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Corporate lending rates resume upward trend in April, time deposit rate stable
EconomyMacroeconomytime deposit rate has been declining steadily since the imposition of capital controls last summer
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Industrial production rebounds 2.8 pct in April
EconomyMacroeconomyand 5.2 percent respectively, while capital goods was the only group recording a drop of 8.2 percent
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Greek stocks down 4.6 pct during week after Friday’s sell-off
EconomyExchanges approved on Thursday the distribution of a capital return of 0.22 euros per share, implying
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorabanks return to profitability after many quarters of losses. Capital base Banks remain well capitalised
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BoG cautions on impact of tax rises, updates on rising NPEs
EconomyMacroeconomypp to 50.1 percent in 2015 from 44 percent a year ago. Following the capital increases last November
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeIn its compliance report for the first programme review, the European Commission (EC) included an updated debt sustainability analysis (DSA). This takes into account the milder recession and higher fiscal outcome in 2015 and lower bank capital needs. As a result, Greece’s debt to GDP ratio landed
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammein December for NBG and Piraeus capital needs, while the unused 4.6 billion remain available
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Current account deficit narrows to 822 mln in April
EconomyMacroeconomyto a remarkable decrease in the net transport receipts attributed to capital controls. In addition, travel
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Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease
EconomyMacroeconomy, while the turnover in intermediate and capital goods decreased by 6.6 and 4.8 percent respectively
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Greek economy braced for impact from Brexit, hopes effect will be limited
Economy, capital controls provide a shield for the domestic economy, at least in the short-term. The same
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