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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
EconomyDecember. This means that their holdings have to be rolled-over by Greek investors (banks), which is what
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomybroadly stable recording outflows of just 89 million in the December-February period. More than two thirds
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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
Economypercent forecasted in January and 2.5 percent in December adding that the risks to growth
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Economic sentiment, consumer confidence edge down in March
EconomyMacroeconomyfor the first time since December 2013. Retail trade indicator slipped by 0.2 points to -4.1, the lowest
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Deposit rates stable, avg loan rate below 5 pct for first time since 2002
EconomyMacroeconomyin the December-February period, which were largely in the form of time deposit withdrawals, the respective rate
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Tsipras hopes for 'spring' with Russia but brighter days not certain
PoliticsForeign Policyand Turkish President Tayyip Erdogan in December 2014. However, there are a number of obstacles in the way
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Newsletter 22 - 03/04/2015
of that issue, according to press reports. However, since December they have been reluctant to roll over
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeto rollover their Greek T-Bill holdings as of December, more than 700 million of maturing T-Bills
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Drop in building permits accelerates to 7.1 pct in Jan
EconomyMacroeconomyThe drop in Greek building permits slightly accelerated to 7.1 percent in January from 6.4 percent in December, according to the Hellenic Statistical Authority (ELSTAT). The January figure is the eighth straight monthly negative reading for the month and is the second lowest drop over this period
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyin the December-February period b) The lift of the waiver (by the ECB as of February 11) of Greek government
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