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Newsletter 38 - 07/08/2015
in June. According to the latest official ECB data for 2013, the total number of cards issued
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Bank recap and NPL management create conundrum in bailout talks
Economyissue relates to the management of NPLs. According to the Bank of Greece (BoG) latest official date
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgrammeincluded in the latest list sent by the Greek government on July 9. We present below the key interventions
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This is the government's strategy on banks and NPLs as part of third bailout
Economyof 2015 at the latest. This means that a bail-in on senior debt and uninsured deposits, both effective
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgrammemillion euros. According to the latest list of prior actions sent on July 10, the government has
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Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote
PoliticsGreek Politics, Lafazanis and his colleagues called for a national movement to oppose the latest memorandum
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomyrelates to the evolution and management of non-performing loans (NPLs). Based on the latest official
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Newsletter 40 - 28/08/2015
percent in 2016 before growing by 2.7 percent in 2017, in line with the institutions’ latest official
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyThe latest official estimates by the institutions are pointing to a recession of 2.3 percent in 2015
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Retail sales fell by 1.7 percent in June, after a short-lived rise in May
EconomyMacroeconomyby 4.4 and 14.3 percent respectively. The latest retail business indicators published at the end
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