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Government gears up for third review while lenders await pending actions
PoliticsGreek Politicsand privatisations. Regarding the final point, the operation of the new fund, the Hellenic Corporation
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingSupervisory Mechanism (SSM) of the ECB in September 2016. These targets point to a marked reduction in NPEs
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Newsletter 131 - 8/9/2017
of pensions in line with new benefit rules and privatisations. Regarding the final point
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Industrial production grows 1.7 pct in July for tenth positive reading in a row
EconomyMacroeconomypublished by the European Commission dropped by one point to -3.7 while the year-to-date industry
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The flag of permanent defeat
Agorasector are a case in point. An opportunity to yank the university system, which is dreadfully out
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Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
EconomyMacroeconomy-month period point to net hirings of 248,743, up by 10,926 from last year’s figure of 237,817
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Newsletter 131 -15/09/2017
relate to layoffs. The aggregate figures for the eight-month period point to net hirings of 248,743
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Out-of-court workout holds promise for firms in debt
Legaland the creditors proceed with their counter offers. A crucial point is the fact that, according to the negotiation
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Mitsotakis pledges tax cuts and reforms, hopes for lower fiscal targets
PoliticsGreek Politicspolitician. I do not like extreme or divisive language.” On this point, Mitsotakis was questioned
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Industrial turnover up by 8.6 pct in July, positive for eighth month
EconomyMacroeconomy. In addition, the industry confidence indicator published by the European Commission dropped by one point
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