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BoG underlines progress in NPE reduction but stresses need for systemic solution
Economypercent. New targets The new targets set to reduce the stock of NPEs by 62 percent over the next 3 years
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Central bank points out signs of recovery in business lending
Economy, from 0.8 percent in 2017. Specifically, for mortgages the reduction came to 3 percent, broadly
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesThe European Commission’s (EC) update on its enhanced surveillance report on Greece, released on April 3, contains a number of points including the current state of play with privatisations. The original document was released at the end of February with the current update serving as a supplement
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IMF sees Greece on course to meet fiscal targets and reduce debt
EconomyProgrammesurplus goal of 3.5 percent of GDP is seen being reached all the way to 2022, dropping to 3 and 2.8
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Shifting geopolitical balance in East Med presents prospects and pitfalls
PoliticsForeign Policyand Israel. Additionally, the bill urges the approval of 3 million dollars in military aid to Greece via
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Primary cash balance at deficit of 34 mln in March
EconomyMacroeconomybasis, revenues rose by a slight 3 million euros in March, coming to 3.12 billion euros
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Tsipras leads the line as New Democracy has victory and majority in its sights
PoliticsGreek Politics. However, Greek Solution would fall just short of the 3 percent threshold. The fact that there would
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Tsipras, Mitsotakis step up rhetoric ahead of EU vote as polls show little change
PoliticsGreek Politicsand the Communist Party on 5.5 percent. No other party is seen gaining more than 3 percent, which is the threshold
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Disposable income rises by 1.7 pct YoY in Q4, final consumption grows 1.4 pct
EconomyMacroeconomyin GDP. The figures showed that employees’ total remuneration rose by 3 percent YoY compared
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Newsletter 204 -03/05/2019
-‘. This is 3 notches away from investment grade. The other two agencies are four notches away. According
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