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  1. Budget primary surplus surges to 3.04 billion, extending outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    by more than 1 billion coupled with an increase in net revenues by 800 million. Compared to targets... outperformance. Interest payments rose almost 20 percent YoY to 1.72 billion, 37 million above

    11%
  2. Greek bailout talks yet to conclude as start of IMF meetings approaches
    Photo via Flickr https://flic.kr/p/fNU1XB

    EconomyProgramme

    on a fixed national pension of 384 euros for those with 20 years of contributions. It will fall... measures proposed by the government that are supposed to yield 1 percent of GDP. Non-performing loans

    11%
  3. Press freedom ranking edges up but Tsipras yet to deliver, report finds

    Society

    in the 2016 World Press Freedom Index, which was published on April 20. Only neighbouring Bulgaria, which fell...) and Norway (3rd, down 1).... promise be kept?” the report said in its paragraph on Greece [https://rsf.org/en/greece]. Ever since

    11%
  4. Ministry's actuarial study shows the devastating impact of the crisis on the pension system

    Economy

    is expected to be reduced by 1 billion to 16.73 billion (8.5 percent of GDP) in 2019 from 17.76 billion... (for salary of 500 euros for 20 working years). Moreover, for 35 working years, the pension replacement rate

    11%
  5. HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015

    EconomyBanking

    on the restructuring of large corporate NPEs. The action plan is comprised of five key pillars: 1) The analysis... of 1,153 corporate groups with turnover above 20 million euros and loan exposure higher than 10 million

    11%
  6. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    are proportionally in line with the annual target, while the recorded underspend mainly stems from: 1) Grants to hospitals (at 321 million corresponding to less than 20 percent of the full-year target

    11%
  7. BoG cautions on impact of tax rises, updates on rising NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    sustainability assuming an extension of loan maturities by 20 years and smoothing of capitalised deferred..., Greek bank’s Common Equity Tier 1 (CET1) ratio reached 16.4 at the end of 2015 from 13.8 percent

    11%
  8. Newsletter 78 - 17/06/2016

    Newsletters

    measures, including an extension of loan maturities by 20 years and the smoothing of capitalised... with a decrease in the number of unemployed by 77,400 to 1.2 million. The number of long-term (more than 1

    11%
  9. Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
    Photo by MacroPolis

    Economy

    0.4 percent of total) owe more than 1 million each for a total amount of 3.76 billion euros, which... more than 60,300 debtors, accounting for 20 percent of total debtors. It is worth noting that KEAO

    11%
  10. Greek stocks remain flat during week, banks underperform

    Economy

    erased losses posted in the preceding sessions. The FTSE/Large Cap index fell 1 percent this week, while... dropping by almost 20 percent to 14.9 million euros, while EBITDA landed at 5.8 million, down 28.1 percent

    11%