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Deposit inflows of 272.9 mln recorded in November
EconomyMacroeconomyconclusion of the second programme review in June, after which deposit inflows picked up pace...The Greek banking system experienced positive inflows of 272.9 million euros in November, compared to inflows of 1.04 billion seen in October, Bank of Greece (BoG) figures revealed on Friday
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Banks receive deposit inflows of 2.54 bln in December
EconomyMacroeconomyEurosystem funding since June 2015....The Greek banking system experienced positive inflows of 2.54 billion euros in December compared to inflows of 272.9 million in November, Bank of Greece (BoG) figures revealed on Friday. The figure
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Greek banks' NPL selloff gathers speed
EconomyBanking, as of June 30, 2017. The bank announced that the consideration of the transaction has been agreed... statement for 2017 that it had experienced a record quarter for NPE formation in Q4 2017. Management noted
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Tsakalotos eyes conclusion of review and debt talks, will not dispute pension cuts
EconomyProgrammeat the June 21 Eurogroup. “The sooner we finish, the better,” he said, underlining that the government wants... be nothing like what Greece has experienced since the first programme was agreed in 2010
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PMI at 53.5 pts in July as optimism holds, export orders slow down
EconomyMacroeconomyin manufacturing backlogs being the most marked in the year so far. Purchasing activity also experienced growth during the month, although slowing down from the four-month high noted in June. Pre-production
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsproblem has been addressed as a result of the June Eurogroup agreement. He argued that this secured... aimed at reversing the brain drain Greece experienced during the crisis by assisting the creation
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Newsletter 246 -03/04/2020
the state paying all interest on business loans for the months of April, May and June... support initiatives. In any event, the level of impact outweighs anything that was experienced during
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Banks step up securitisation drive following pandemic interruption
EconomyBankingstage compared to its peers in the so-called Cairo project and by the beginning of June completed...Having experienced a setback earlier in the year, when the pandemic broke out and led to reconfiguration of the plans on securitisations, Greek systemic banks are accelerating their efforts to catch
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Pandemic surge creates fresh political and economic doubts
PoliticsGreek Politicsbe vaccinated by the end of June, whereas the figure is nowhere near that. Gerovassili noted... developments have also put pressure on the vaccination programme, which has experienced a reduction recently
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Discussion over PEPP, SGP draw attention to rising yields
EconomyFeaturesin the 10-year in June. However, since the September issues, Greek borrowing costs have been rising... and holding the position of the most indebted country in the EU, Greece reportedly experienced
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