Search
-
Macroeconomic fundamentals for Greece
Agora(2020-2029)? Demographics. To answer this question, let us start with Figure 1. Data are from the UN’s most... of the 2020s (Table 1). Until around 2025, the cyclical recovery is overriding the demographic anchor... that is consistent with this debt commitment amounts to maximum 1.5 percent of GDP.[1] Greece receives a large
9% -
Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
EconomyMacroeconomyGreece’s central government debt recorded a rise of roughly 1 billion euros to 403.2 billion euros... (over 5 years) debt made up 73.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 16.5 percent and 10.1 percent respectively. Greece’s cash
9% -
Greece's labour market is austerity's biggest casualty
Agoraand retail sale indices, the correlation is evident and since the crisis began there is a roughly 1 for just over 1 percentage impact between GDP drop and industrial production and 1 for 1.5 relationship
8% -
Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraon a two-year downward trajectory. As graph 1 below illustrates total lending to the real economy shows... a financial assistance package from the IMF, European Commission and the ECB in November 2010.[1... in Athens. You can follow Jens on Twitter @Jens_Bastian. [1] The Irish Independent, ‘Key Economists
8% -
After Merkel, Samaras faces immediate challenges on domestic front
PoliticsGreek Politicssoon both on the “prior actions” remaining for Greece to receive its next bailout tranche of 1... that the October budget execution figures meant that Greece would only have to make extra savings of around 1... before assuming the EU presidency on January 1 is to tie up the loose ends with the troika
8% -
After Q3 results, what next for Greek banks?
Agoraof deposit rates in the banks acquired over the past 12 months, whose deposit rates were 1 percentage point... as of January 1, 2013 and another 3.5 percent as of the beginning of next year), implementation... providing any details) that could further increase its capital base by up to 1 percentage point. However
8% -
Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomysurplus of 1% of GDP for the first time in 2013, according to the Bank of Greece’s (BoG) interim report... to decline by 1 percentage point (pp) in 2014. The BoG stresses that the key risk lies with the political... recapitalisation last May, Greek banks’ Core Tier 1 ratio reached 10.7 percent. The findings of Blackrock loan
8% -
Greek central government debt inches down to 320.42 bln in Q1
Economy1 to 5 years and the remaining 12.9 percent a residual maturity of up to 1 year. Greece’s cash... (OSE) (6.06 billion) and Attiko Metro (2.2 billion) and 1 billion to extra budgetary funds
8% -
Significant post-election economic challenges await Greek coalition
Economy-tranche of 6.3 billion in late April. The remaining two sub-tranches of 1 billion each are due...) to 1 percent constant for the next 50 years. This could result in total savings of 25 billion (14... by at least 1 pp this year and a further 2 pp in 2015. In contrast, the OECD projects a slower reduction
8% -
Alpha Bank posts loss of 94.1 mln in Q1
EconomyBankingmillion euros, yet it eased 1 percent quarter on quarter (QoQ). The quarterly evolution reflects lower... by 650 million euros within Q1, mainly reflecting 1 billion outflows of sight and savings and 400...-forma (for the capital increase of 1.2 billion completed in April) Basel III Core Tier 1 (CET1) ratio
8%