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The immediate economic and financial hurdles for the new Greek government
EconomyProgramme. Greek banks would also resort to ELA to replace cash value of ECB funding of more than 20 billion, which... as of March. Note that Greek banks hold EFSF bonds of more than 37 billion of which less than half is used
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Understanding the German approach towards Greece
Agoraat face value. The risk of direct financial contagion is considerably lower than two years ago, when..., Greece might also grow stronger than its peers in southern Europe over the medium term. The reason..., Merkel is more flexible than she is often given credit for. However, she does not, for all we know
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Newsletter 14 - 06/02/2015
, with a confidence vote due at midnight on February 10, a day later than initially scheduled... by Varoufakis suggesting a debt swap rather than a haircut. Again, anyone observing what key players in SYRIZA had been saying before the elections (rather than taking as gospel the official party line) would
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Growth in new car registrations slows to 12.8 pct in Jan
EconomyMacroeconomythe beginning of 2012. The vast majority (more than 80 percent) of new licenses involves passenger cars, which rose 9.9 percent in January to 8,091. The prefecture of Attica registered less than half of total motor vehicle circulation licenses in January compared to more than 62 percent in December
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Greek stocks tumble, bond yields rise in wake of Tsipras speech
Economymillion almost half the average turnover of 162 million last week. Bank shares made up more than 60... more than 3.5 percentage points (pp) to 21.78 percent. It was at 18.14 percent last Friday. The yield of the 5-year bond widened more than 2.2 pp to 16.51 percent from 14.25 percent on Friday
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As negotiations start, Greek coalition draws confidence from public opinion
PoliticsGreek Politics, compared to between 11 and 12 billion euros in January. We also understand that outflows are at less than... indicates that support for the government stands at 59 percent, which is much higher than the combined... decision on the ineligibility of Greek bonds. Although the number seems small, it is larger than most
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Investors' hopes of eurozone deal boost Greek stocks and bonds
Economy, Greek shares have more than offset the earlier losses in the post-election period, now indicating... making up more than half of the daily trading activity. Bonds The positive momentum in the bond market... by more than 1 pp to 9.18 percent.
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Newsletter 17 - 27/02/2015
of a rebellion from his MPs. It is unlikely that more than a handful would oppose the government... SYRIZA’s pledge to show greater respect for Parliament and the democratic process than previous... business investment. Additional potential factors of uncertainty involve lower than expected growth
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomyand 21.6 percent YoY, thereby more than offsetting the negative pattern of the preceding quarters..., investments tumbled by more than 63 percent with their current contribution halving to 12 percent... year growth rate reached 7.4 percent slightly lower than that of exports (+8.8 percent). Nominal
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Where next for Greece's troubled privatisation programme under SYRIZA?
Economyeuros, more than 3 times higher than the accepted financial offer of the sole bidder. Another... value of state assets, which favours concessions rather than outright sales, as well as a general
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