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Newsletter 162 -18/05/2018
Progress in talks point to SLA Breakthrough on fiscal issues, agreement in other areas bode well for May 24 Expectations were high on Friday that Greece and the institutions could have a staff-level agreement (SLA) in place by the May 24 Eurogroup. The optimism was generated by the fact
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Coalition picks out positives from lenders' deal, clashes over political violence
PoliticsGreek Politicsof law and order, believing this is a weak point for the government. Tsipras is equally fond
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No breakthrough on debt talks at Eurogroup but June 21 goal remains
EconomyProgrammethe IMF board can decide whether to commit further funding to Greece. However, the exact cut-off point
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Philip Roth's words of caution
Agorapresident, by taking us on his trip to the edge of darkness, the author has already driven home his point
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Macedonia name deal in hands of Tsipras and Zaev
PoliticsForeign Policythey are at the most critical turning point.” The government official added that patience will be required until
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingEurobank recorded net profits of 34.5 million euros in the first quarter (Q1) of 2018, representing a year-on-year (YoY) decline of 5.5 percent versus net profits of 36.5 million euros in Q1 2017. Net results before discontinued operations and restructuring costs point to profits of 57.2 million
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomy. The Council makes a point that in 2017, the balance of other goods, that exclude oil and ships
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomySupervisory Mechanism (SSM) point to a marked reduction in NPEs by 36.5 percent or by 37.2 billion from Q2
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Unemployment at 20.1 percent in March
EconomyMacroeconomy. In regional terms, the lowest rate of unemployment is found in Crete at 16.7, up by 1 percentage point since
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Bond difficulties put a dent in coalition's exit plans
PoliticsGreek Politicsprogramme in just over two months. “We have gone beyond the point where we could have market access
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