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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomysee much milder deflation of 0.3 percent, however it is not clear whether this would have... made by the Greek government and the troika. Thus, despite initial estimates, 2014 will be a year
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Troika piles pressure on coalition by insisting on key actions to conclude review
PoliticsGreek Politicsof the actions are politically sensitive and it is not clear that the coalition can secure the full... to bridge a 2015 fiscal gap the troika estimates at 2.6 billion euros - Changing a recent law
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Court ruling on property tax levels could hurt future revenues
EconomyMacroeconomy. Although the level of the upcoming property prices’ adjustment is not clear, an average reduction... ENFIA compared to MoF estimates of 2.65 billion for 2014. A cut in objective prices by 30 percent
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Newsletter 4 - 21/11/2014
made it clear they will not vote for any candidate. This leaves 16 which the coalition could still.... This is in line with the EAP target and above the MTFS and draft budget estimates of 2.5 and 2.9 percent
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First vote for president leaves coalition with uphill task to avoid snap elections
PoliticsGreek Politicsor would lead to some kind of settlement with the opposition. It is not clear if such a proposal...A total of 160 MPs backed the government's presidential candidate, Stavros Dimas, on Wednesday, which was one vote less than the coalition's most conservative estimates. Another 135 voted "present
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Referendum call finds Greek banks teetering on the edge
Economymaking up a large part of ELA funding) are no longer ELA eligible. It was clear from the beginning... and Piraeus at 12 billion, Eurobank at 8 billion and Alpha at 6.2 billion. Those estimates were based
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After 'No' vote, pulling Greek banks back from brink a priority
EconomyWith a clear win of ‘No’ vote in Greek referendum, the situation for Greek banks is expected to remain on the brink with a negative outlook. Greek bankers will meet with the Alternate Finance... billion would reduce accordingly. Based on our estimates, if the current average haircut of 35 – 40
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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomya clear signal and vision and at the same time to take the ownership of the legislated reforms... of an 80 percent nosedive in consumption post capital controls and lack of liquidity, PBO estimates
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Some snags remain in discussion with lenders over new privatisation scheme
EconomyProgrammenoted. It is not clear at the moment whether a new privatisation fund would be established... to the International Monetary Fund’s latest official estimates, which were included in the preliminary
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The ins and outs of the Greek bank recapitalisation process
Economy, since they are not as severe as previously feared, yet it is not clear whether the binding scenario... before growing by 2.7 percent in 2017, in line with the institutions’ latest official estimates
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