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Newsletter 216 -26/07/2019
have been incorporated into 2019 figures to cover the one-off payments related to law 4575/2018... in Q1 Final consumption rises by 0.2 percent in first quarter Greek household disposable income grew... million in May. Credit contraction in the Greek market stayed at 0.2 percent in June, unchanged from
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Better income account helps squeeze Greek C/A deficit in January
EconomyMacroeconomythe Greek C/A balance remaining negative in 2014 and 2015, at 1.8 and 1.6 percent of GDP respectively.... million. This reflects a 10.6 percent rise in non-residents’ arrivals. Nevertheless, the services
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Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomystemming from a similar drop in non-residents’ holdings of Greek government bonds and T-Bills... in travel receipts by 9.1 percent resulting from a substantial rise in non-residents’ arrivals by 50 percent
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicsthe pandemic bear fruit by attracting tourists. Greek hoteliers have also given the European guidance... closed to arrivals from third-party countries until at least mid-June but has not endorsed
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Newsletter 83 - 22/07/2016
the Greek political agenda this week: the voting of the new electoral law and the tense relations... concern for the Greek government is its relationship with Ankara following last Friday’s failed plot... Ambassador to Greece, Kerim Uras, appeared to increase the pressure on the Greek government during
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Newsletter 20 - 20/03/2015
assistance (ELA) funding. According to the central Bank of Greece (BoG), Greek banks’ ELA funding reached... percent of the huge outflows went off-shore while the remaining 40 percent was kept in Greece. According.... This Monday, the Greek Prime Minister Alexis Tsipras will fly to Berlin to meet the German Chancellor
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Newsletter 48 - 23/10/2015
to announce the Greek banks’ capital needs on October 30–31, the draft bill on bank recapitalisation... a baseline and adverse scenario, to determine the capital needs of the Greek banks. According... with full or restricted voting rights. In the first Greek bank recapitalisation in the second quarter
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Greek centre-left in search of new roots with own Olive Tree alliance
PoliticsGreek PoliticsA potentially significant moment in Greece’s centre left, and perhaps Greek politics in general... in the countries politics for about a decade and social democratic thinkers behind the Greek movement hope that the Greek version will also grow into a significant force. The proclamation has not been put
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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomyGreek banks’ Eurosystem funding, the combined liquidity they have received from the European... of last resort to facilitate Greek banks’ access to liquidity. The respective ELA amount had surpassed... in the July – December 2012 period, when Greek Government Bonds (GGBs) were not accepted
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Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
EconomyGreek banks’ Eurosystem funding, the combined liquidity they have received from the European... resort to facilitate Greek banks’ access to liquidity. The respective ELA amount had surpassed... – December 2012, when Greek Government Bonds (GGBs) were not accepted as collateral by the ECB
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