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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingthat capital increase, the bank’s phased-in Common Equity Tier 1 (CET1) ratio reached 17.64 percent
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomyarrivals by 1 percent. Financial account The financial account under direct investment increased by 93
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyproperty (ENFIA) taxes are expected to make up 1.3 and 1 percent of total tax revenues respectively
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Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomyto 30.71 billion in the 8-month period. Interest payments decreased 1 percent in August and 7 percent
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How the pension fund that invested heavily in Attica Bank lost half its reserves
Agorawas established in 1934 and retained a very healthy ratio of pensioners versus insured of 1:7 until
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomy, corporate loan balance declined by more than 1 billion month on month (MoM) to 93.82 billion on extended
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Retail sales rebound by 7.1 pct in July for first time in thirteen months
EconomyMacroeconomyturnover fell 4.7 percent. It is worth noting that the seasonally adjusted retail sales rebounded 1
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Newsletter 91 - 07/10/2016
surplus by around 1 billion. The breakdown showed revenues increased by 3.86 billion to 48.94 billion
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IMF's role in Greek bailout remains in doubt
EconomyProgrammeand personal income tax reforms. Thomsen reiterated that the pension reform yields just 1 percent
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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomyadjusted IPI in August edged up 0.4 percent from the previous month after a drop of 1 percent posted
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