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Newsletter 35 - 17/07/2015
into NPLs. This does not augur well in terms of client repayment capacity in the coming months
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For Greek banks, it's business as unusual
Agorato turn into NPLs. This does not augur well in terms of client repayment capacity in the coming
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Centre-left parties jockey for leading role in post-election landscape
PoliticsGreek Politicsnot augur well for Androulakis and his vision, however PASOK sources argue that the large portion
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BoG sees sustained growth, argues challenges require wide-ranging policy interventions
EconomyMacroeconomy, with GDP up by 2.2 pct this year, accelerating to 2.5 pct in 2025 and slightly more moderate at 2.3... again exceed expectations. The BoG also outlines various challenges that the Greek faces, ranging...-ranging policy response to improve Greece's economic performance and social cohesion. The BoG makes
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Retail sales nosedive by 8.7 pct in July amid capital controls
EconomyMacroeconomy) and department stores (down 14.9 percent). In contrast, retail sales not in stores rose by 1 percent in July... (MoM) showed a fall in retail sales by 7.7 percent mainly driven by retail sale not in stores... percent). On the flipside, two store categories posted a MoM rebound, namely department stores
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Retail sales down 3.9 pct in April for eleventh successive month
EconomyMacroeconomypercent) and retail sale not in stores (-14 percent). Smaller drops were recorded in furniture... 13.5 percent, while the turnover in department stores also rebounded by 6.7 percent. The comparison... recorded in clothing and footwear (+47.4 percent), retail sale not in stores (+34.4 percent
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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgrammeplus 1.7 billion to clear state arrears. Although the agenda of this review is widely perceived
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Newsletter 448 - 24/01/2025
Democracy MPs, plus up to 3 additional votes from independents, including former PM Antonis Samaras... nominee, was on the Greek PM’s mind. The first opinion poll gauging the public’s reaction
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Xi's visit carries promise of closer Sino-Greek political, economic ties
PoliticsGreek Politicsand Central and Eastern European countries, known as the “17+1” (17 CCE countries plus China...The visit of Chinese President Xi Jinping to Athens led to the signing of wide-ranging agreements... with Beijing. A total of 16 agreements were signed, ranging from MoUs on the export of Greek saffron and kiwi
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Drop ‘til you shop
Agoraby a new law allowing stores in 10 areas of Greece to open every Sunday. Unions representing store owners... economy benefit from the extra trade. Stores, for instance, hire extra staff to cater for customers..., though, the Greek experience appears to be different. Only 6 percent of 227 retail stores in Athens
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