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  1. Manufacturing PMI reached four-year high of 49.6 pts in December

    EconomyMacroeconomy

    in the intermediate and capital goods production weighed on the total output. With new export orders falling again during December, the expansion in total new business was attributable to stronger demand

    3%
  2. Fraud probe at Hellenic Postbank a sign of bigger things to come?

    PoliticsGreek Politics

    shareholder and started operations under the name “New Hellenic Postbank”. The total resolution cost... Hellenic Postbank for a total consideration of 681 million euros in Eurobank shares paid to HFSF. Those

    3%
  3. SYRIZA's bid to force elections by early 2015 will be a close-run thing

    PoliticsGreek Politics

    has 71 MPs, making a total of 101 lawmakers that would be likely to vote against the government’s... the total to 167. This would leave the government needing the support of at least 13 of the 15 non

    3%
  4. Deposits up again in December but credit contraction continues apace

    EconomyMacroeconomy

    of 12.76 billion recorded in 2012. Total deposits – including euro and non-euro area residents... official data. This corresponds to a total stock of 66 billion loans that are past due for more than 90

    3%
  5. Greece’s first bailout, lenders and their pledge to maintain debt exposure
    Photo by Harry van Versendaal

    EconomyProgramme

    of the holdings of its SMP purchases. Out of a total of 218 billion euros, 33.9 billion were Greek government bonds. Based on BNP Paribas calculations the total Greek government debt held by the ECB and other

    3%
  6. Troika returning to Greece but key decisions still months away
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    for the first quarter of this year. The total of almost 9 billion euros (out of 10.1 billion euros left... the funding gap for 2015 at 6.5 billion euros. Latest reports put the total figure for the three years

    3%
  7. Cooperatives on Cyprus: Why they were treated differently to banks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to the tune of 1.5bn euros or 15 percent of the total Cyprus ESM/IMF loan. Although the co-operative..., the cooperative sector has 5.96 billion euros, which is 44.49 percent of the total lending

    3%
  8. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    at 5.815 billion euros. The total amount for the domestic banking system, including also Attica... period and uses: The credit loss projections (CLPs) on total loans granted in Greece and abroad

    3%
  9. Greek banks' Eurosystem funding down for second month in a row in Feb

    EconomyMacroeconomy

    percent of total Eurosystem funding. In contrast, the ELA funding in February landed at its lowest.... The troika’s guideline calls for a reduction of Greek banks’ Eurosystem funding to total assets ratio below

    3%
  10. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    the attention of Greece and its lenders: 1) The major decline in household income Total household income... households. Since 2007/8, total spending on social protection and health fell by some 18 percent

    3%