of goods by 1.1 percent. On the flipside, imports

    5%
  9. Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in those from France and Germany by 1.1 and 0.4 percent respectively. The latest volume figures.... According to the annual economic report of the World Travel and Tourism Council (WTTC), the total

    5%
  10. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    expenditure slipped 1.1 percent to 15.49 billion, 2.06 billion better than target. It is worth..., in line with target. Overall, total expenditure eased by 0.8 percent to 18.91 billion, 2.37 billion

    5%