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Newsletter 83 - 22/07/2016
, respectively, while capital goods and consumer non-durables slipped by a smaller 2.6 percent. Unpaid social
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S&P affirms Greece’s rating with stable outlook
Economy. However, its projections do not reflect any further official capital support. S&P also notes that, given
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Bank of Greece report overviews lenders' profitability, urges drastic NPL management
EconomyBankingin the second half of 2015 compared to the first half in the wake of capital controls. At the end
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek PoliticsThe government voted down on Tuesday night a bid by the opposition to launch a parliamentary inquiry into last year’s protracted negotiations between the SYRIZA-led coalition and Greece’s lenders, leading to the imposition of capital controls. Only New Democracy, PASOK and To Potami supported
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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomythe recent easing of capital controls, the government expects depositor confidence to be gradually restored
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Greek stocks remain flat during week, banks underperform
Economyan amendment allowing the easing of capital controls. The Bank of Greece said that non-performing exposure
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomy. Since the imposition of capital controls at the end of June 2015, the new time deposit rate has
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Tsipras seeks "Club Med" unity as refugee crisis, debt talks move up agenda
PoliticsForeign Policy16. September 9 has been mentioned as a possible date for the conference in the Greek capital
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Trade deficit falls by 3.1 pct in June
EconomyMacroeconomynegative readings over the past fourteen months, clearly demonstrating the impact from capital controls
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Car sales soar 42.9 pct in July, also reflecting a low base effect
EconomyMacroeconomy. Since last July - in the wake of capital controls car - sales fell by 23.9 percent, which
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