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Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
Society. Only Italy reports similar values, with 7 and 9 percent, respectively, of its respondents satisfied with the economic and political situation in their country. In addition, 12 per cent of interviewed... in order to improve public healthcare and public education. The survey found that only 7 percent
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammetargeted a fiscal adjustment of 7 percent of GDP that would be mostly based on sustainable... and July 20, 2015. Macro Nominal GDP in 2013 and 2015 was about 12 and 20 percent below the initial... percent of GDP) but fell short of the program objective (7 percent of GDP). Privatisation proceeds were
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Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
AgoraThe collapse on 7 July of the latest UN-sponsored talks to resolve the Cyprus issue has increased... of the Cypriot EEZ on 12 July. Drilling is expected to last for two to three months. Turkey has repeatedly... days with little progress, the talks finally collapsed in a shouting match in the early hours of 7 July
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Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
EconomyProgrammethat claimed it would be somewhere between 7 and 8 billion euros by insisting that Athens is only... on Friday that European Union sources suggest that the final amount may reach around 7 billion euros... and 15 billion euros, with some reports claiming that the target is 12 billion.
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BoG looks at other programme exits and options available to Athens
EconomyProgrammethat will cover the country’s funding needs for 12 months after this August. The central bank dedicates... and 7 PPS. Cyprus has a number of common characteristics with Greece in the way it concluded its..., it issued 5, 7 and 10-year notes. In July 2016, just months after the completion of the programme, it issued
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBankingmillion in corporate loans, -12 million in small business loans and -7 million in consumer loans... million, rising by 19 percent QoQ. Operating expenses fell by 7 percent QoQ to stand at 231 million
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures, with Italy alone receiving 12 percent. Demand for Greek exports in Italy has risen by 57 percent... the crisis, roughly 6 to 7 percent, exports to non-EU countries grew at a slower rate. In these markets, Greek exports rose on average by 3 percent per annum during the crisis compared to an average of 7
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Bank of Greece outlines challenges to SME funding, gaps in knowledge
EconomyFeaturesquarter belongs to only one owner and the remaining 7 percent is owned by other enterprises, business... turnover and 12 percent are mainly exporting firms. In terms of sector of activity, almost 50 percent... credit (15 percent), leasing (9 percent) and other financing sources (less than 7 percent). Bank
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingoperations excluded voluntary exit scheme costs of 94 million and restructuring costs of 7 million... loans, -43 million in mortgages and -7 million in consumer loans. The group NPE ratio fell by 210... million in Q4 and 12 million euros in Q1 2018. Operating expenses fell by 6 percent QoQ to stand
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Clash over judiciary persists as second round of local elections nears
PoliticsGreek Politicsto support or reject candidates put forward by SYRIZA. If ND wins the July 7 general elections... 26, the centre-right party is hoping to have control of 12 out of the 13 regions by Sunday night... in determining the final outcome of the July 7 general elections and whether ND has a clear
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