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Newsletter 206 -17/05/2019
on their books, Greece’s banks are already looking to the stress test in 2020. A meeting took place
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How SYRIZA lost and New Democracy won
Agoraof the programmes took away the strongest item on their agenda. They evaporated in Sunday’s vote, with New
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Credit contraction falls to 0.1 pct in April, balance at 161.82 bln
EconomyMacroeconomypositive by 63 million euros from 187 million euros in March. The latest month’s reading took the balance
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SYRIZA offers compromise over judicial dispute to prevent more turmoil before polls
PoliticsGreek Politicsthe Supreme Court’s next president and prosecutor. Kalogirou took action after significant pressure was put
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Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
EconomyMacroeconomy-off payments that took place until May of 2019 in connection with ministerial decisions issued
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BoG notes economic progress, urges safeguarding of fiscal credibility
EconomyIn the financial stability report the Bank of Greece (BoG) published on Tuesday, it took stock of the positive developments in the Greek economy and the banking system. But it urged caution on the fiscal policy front after the recent round of expansionary measures and called on banks to focus
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Piraeus Bank issues Tier II bond to strong demand
EconomyBankingtook place at the start of June, when Piraeus Bank announced that it had entered into a strategic
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Travel balance falls by 4.1 pct in April
EconomyMacroeconomy. Payments also recorded a rise of 22.8 percent to 884.8 million, which took the overall travel balance
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ND maintains big lead but keeps foot down to counter possible low turnout
PoliticsGreek Politicsin the July 7 elections, which is around half of the groupings (41 in total) that took part
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingthat in 2018, a total of 924 million card transactions took place, an increase of 28 percent YoY
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