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Hopes of swift deal on contingent measures doused by technical, political complications
PoliticsGreek Politicsarisen in the effort to agree the original package of measures, worth 3 percent of GDP or 5.4 billion
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Compromise emerges on liberalisation of NPL market
EconomyProgrammeBeyond the convergence between Greece and its lenders on the basic package of austerity measures worth 3 percent of GDP, the government and the institutions appear to have clinched an agreement on the sale of non-performing loan (NPLs). A moratorium has reportedly been agreed on the sale of primary
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Retail sales down 7.3 pct in Feb for highest drop since July 2015
EconomyMacroeconomy. ELSTAT figures also showed that the seasonally adjusted retail sales and volume fell by 2.4 and 3
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
Economyalmost agreed on measures worth 3 percent of GDP (5.4 billion) to achieve a primary surplus target
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsto support the basic package of 3 percent of GDP in austerity measures. This has led to Athens
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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economythat additional savings of 3 percent of GDP by 2018 are envisaged by the Greek government to reach the primary
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Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomyGreek households’ new time deposit rate eased for the third straight month, albeit modestly, by 3 basis points (bps) to 0.88 percent in March, Bank of Greece (BoG) data displayed on Wednesday. The headline figure indicates a new low for time deposit rates since 2002. Since the imposition of capital
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Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting
EconomyProgrammegovernment and the institutions have almost fully agreed (99 percent) on measures worth 3 percent
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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammeAlthough Greece and its lenders are continuing to debate how to set up an extra 2 percent of GDP in fiscal measures so they are on standby if primary surplus targets are missed next year or in 2018, there appears to be agreement between all sides on the basic package of 3 percent of GDP in spending
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Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement
Economyand institutions have reached an agreement on the 99 percent of measures worth 3 percent of GDP
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