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  1. Newsletter 162 -18/05/2018

    Newsletters

    to fall on Monday, losing around 9 percent on its closing price on Friday before the press attention

    2%
  2. Greece and creditors reach SLA - legislation of reforms and debt relief talks next
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    the pieces to fall into place for the completion of the third programme. “The first (part

    2%
  3. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 2.84 billion. This was driven by a combined fall in the services surplus (-162.3 million) and secondary

    2%
  4. Growth strategy sets out reform targets, broad policies for post-MoU era
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyProgramme

    of the employment rate by 7.4 percentage points, causing it to fall to around 14 percent from 21.4 percent

    2%
  5. Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    target by 195 million. The MoF noted that the decline in expenditure was mainly due to a fall in grants

    2%
  6. Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase

    2%
  7. Deposits stay positive with 870.1 mln inflow in April
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    statement showed that Eurosystem funding fell by 3.26 billion euros in April. The fall across the month

    2%
  8. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    stock is anticipated to fall by 34 percent between March 2018 and December 2019

    2%
  9. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    fall in as many quarters. In the small business loans sector, NPE formation stood at -55 million

    2%
  10. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    the previous quarter’s decline of 700 million. The current quarter’s fall reflects write-offs of 700

    2%