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  1. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    controls, labour market reforms, privatisations and public administration. The primary surplus target... 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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  2. Car registrations resume upward trend in August rising by 20.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    of capital controls and was the first negative reading since August 2013, while the rate of decrease... trend despite capital controls. In absolute terms, the number of road motor cars stood at 7,039... from customers to buy cars amid fears for Grexit or imposition of capital controls and deposit haircut

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  3. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    of administrative measures on the banking sector (capital controls). Long-term growth is anticipated... controls and severe liquidity shortage in the Greek economy led to major downward revisions of fiscal...-performing loan (NPL) resolution process, imposition of capital controls and payment culture, a capital

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  4. Newsletter 35 - 17/07/2015

    Newsletters

    holiday and the imposition of capital controls, the fundamentals of Debt amortisation makes up 40... in conjunction with domestic and external capital controls, it is appropriate to take stock.... * The closure of Greek banks and the introduction of capital controls have contributed to the emergence

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  5. Greek stocks down 15.2 in first week of trading after market closure

    Economy

    controls was accompanied by a sell off exceeding 16 percent on the first trading session. The drop... of the negative impact of capital controls on the macro outlook as well as on companies’ fundamentals... the imposition of capital controls the average daily activity exceeded the 100-million-euro mark

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  6. Rebound of 9.38 pct on Tuesday almost erases Monday's Greek stock losses

    Economy

    this week, while the drop since the end of June, when capital controls were imposed, stands at 22 percent... of 1.8 percent, whilst the cumulative losses in the post-controls period remain huge above 68... restrictions on domestic investors due to the capital controls are still taking their toll Bonds

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  7. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    this is expected to significantly slow down in Q3 due to the imposition of capital controls. Since 2008... of capital controls, it is expected that a similar performance will be evident in Q3. Note though that due... (S&P) for 2015. However, some of them have not been updated after the imposition of capital controls

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  8. Car registration growth slows to 6.7 pct in September

    Economy

    before the imposition of capital controls in late June exceeded the 10,000-mark. The aggregate... of 23.9 percent was recorded largely due to the capital controls. Nevertheless, the positive trend... and increased interest from customers amid fears for Grexit or imposition of capital controls and deposit

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  9. PMI continued improving in Oct but survey data points to economic struggle ahead

    EconomyMacroeconomy

    unabated since January and the recent data reflects the negative impact from capital controls... related to capital controls and payment difficulties. However, the recorded decrease in volumes... lengthened in October largely attributed to capital controls and lack of raw materials at vendors

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  10. Newsletter 81 - 08/07/2016

    Newsletters

    noted that the lifting of capital controls would be a gradual process, adding that the restrictions..., Fitch noted that capital controls could be gradually relaxed from the end of 2016, subject to a stable... precondition for the lifting of capital controls. In addition, Fitch said that following the ECB’s

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