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Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyFinance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once... after the standard revision of targets this month is in non-allocated expenditure by 295 million euros
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On monetary policy and inflation targeting
Agoraof price-level targeting over the current common standard inflation rate targeting (also as practiced.... There is voluminous literature on inflation rate targeting, because that is the current standard. Some readings
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Credit standards for corporate loans tightened again in Q3
EconomyMacroeconomyCredit standards for corporate loans tightened quarter on quarter (QoQ) for the second successive... quarter, BoG expects credit standards to remain stable QoQ. Similarly, in spite of initial expectations calling for a stable performance, credit standards for household lending also tightened QoQ in Q3
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesand solidarity withholdings).] Since 2013 pensioner numbers have stabilised and even show a slight... of income upwards of 14 percent will undoubtedly have a serious impact on living standards. However... that living standards have worsened for everyone. The poverty threshold has falling as the median income
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Credit standards for household, corporate loans unchanged in Q1
EconomyMacroeconomythat the credit standards for both corporate and household loans remained unchanged QoQ. BoG notes that the credit standards for household loans are expected to remain broadly unchanged in Q2. However, the credit standards for corporate loans are expected to somewhat tighten in Q2 reflecting the general
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Credit standards tougher in Q2, expected to tighten further
EconomyMacroeconomyCredit standards for corporate loans tightened quarter on quarter (QoQ), according to the Bank of Greece (BoG) bank lending survey (BLS) for the second quarter (Q2) of 2015. The BoG said.... Credit standards are anticipated to further tighten in Q3, BoG noted. In contrast, credit standards
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Stable credit standards and mixed trends in demand for Greek loans in Q4
EconomyMacroeconomyCredit standards for both corporate and household loans were kept broadly unchanged in the last... supply and demand. Credit standards for corporate loans in Q4 were in line with earlier expectations... standards for both corporate and household loans to remain unchanged in Q1 2016. On the demand front
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Stable credit standards for loans in Q1, small uptick in demand for SME and housing lending
EconomyMacroeconomyCredit standards for both corporate and household loans remained broadly unchanged quarter... to provide information on what affects the conditions for loan supply and demand. Credit standards..., banks expect credit standards for both corporate and household loans to remain stable QoQ. Despite
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Credit standards and demand for corporate, household loans stable in Q1
EconomyMacroeconomyCredit standards for both corporate and household loans stayed unchanged from the previous quarter... in the Greek market. Banks expect credit standards for both corporate and household loans to remain... of standards is estimated. The survey also showed that demand for corporate and household loans stayed
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Greece tops EU tables for lawyers but also pending administrative court cases
Societyof the scale in terms of the length of proceedings. Greece saw the number of incoming civil and commercial...) were next. Insolvency proceedings are also sluggish in Greece, where it took on average 3.5 years... and the existence of quality standards. In Greece, for example, judges receive no continuous judicial training
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