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This is how things stand as bailout talks head for a brief pause
EconomyProgrammeThe Greek government and the institutions seem to have reached a consensus on a fiscal gap in the region of 3 percent of GDP for Greece to meet the primary surplus target of 3.5 percent of GDP in 2018. There is also convergence on the type of fiscal interventions required to achieve this target
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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyof 2018. Following two recessionary years, the BoG estimates a strong GDP rebound of 2.5 and 3... of pressure for salary increases and the regulatory framework that supports flexible type of work
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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomyof 223 million. The breakdown by depositor type displayed non-financial corporations displayed inflows.... Alternate Finance Minister Giorgos Houliarakis claimed recently that 3 to 4 billion euros could
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Talks on bailout review head for crucial weekend
EconomyProgrammeof the tabling of the 2017 budget on Monday. In the draft budget tabled on October 3, the Finance Ministry.... The key differences relate to the type of taxes that would be written-off as well as the magnitude
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Newsletter 98 - 02/12/2016
indicates a new high since May 2015 according to the BoG. The breakdown by depositor type showed... likely path for Tsipras to follow. Having swallowed 3 percent of GDP in new fiscal measures over
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In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBanking, in net loans by 3.14 billion and in bonds and stocks by almost 3 billion. The non-performing exposure... percent over the last 12 months. These type of settlements in the housing lending sector soared 145
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Newsletter 114 - 07/04/2017
figure by 47,800. The most marked decrease by almost 3 pp was recorded among youth (15–24 years old..., with the overall figure for flexible type of work dropping to almost 51 percent from around 57 percent
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Newsletter 123 - 16/06/2017
of 4.33 billion. Of this year’s amount, almost 3 billion, corresponding to around three quarters... replaced this type of liquidity with interbank repos. Banknotes in circulation decreased by 737
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Eurosystem funding drops by 3.9 bln in July on big decline in ELA
EconomyMacroeconomybeen anticipated as the ECB announced on August 3 that the ELA ceiling for Greek banks would... occurred as Greek banks replaced this type of liquidity with interbank repos using the same collateral
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About to soar? Greece's economy still needs to be handled with care
Agoraon August 3 by a total of 1.6 billion, currently standing at 38.9 billion euros, from 91 billion in mid-July... not be implemented before the primary surpluss target is reduced in five years time. This is the type of combination
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