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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyto address their significant liquidity problems. After a series of M&A transactions that led... in the time deposit rate led the weighted average rate on new deposits down by 2 bps to 1.10 percent... in the average deposit rate led the average spread up by 9 bps to 3.88 percent in May.
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On the Greek crisis and German imbalances
Agora. This economic understanding is also crucial in order for German-led eurozone to come to a mutually... Greek governments and a big-state socialistic attitude among decision makers and society alike. This led... that had led to the Cypriot Banking Crisis. The remaining rigidities in the Greek economy, in the absence
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomyincluding output, new orders, employments and stocks. This was mainly led by the capital goods... mainly led by the difficulty in receiving items from abroad. Another strong negative implication... time, the lack of supplies’ availability led to an increase in the average purchase prices
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Newsletter 41 - 04/09/2015
is at stake is keeping alive the dream of breaking with the past and the comprised parties that led... that triggered the process which led to snap elections with the bailout review not having been... Democracy-led coalition so a government can be formed. Amid the political fragmentation, this carries some
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomyexceeded target by 93 million in August, for the first time since April. The August performance led... instalment starting from July, yet the SYRIZA-led government decided to postpone the first payment until... this performance led to a PIB deficit of 333 million in August, the year to date PIB balance remains
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Election Watch: What are Greeks voting for?
Agoraand the comprised parties that led Greece to the current crisis. However, during its six months in power, Tsipras... Parliament elections in May 2014 that triggered the process which led to snap elections with the bailout... by a SYRIZA- or New Democracy-led coalition so a government can be formed. Amid the political
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Tsipras confounds expectations, creates new doubts by reviving coalition
PoliticsGreek PoliticsDefying opinion polls, Alexis Tsipras led his party to a comfortable victory in Sunday’s elections... to their departments, meaning there will not be a period of bedding in that could have led to delays... members to fall in line. Despite the split that led to the creation of anti-bailout Popular Unity (whose
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Newsletter 44 - 25/09/2015
’s capability. Tsakalotos is flanked by Deputy Finance Minister George Chouliarakis, who led... of his party that led Greece to a second snap election this year. In theory, the departure of MPs from... and made the party more homogeneous. The so-called “53” movement, unofficially led by the mild-mannered
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Newsletter 46 - 09/10/2015
. Unofficially led by Finance Minister Euclid Tsakalotos, the group expressed scepticism before the elections...-smuggling, an area where the SYRIZA-led government said it would focus on being elected to power..., but time is a luxury. The second Syriza-led government will have to engage in repair work on its
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A misstep away from absurdity
Agorathe government led by Konstantinos Mitsotakis, Kyriakos’s father, who fired Antonis Samaras.... Samaras then led the defections that caused the New Democracy administration to collapse.... This led to Greek authorities asking the UNHCR and other NGOs to provide basic amenities
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