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  1. Newsletter 224 -25/10/2019

    Newsletters

    rose by 5.2 percent YoY, while gross savings turned positive after remaining in negative territory

    6%

  2. Greece falls to 79 out of 190 economies in ease of doing business ranking

    EconomyFeatures

    of 11, markedly better than the 2019 score of 44. In remaining fields, scores varied widely

    6%

  3. Economic sentiment eases to 106.7 in Oct, industry and construction confidence improve
    Photo by MacroPolis

    EconomyMacroeconomy

    a notable improvement of 25.7 points. In the remaining underlying components, improvements were seen

    6%

  4. Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
    Photo by MacroPolis

    EconomyBanking

    is majority owned by Intrum (80 percent) while Piraeus Bank holds the remaining stake. The new

    6%

  5. General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , the remaining total was split between non-gg (6.06 billion) and gg (4.37 billion) entities.

    6%

  6. New asylum law comes up against old failings
    Photo by MacroPolis

    Agora

    of cases and that the IND appeals the remaining verdicts, overturning the Council of State’s ruling

    6%

  7. Employment balance turns negative by 125,668 in October
    Photo by MacroPolis

    EconomyMacroeconomy

    with the remaining classed as voluntary departures. The proportion of hirings that were for full-time work

    6%

  8. Overdue social security contributions rise to 35.54 bln in Q3, new debtors rise
    Photo by MacroPolis

    EconomyMacroeconomy

    24.53 billion euros. The remaining sum (11.01 billion) concerned surcharges and penalties. The report

    6%

  9. Eurobank first to tackle NPL reduction via APS
    Photo by MacroPolis

    EconomyBanking

    the ratio of denounced NPEs in the remaining portfolio to roughly 30 percent. According to reports

    6%

  10. IMF consultation report pinpoints health of Greek banks as central to growth
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyBanking

    internal processes to clear remaining claims on state guarantees to banks and as part of its overall

    6%