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Newsletter 217 -02/08/2019
, economically beneficial and fair system” for the settlement of tax debts, avoiding the need
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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economy. NPEs The ratings agency draws attention to the fact that asset quality in the banking system remains
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Staikouras strikes note of caution on fiscal space and tax cuts
EconomyProgrammebillion euros and carries an interest of more than 5 percent. The health of the banking system
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July employment balance turns negative by 14,691 after five straight months of positive data
EconomyMacroeconomyThe employment balance turned negative in July with 14,691 more firings than hirings, data from the Labour Ministry’s Ergani information system showed. July’s negative balance interrupts five months of positive balances. Compared to the same month last year, there were 6,081 fewer hirings than
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Amid clash over watchdog, ND expects reforms to deliver more effective governance
PoliticsGreek Politicsthe opposition’s argument that some of the reforms are undemocratic, by pointing out that under the new system
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingbillion euros. With the drop of NPEs outpacing the deleveraging in the system that saw loans drop
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Eurosystem funding rises by 64.9 mln in July
EconomyMacroeconomysystem grew.
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Last-minute labour amendment, university asylum law fuel political row as third bill passes
PoliticsGreek Politicsthat the hirings balance in July was negative by 14,691, according to the Ergani system, inferring that SYRIZA
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Capital controls to be abolished ahead of schedule
EconomyBankingand banking system”. The lifting of capital controls had been indicated in New Democracy’s election campaign
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Government courts backlash over squat raids, while opposition is absorbed in internal debate
PoliticsGreek Politicsthe asylum processing system and crack down on people-smuggling, while calling on the EU
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