Search
-
Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomyGreek households’ new time deposit rate was kept stable at 0.86 percent in July, Bank of Greece (BoG) data showed on Thursday. This rate is hovering around 0.85 to 0.88 percent in the last five months, after a notable drop by 90 bps following the imposition of capital controls at the end of June
3% -
Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingbanking system by the end of the year mostly on the back of capital controls’ relaxation. However
3% -
H1 exports show notable fall in many sectors but agricultural products buck trend
Economy. These include lack of liquidity, capital controls, state arrears to the private sector, delays
3% -
Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomyimports plummeted 32 percent in the wake of capital controls. In addition, exports contracted
3% -
Current account surplus falls to 1.4 bln in July
EconomyMacroeconomysurplus is mostly due to lower net transport receipts mainly attributed to capital controls. In addition
3% -
After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammeand strengthen incentives for sustainable restructuring measures and NPL sales. Moreover, capital controls
3% -
Multi-bill approved, coalition looks for positive news to fend off opposition attacks
PoliticsGreek Politicscontrols). The elder Kalogritsas is also facing tax evasion and money laundering claims. Kalogritsas’s
3% -
Greek government risks mauling after straying off
Agoraexposure at a time when deposits were plummeting and capital controls were being imposed will only
3% -
Retail sales rebound by 7.1 pct in July for first time in thirteen months
EconomyMacroeconomyof capital controls. Retail volume posted a higher growth rate of 9.7 percent in July, after
3% -
Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomywith the gradual relaxation of capital controls and the progress on the settlement of non-performing loans
3%