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Newsletter 128 - 21/07/2017
trailing index up by 8.4 percent also reflecting a weak performance in the second half of 2016... in the second quarter (Q2) of 2017, in line with earlier expectations, the Bank of Greece (BoG) bank lending
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IMF approves programme "in principle," repeats position on debt and reforms
EconomyProgrammea second executive board decision and will expire shortly after the current European Stability... the lengthy nine-month period before the conclusion of the second review. On the fiscal front, in the Fund
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Greece announces return to markets with 5-year bond, mostly targeting swap
Economy. This was followed by a second 1.5-billion 3-year issue at a coupon of 3.375 percent in mid-July 2014... that the government aims to benefit from the positive momentum in the aftermath of the conclusion of the second
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Deposit inflows increase to 1.1 bln in June
EconomyMacroeconomyThe deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures... of the second programme review. The breakdown showed sight and savings’ accounts posted inflows of 1.22 billion
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Mandatory e-payments come into force as Greece seeks to boost card use further
EconomyFeatures. During the second half of 2015 the share of card payments in private consumption hit 9.5 percent, rising further to 11.2 percent in the second quarter (Q2) of 2016. When all other factors were accounted
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New overdue tax obligations reach 727 mln in June, total at 95.6 bln
EconomyMacroeconomyas in May, since these obligations are paid in the second half of the year. The aggregate figure for the second quarter (Q2) revealed that overdue obligations amounted to 5.48 billion euros, down by 19.6
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Industrial production grows 1.6 pct in June, slowing from May
EconomyMacroeconomyindicator published by the European Commission rose for the second month in a row by 4.6 points... rose over the 50-point benchmark for the second time since August 2016 to stand at 50.5 in July.
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Industrial turnover up by 8.1 pct in June for eighth consecutive rise
EconomyMacroeconomytrailing index up by 10.3 percent, also reflecting a weak performance in the second half of 2016... for the second time since August 2016. Furthermore, the industry confidence indicator published
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Athens readies labour legislation, but not to cross off prior actions
PoliticsGreek Politicsmired since concluding the second programme review on June 15. Tsipras and his ministers also seem very... of the agreements that followed the Second World War, revives the Cold War climate that brought so much suffering
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingEurobank remained profitable in the second quarter (Q2) of 2017, with net profits slightly increasing to 39.7 million euros Q2 from 36.5 million in the previous quarter. As a result, the bank... positive, albeit at lower levels, for the second successive quarter and reached 91 million in Q2
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