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Compromise emerges on liberalisation of NPL market
EconomyProgrammeuntil mid-May but the market would be fully liberalised after this point. The government had initially proposed certain thresholds for these types of NPLs but seems to have compromised on this point
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NPL resolution in Italy and Greece
Agora, that is, bad loan debt of insolvent creditors. In point of fact, the situation in Greece is even more... who least deserve it in Greece, namely strategic loan defaulters. Various estimates point to about
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomyof 33.3 and 15.3 percent respectively. The aggregate figures for the first quarter point to a 13.7.... Meanwhile, apartment prices have decreased by 41.6 percent over this period. Official estimates point
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Crisis management policy: the sad lesson of the Greek case
Agorafiscal tightening of three percent of GDP was necessary from this point of departure, while the IMF now... is to start by finding out how big a surplus is needed to pay off all the debt, the second point is to find
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Tsipras travels to China hoping to fulfil ambition of closer Sino-Greek ties
PoliticsForeign Policyof Chinese companies operating in Greece, including COSCO, Huawei, ZTE, and Air China point... will be the starting point for a collaboration in a number of fields that include tourism, further Chinese investment
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Newsletter 86 - 26/08/2016
and the increase in the unemployment rate to over 27 percent at one point have been widely and repeatedly... and restaurants dropped by a percentage point to below 10 percent. Tighter budgets influence residents
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Greece's harsh social reality
Agoraclose to 28 percent at one point have been widely and repeatedly reported as Greece has struggled... point to below 10 percent. The drop in spending across all categories has been precipitous since 2008
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Latest data highlights how hard it is for unemployed Greeks to find jobs
Society2015 to early 2016 increased by 0.6 percentage point compared with the flows between the same two... of jobless returning to work increased by 1.6 percentage point and the share of those remaining
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IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct
Economyof 0.7 percent of GDP, still remaining more than 1 percentage point lower than the programme target... revenues (as a percent of GDP) are expected to drop by around 1 percentage point per annum
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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomypoint to an increase of 2 percent slightly decelerating from the 2.3 percent growth recorded... contraction. Markit analysts noted that all signs point towards a more severe slowdown in the last
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