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As negotiations start, Greek coalition draws confidence from public opinion
PoliticsGreek Politics. A banking source told Reuters on Tuesday that around 1 billion euros had been withdrawn in February... taxes, while direct taxes rose by 2 percent. Public opinion SYRIZA’s roots as a leftist movement
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Minor changes in Greek time deposit rates, higher movements in corporate loans
EconomyMacroeconomyThe interest rate on households’ new time deposits eased in January by just 2 basis points (bps), falling to 1.8 percent from 1.82 percent in December, according to the Bank of Greece (BoG... in January. The interest rate in the corporate loans with fixed maturity for amounts above 1 million
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Drop in Greek CPI decelerates again to 2.1 pct in March
EconomyMacroeconomyand footwear prices, followed by household equipment (+5.8 percent) and transport (+2 percent... on April 1, the government estimates 2015 will be another deflationary year with HICP seen at -0.5
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Newsletter 24 - 24/04/2015
, as well as repayments to the IMF (of 180 million on May 1 and 700 million on May 12) and interest... reading since the beginning of 2014. 2 ‘One Belt, One Road’? China or Russia don't give money
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Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure
EconomyMacroeconomyabove target. As a result, 3-month net revenues eased 1 percent to 10.57 billion, falling short.... The breakdown showed that expenses for salaries and pensions fell 4.3 percent in March but rose 2
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Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek Politicsrevelations. The key things to take away from the show are: 1. Referendum: Tsipras ruled out the option... be needed if such a vote is called. 2. Red lines: Although Tsipras said he is hopeful that an agreement
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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyGreek household disposable income grew for the second straight quarter by 1.4 percent year on year in the fourth quarter (Q4) of 2014 after an upward revised 1 percent rise in Q3, according... numbers is much lower at 681 million. After a short-lived rise by 2 percent in Q3, household final
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomyrose by 8.6 percent, in books, stationery and other goods by 2 percent and in supermarkets marginally by 0.5 percent. On a monthly basis, retail turnover eased 1 percent month on month (MoM), while
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Tsipras eyes movement on EEZ after second Greece, Cyprus and Egypt pact
PoliticsForeign Policyin the field of energy. Wednesday’s agreement focuses on three key areas/ 1. Energy: The three countries agreed to work together on delineating maritime zones and tapping hydrocarbon reserves. 2. Migration
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Greece prepared to move on pension, labour reforms but details to be decisive
PoliticsGreek Politicspoints to take away from the statement and the circumstances surrounding it. 1. Fifth review... review has been completed. 2. Pensions: “They notably discussed the importance of reforms to modernise
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