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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomy, particularly in the areas of public administration and product markets and better access to credit...: 1) more credit from the banking sector following the recapitalization, 2) better export performance
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No green light from troika yet as Greece moves towards bailout extension
EconomyProgrammeindicated Greece and the eurozone would agree an Enhanced Conditions Credit Line (ECCL). However... to arrange this, with the credit line details being agreed in January. Although Finance Ministry
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Coalition sets bar low for presidential vote, opts for pre-election rhetoric
PoliticsGreek Politicsthat the coalition had been advised that general elections in Greece would trigger a “credit event.” This appears to be a misinterpretation of rating agencies deeming polls in Greece “credit negative
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The one question SYRIZA needs to answer
Agoraof January, receive the disbursements, agree the precautionary credit line (ECCL) and hope... in a matter of weeks from its formation, no disbursements and no fallback solution of a credit line
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Voting for brinkmanship while the real economy needs solutions
Agorafinished for the Greek sovereign and corporate debt issuance. The credit crunch in the Greek real economy... established Institution for Growth in Greece (IfG) signed the first credit agreements with four SMEs
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Third of Greek households trapped in debt and poverty, study suggests
Societycharges (credit, tax and other). Last year, 54 percent of households received demands to pay more than 500... a marked, ten-point increase in the use of credit cards to cover household obligations. Whereas 15.8
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Newsletter 11 - 16/01/2015
Conditions Credit Line (ECCL). He said the conditions could include certain structural milestones that were... into a precautionary credit line, in line with the ECCL. Finally, the finance minister said that the 2014 primary
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S&P puts Greece on watch for downgrade after sizing up new coalition
EconomyFollowing Moody’s report on Monday noting that Greek elections’ outcome is credit negative, S&P placed on Wednesday Greece’s ‘B’ sovereign credit rating on CreditWatch with negative implications. This action reflects S&P's view that some of the economic and budgetary policies advocated by the new
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Varoufakis outlines contours of debt deal as haircut set aside
PoliticsGreek Politics. The previous government had indicated the bulk of it would be used as a precautionary credit line under the Enhanced Condition Credit Line (ECCL) that would be agreed with the eurozone partners upon
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomy, the consumer credit rate showed slight changes; in consumer loans with defined maturity it slipped by 5 bps to 6.74 percent, while the rate in consumer loans without a defined maturity (mainly credit
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