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European Commission positive on Greece's macro and fiscal prospects
EconomyMacroeconomyrespectively. Unemployment is set to drop steadily in the next two years on the back of labour market
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Tsipras's choices are becoming clearer but not any easier
Agorabe offered significantly better terms by the institutions because of a more market-friendly and reform
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Gains of 2.5 pct for stocks this week amid subdued trading volumes
EconomyDespite the lack of positive developments ahead of Monday’s Eurogroup, the Greek stock market traded mostly in positive territory this week, climbing 2.5 percent with low trading volumes. Most investors remain on the sidelines adopting a wait-and-see stance in the absence of a positive catalyst
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Bill for out-of-court workout ready but may need tweaks
EconomyProgramme-of-court workout. However, market sources indicate that this target is quite ambitious and the actual
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Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
EconomyMacroeconomyThe Greek market recorded outflows of 1.53 billion euros in January after the seasonally high inflows of 2.8 billion in December, Bank of Greece (BoG) figures revealed on Tuesday. A similar pattern was also evident last year, when the December 2015 positive flow of 2.65 billion euros was followed
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Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market accelerated to 1.6 percent in January after remaining stable in the previous months, Bank of Greece (BoG) figures showed on Tuesday. This largely resulted from the extended deductions of 885 million euros in January after the cumulative additions
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Newsletter 109 - 03/03/2017
billion in January Households record biggest outflows The Greek market recorded deposit outflows of 1.53
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyin January, the corporate loan rates in the Greek market still stand more than 250 bps above
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Stocks rebound by 0.7 pct for third straight week amid light trading activity
EconomyThe Greek stock market edged up 0.7 percent for the third successive week following the return of the institutions’ mission chiefs to Athens and resumption of discussions with the Greek authorities about the second programme review. However, the trading volumes remained soft. The upswing fully
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Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyfrom the market. The BoG examined three scenarios on the evolution of debt to GDP ratio and GFN
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