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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomyin August. This was broadly expected since the ECB Governing Council decided on August 18 to lower.... On September 3, ECB decided to further lower the ELA limit by another 600 million to 89.1 billion. However
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Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomyto 537 million in the 8-month period. The over-performance so far this year reflects lower primary... months (February, March and June), when expenses were 2.1 billion lower than target
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammewill further lower their cost with preliminary estimates calling for a 15 percent average cut in existing... and lower benefits.
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Newsletter 44 - 25/09/2015
. This is 535 million better than the target and is attributed mostly to lower primary expenditure (2.8 billion), military procurement (361 million) and tax refunds (250 million). Lower primary expenditure
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyto corporate loans. Eurobank NII rebounded 1.1 percent QoQ to 377.9 million largely led by lower... banks posted lower deposit, but higher ELA, costs in Q2 coupled with a drop in fee income. Core pre
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Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept
EconomyMacroeconomymillion lower. This is primarily attributed to higher budget revenues (by 1.32 billion) and to a lesser extent higher budget expenditure (by 191 million) and lower interest payments (by 201 million
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomycoupled with a series of wage cuts. For the private sector in particular, lower salaries reflect... as shift towards more flexible forms of work that inevitably led to lower employee compensation
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The key points in Greece's new bank recap bill
Economyshareholders will be determined via a book building process and cannot be lower than the price of HFSF’s participation. In addition the issue price of the capital increases may be lower than market
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ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
Economyby the deteriorating macro environment in Greece that led to higher NPE volumes as well as lower...) or for a lower amount. Saturday is also the deadline for the publication of Greek banks second
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PMI continued improving in Oct but survey data points to economic struggle ahead
EconomyMacroeconomyreflecting lower demand from both the domestic and the international markets was recorded in October mostly.... In addition, falling production volumes resulted in lower holding of unfinished goods. The average lead times
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