Search
-
A third of Greek homeowners fear losing their properties in 2014
SocietyRoughly one in three Greeks fears losing their home in 2014 despite the restrictions on foreclosures the government has kept in place for the New Year. As of January 1, Greek banks have more leeway... 1 million Greek households are paying mortgages, meaning that 168,000 owners are failing to pay
10% -
C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight
EconomyMacroeconomyby the BoG, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2... published on December 17, point to a surplus of 1 percent of GDP in 2013 for the first time in Greek
10% -
Spain’s economic recovery languishes amid graft scandals
Agorathe 0.5 percent rate calculated by the European Commission but lower than the 1 percent estimated...” in implementing reforms and adjustments that have triggered “enough dynamism” for growth of 1 percent of the GDP
10% -
C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomyof between 1 and 2 percent of GDP in 2013. The BoG’ estimates included in its interim report on Monetary Policy published on December 17, pointed to a surplus of 1 percent of GDP in 2013, rising to about
10% -
EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economyon March 11, stand 1 billion above 2-month targets, despite a shortfall of 124 and 144 million... was 1 billion above the target. Revenues excluding tax refunds rose 8.8 percent in February
10% -
Greece exceeds expectations with first return to bond markets after four years
Economy. This meant there was a sharp yield decline of 1 percentage point in February and March, whereas the yield... to around 1 to 1.5 percent, which would translate into annual cost savings of around 200 million euros
10% -
National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingbillion granted to the Greek state in 2009. These shares are eligible as Core Tier 1 (CT1) capital under.... Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land
10% -
Greek current account deficit rises to 709 mln in February
EconomyMacroeconomythe latter incorporates a rise in tourist arrivals by 10.2 percent, The year-to-date C/A deficit stood at 1... forecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point
10% -
CPI down 1.3 pct in April as Greece remains in deflation for 14th month
EconomyMacroeconomyof the respective VAT rate by 10 percentage points as of August 1. In contrast, health coupled with alcoholic... of 0.3 percent in 2015. On the flipside, OECD latest forecasts point to a stable deflation close to 1
10% -
Jobs, hundreds of thousands of jobs
Agorathe troika’s cosh for exactly four years. The most devastating cost has been the loss of 1 million jobs... years will be reduced by over 1 pp for every pp of growth. The problem here though
10%