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  1. Corporate lending rates resume upward trend in April, time deposit rate stable
    Photo by MacroPolis

    EconomyMacroeconomy

    a decline in the overnight rate, the weighted average rate on total new deposits eased by 3 bps to 0.45

    8%
  2. Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln

    Economy

    by the end of April, implying a rise by 3 percent compared to the corresponding period last year. Meanwhile

    8%
  3. NBG completes sale of Finansbank to Qatar National Bank
    Photo by MacroPolis

    EconomyBanking

    in May implying the nominal value stood close to 3 billion. The ELA funding cost stands 150 basis

    8%
  4. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    aid in 2015 bank recapitalisation can be recovered. 3) Primary surplus is expected at 0.5 percent

    8%
  5. Commission sees lower Greek financing needs, provides timetable for course of programme

    EconomyProgramme

    primary deficit is seen at 3 billion. Net financing needs are estimated at 5.2 billion euros

    8%
  6. Newsletter 78 - 17/06/2016

    Newsletters

    forecasts a marginal recession of 0.3 percent in 2016, while a strong GDP rebound of 2.5 and 3 percent

    8%
  7. Primary cash surplus widens to 2.66 bln in first five months of 2016

    EconomyMacroeconomy

    with interest payments down 1 percent to 3 billion. PIB balance posted a deficit of 154 million euros in May

    8%
  8. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    period, resident’s net external assets rose by 3 billion largely due to an increase in their foreign

    8%
  9. Athens sweats on outcome of UK referendum
    Photo via Flickr https://flic.kr/p/AVZDxh

    PoliticsForeign Policy

    are worth around 3 billion euros a year but there are concerns that the economic impact will be far

    8%
  10. Crisis management policy: the sad lesson of the Greek case
    Photo by Harry van Versendaal

    Agora

    2016 to 2018. Accordingly, there is an obvious risk that optimistic EU growth scenarios of 2–3

    8%