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  1. Newsletter 40 - 28/08/2015

    Newsletters

    for the stress tests (under the baseline scenario) while the final templates are due by 2 September... in final consumption and a fall in imports. 2 Tsipras goes TINA Promises have less currency in the third

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  2. Even week for Greek stocks but trading thins out

    Economy

    Greek shares ended the week with gains of 2 percent following a broadly stable performance but trading activity remained extremely thin throughout the week, with Wednesday’s turnover being the second... fell by 5.6 percent to 33.9 million. Ellaktor’s revenues rose by a modest 2 percent to 365 million

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  3. Newsletter 42 - 11/09/2015

    Newsletters

    with the conservatives, SYRIZA will be searching for a minimum victory over New Democracy of about 2 percentage... lowest reading this year. 2 Looking in from the outside External observers wisely avoid misguided

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  4. Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    improved by 2 pp over the Q2 2014 rate of 26.6 percent. This reflects a rise in the number of employed... (around 2 pp) to 21.5 and 28.3 percent respectively. The latter remains steadily almost 7 pp higher

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  5. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    . If confirmed, this would mean 2 million higher arrivals than last year’s figure of 24 million... contraction of 1.5 to 2 percent this year. In mid-August, the institutions that oversee Greece’s adjustment

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  6. If it's stability you're looking for...
    Photo by MacroPolis

    Agora

    their applications by 2 October, but the tension will build until the vote, which will possibly take place before... has rejected the idea of cooperating with PASOK, despite seeing its support slip by 2 percentage

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  7. Newsletter 45 - 02/10/2015

    Newsletters

    indicate that it may be split in two subtranches of 2 and 1 billion, respectively, meaning that two... Sentiment in September saw the biggest rise in 13 years. 2 Not a winter for ineptness Country must

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  8. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    sub-tranches of 2 and 1 billion respectively, the government has indicated it aims to pay arrears.... 2) Considerable drop in repos by 7.1 billion more than offsetting the marked rise by 6.4 billion

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  9. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    percent quarter on quarter (QoQ) to 423 million. Fee income also fell 2 percent QoQ, yet the considerable... core-pre provision income (excluding one off items) rebounded 2 percent quarter on quarter (QoQ

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  10. Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance

    EconomyMacroeconomy

    to: 1) SMP and ANFA income of 1.72 billion that was not collected 2) Non-assessment and collection... stands 1.24 billion below target. At the same time, PIB revenues stood at just 2 million in September

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