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Newsletter 97 - 25/11/2016
percent to reach 2.23 billion, while the travel surplus edged up 1 percent to 2.04 billion. The rise... 16 million. The bank recorded a negative NPE formation for the second successive quarter, of 1... (NPL) and NPE stock by almost 40 and 50 percent, respectively. Net interest income (NII) edged up by 1
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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
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economyinterventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2... pillars. The five interventions of this pillar include: 1) Abolition of the single property tax (ENFIA... for the settlement of any type of unpaid obligation to banks. The estimated cost of this combined
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Banking system showed deposit inflows for second straight month, at 531 mln in Sept
EconomyMacroeconomyon Tuesday. The recorded inflows of around 1 billion over the past two months largely reflect... be renewed unless the automatic renewal option was in the existing terms. The breakdown by depositor type... a net amount of 199 million. Following the net inflows of around 1 billion in the last two months
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Newsletter 60 - 29/01/2016
in excess of 1 percent anticipated by the institutions. Meanwhile, the positive mood resulting from... euros in Q3, down by more than 1 billion from last year. The fall is mostly due to an 8 percent... euros in Q3, household disposable income was down by more than 1 billion from last year. 2 Solutions
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Newsletter 95 - 11/11/2016
of 23.3–23.5 percent in 2016, which is expected to fall by 1–2 percentage points in the following... in October, after a decline by 1 percent in September. The slight drop is mostly attributed... and transport prices by 2.4 and 1 percent, respectively. It is worth noting that the harmonised index
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammeevaluation earlier this week. The total amount of this type of debt stands at 115 billion euros... of the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80... remains very low at around 1 percent, while the lion’s share of SSC could be considered uncollectible
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Newsletter 110 - 10/03/2017
to reach 26 million in 2017. In addition, travel receipts are projected to increase by at least 1..., the unemployment rate has decreased 1 percentage point (pp), which is attributed to a modest rise... with a decline in the number of unemployed by 8,600. In 2016, the unemployment rate has decreased 1 percentage
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Review set to resume in Athens as debt talks drag on
PoliticsGreek Politicsthe 1 percent of GDP in pension cuts that will have to be implemented in 2019, the 1 percent of GDP..., the fiscal gap for 2018 and a range of other minor issues. The aim is to conclude the SLA by May 1... as the type of interventions (rather than the volume) are concerned. However, Berlin seems particularly
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About to soar? Greece's economy still needs to be handled with care
Agoraconsumption remains resilient, up by 0.7 percent in the second quarter and 1 percent in the first... are foreseen to increase by at least 1 billion and range between 14.2-14.5 billion. This pick-up... of the reasons that contributed to the final quarter of year posting a 1 percent decline which had a carry
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