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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomyfor savings negative flow is the continued erosion of household disposable income, with latest official data... official data. This corresponds to a total stock of 66 billion loans that are past due for more than 90
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Q1 GDP contracts 1.1 pct as Greece eyes growth in 2014
EconomyMacroeconomyin 2013, which was slightly milder than the initial official recession estimate of 4.2 percent.... In contrast, the OECD projects the recession continuing at 0.3 percent this year. For the official
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Fitch upgrades Greek credit rating to B with stable outlook
EconomyMacroeconomysupportive of economic and fiscal reform. Fitch agrees with the official sector projection... in 2015, which is slightly lower than the official sector forecasts of 0.6 and 2.9 percent respectively
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politics2010. Greece has seen its GDP contract by 25.6 percent since Q3 of 2008. Most official forecasts see..., the official sector projects Greek unemployment will ease by at least 1 pp this year and a further 2 pp
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The IMF crisis and how to solve it
Agora-told part of the story. The official IMF response to the staff report was contained in a single... not to “waste” official money bailing out private creditors, the sovereign would have to bail
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Does Greece need a third programme?
Agoraof further interest rate reductions or maturity extensions on the official loans provided to Greece. Rather... for Greece have not been exhausted to date. This argument does not call for additional official credit
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September revenues drive 9-month Greek primary surplus up to 2.53 bln
Economybudget execution bulletin, a senior MoF official has recently indicated that the “outcome of ENFIA... two months, according to official data. The year to date figure amounted to 8.65 billion at the end
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Greek banks may soon breathe sigh of relief on capital needs
Agoraof Greek banks’ capital needs at 1.5 billion euros just one week before the announcement of official... their disclosure to the investment community, the market expects that Greek banks will proceed with official
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Eurogroup agrees two-month extension for Greek bailout but political developments to dominate
EconomyProgrammeextension so the Greek government will have to imminently submit its official request... national and EU procedures. An official request and approval of the ECCL are expected after
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What next Greece?
Agora. Hopefully the Troika have a soft-OSI (Official sector debt relief) package that they have been... much of Greece’s official debt is tied) have fallen a long way since the last IMF review in June
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