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Newsletter 72 - 06/05/2016
to back another package worth 2 percent of GDP, even if it may never be implemented. The European... cost this may carry. There seems no obvious solution to this impasse but Monday’s Eurogroup should make it clearer about how a solution may be reached. Brussels expects milder recession in '16 Broad
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Greek stocks rise 2.7 pct during week as bailout agreement nears
Economy-performing loans. Hellenic Exchanges releases its Q1 results on May 23, Piraeus and Motor Oil on May 25, NBG and Folli-Follie on May 26, while Aegean Airlines is scheduled to publish its Q1 trading update on May 26. Hellenic Exchanges also holds its Annual General Meeting next week, on May 25.
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Greek stocks slip 0.4 pct during week
Economydouble-digit gains in the preceding three weeks. Greek shares have climbed 9.1 percent so far in May... releases Q1 results on May 30 and Alpha on May 31. Terna Energy trades ex-dividend of 0.09 euros per shares on May 30 and Hellenic Exchanges also trades ex-dividend of 0.10 euros per shares on May 31
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomy. However, the monthly data points to a primary cash deficit of 277 million euros in May from a small... year. Nevertheless, the cash deficit in May almost doubled to 413 million euros this year from 213... revenues rose by 8.2 percent in May and 5.5 percent in the 5-month period to 17.18 billion
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Newsletter 81 - 08/07/2016
to the private sector resumed an upward trend, rising by 327 million in May after remaining almost stable... at the end of May. New electoral law hangs in balance Critics say changes could lead to short-lived... deposit rate eases Greek households’ new time deposit rate fell by 2 basis points to 0.85 percent in May
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Newsletter 86 - 02/09/2016
to that recorded in May. The biggest changes in turnover in June were recorded in car fuel (-18.3 percent), retail... at a slower rate of 3.6 percent in June, a deceleration on the 6.3 percent fall posted in May. Compared..., respectively. Retail volume decreased at a slower rate in June than May. Manufacturing PMI up Greece’s
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Opposition leaders rule out support for SYRIZA as battle for centre ground looms
PoliticsGreek Politicsis not on the table as there appears no immediate threat to the government’s majority. This may change after SYRIZA’s congress in October, when the lid on the party’s internal differences may be lifted. Tsipras also indicated in Thessaloniki that a cabinet reshuffle may be on the cards. Centre ground
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After raising labour concerns, back to grind of talks for Tsipras
PoliticsGreek Politicsfor SYRIZA members and MPs, who may soon be called upon to approve a difficult deal with the lenders..., Juncker reminds Tsipras that Athens had committed in the summer of 2015 not to reverse measures that may... than just older units. Politically, this is a concern for the government as it fears this may turn
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Review set to resume in Athens as debt talks drag on
PoliticsGreek Politics, the fiscal gap for 2018 and a range of other minor issues. The aim is to conclude the SLA by May 1... the relevant measures through Parliament by mid-May, leaving enough time for a global agreement to be reached at the May 22 Eurogroup. However, for this comprehensive deal to be reached, the creditors
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingby 500 million to 16.4 billion in May. Specifically, ELA funding fell from 13.2 billion last December to 12.2 billion in March, and to 12.2 billion in May. Outstanding interbank repos increased to 1.4 billion in May, while the nominal value of the currently held pillar II bonds stands at 300 million
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