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Greek banks on cusp of improved liquidity conditions
Agoratheir equity and capital base. Waiver The first relates to the long-awaited reinstatement by the European... and capital. At the same time, it would certainly improve the market sentiment and investors’ perception... returning back to the banking system. Also, the lifting of capital controls is a key prerequisite
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Newsletter 96 - 18/11/2016
capital. In his statement following a meeting with Prime Minister Alexis Tsipras, Obama struck all... capital were not encouraging. While Obama was still in Athens, German Finance Minister Wolfgang... figures were dragged down in the wake of capital controls. Despite the recent upswing, the aggregate
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyas last year’s figure was burdened by the imposition of capital controls. General government.... Investments Gross fixed capital formation posted a positive growth rate QoQ for the second straight... in the 9-month period, largely reflecting lower net transport receipts on the back of capital
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Liquidity and NPL resolution feature prominently in draft deal between Greece and lenders
EconomyProgramme) will send a quarterly report to the institutions including key statistics related to capital controls... 2017, the Finance Ministry (MoF) and BoG will have to publish a roadmap for the relaxation of capital... not cover capital shortfalls, the BoG will undertake appropriate actions by March 2017. In addition
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Newsletter 101 - 23/12/2016
to be a tricky task as no progress was made during the mission chiefs’ last visit to the Greek capital... and credit cards after the imposition of capital controls in July 2015 had a positive impact on VAT... the government started clearing arrears. Industrial turnover index declines Capital goods and consumer
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammethe key interventions included in latest draft MoU related to fiscal and pension reforms, capital... the contract of trade unionists will be reviewed. Capital controls Bank of Greece (BoG) and the Finance Ministry (MoF) will prepare and publish the roadmap for the relaxation of capital controls outlining
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomyconsumption by 0.4 percent and a substantial increase in gross capital formation by 48.3 percent, comfortably... is seen as rising by 0.1 percent. Investments Gross capital formation soared by 48.3 percent QoQ and 13.6 percent YoY in Q1. However, gross fixed capital formation fell by 0.4 percent QoQ and grew
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomyto reduce NPL stock, the slight fall in non-performing exposures (NPEs) and the plans to ease capital... out, while the annual rate of of decline in credit to households is almost zero. Capital adequacy... to small- and medium-sized enterprises (SMEs, 60.7). Capital controls remain a problem although measures
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Review demands put spotlight on Greek banks
EconomyBankingof June 2015, the IMF has earmarked an amount of 10 billion euros for potential bank capital needs... capital base which consists of circa 70 percent of Deferred Tax Assets (DTA) and believes... of bad loans would allow the relaxation of capital controls before the end of the programme and banks
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoradriving from the Greek - FYR Macedonia border crossing of Bogorodica near Gevgelija to the capital... reduce travel time from the capital Skopje to Štip, which is the largest city in the Eastern region.... In 2010, China’s Zhengzhou Yutong Group was chosen to supply the capital city Skopje with 202 retro
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