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What capital controls will mean for Greek banks, customers and the economy
Economy. This figure may have risen close to or above the 50-billion mark. At the same time, ELA climbed from... of capital controls via a legislative decree. During the bank holiday, which may later be extended.... The legislative decree clarifies that pension payments are excluded from capital controls, with further
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Greek business feeling the pinch from capital controls
Economythe decline was below the 50-percent mark. The negative direct or indirect implications of capital...The imposition of capital controls a month ago has taken a heavy toll on Greek companies, from... the imposition of capital controls found total retail sales had dropped 10 percent. This reflected
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicson the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed
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Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
EconomyMacroeconomyand the second reading below the 10,000 mark in the course of this year. The highest reading...). The drop in July is largely attributed to the imposition of capital controls. It is the first... for a potential Grexit or imposition of capital controls and deposit haircut with a large number
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomybps below the 1-percent mark to 0.78 percent in July from 1.09 percent in June, primarily reflecting...’ decision to lower interest rates in the aftermath of capital controls, since the four core banks dominate more than 95 percent of the market. The legislative act on capital controls prohibits
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Newsletter 219 -13/09/2019
106.0 in Q1. As of the current quarter, the index has been above the 100-point mark since Q1 of 2017, equal to nine consecutive quarters. It has also stayed above the 105-point mark for four consecutive quarters. The index has remained above the 100-point mark for nine consecutive quarters. Building
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Newsletter 48 - 23/10/2015
took up a position in the cabinet, first as alternate interior minister and later as labour minister...Recap structure in final stages Bankers appear optimistic that capital needs will be covered... to announce the Greek banks’ capital needs on October 30–31, the draft bill on bank recapitalisation
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya
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