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How Greek banks were left on the brink
Agoraand June 19, the ECB Governing Council has decided to increase the ELA cap for Greek banks by around 9... each, Eurobank at 8 billion and Alpha at 6.2 billion. Those estimates were based on current collateral
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme(additional needs of 9 billion). The programme’s privatization revenues were estimated at 23 billion... of Greece fell to less than 1 billion at the end of May against a target of 5 billion in 2015 and 8
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomylending sector, the housing rate fell by 9 bps to 2.88 percent, whilst in consumer loans... percent. The interest rate in loans to sole proprietors slipped by 8 bps to 7.65 percent. The drop
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Greek government commits to new fiscal measures for third bailout
EconomyMacroeconomybelow 12,000 euros and from 33 to 35 percent for higher income. 8) Gradual abolition of the preferential tax treatment of the shipping sector 9) Permanent reduction in the expenditure ceiling for military
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The targets and deadlines in Greece's privatisation programme
EconomyProgrammeare expected by February 2016 and parliament ratification by June 2016. 8) TRAINOSE tender is currently... for December. 9) Athens International Airport (AIA). The project relates to the sale of a 30 percent
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Opinion polls indicate fragmentation, close election race
PoliticsGreek Politicsfewer than the 25 that broke away from SYRIZA to form the party 8) The post-September 20 Parliament... political talk shows on late-night TV 9) A clear majority of Greeks were unsatisfied by the SYRIZA
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These are the bailout deliverables expected from Greece in September
EconomyProgramme, which will assist on implementation, an action plan on public procurement. 8) Integrate... as of September 1 has been signed on August 25. 9) Extend the 2015 claw back ceilings for diagnostics
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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammeto 2018. 7) Better target eligibility to halve heating oil subsidies in 2016 budget. 8) Permanently..., with a targeted set of actions including reduction in headcount and procurement. 9) Tax
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New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls
EconomyMacroeconomycards) rose by 9 bps to 14.64 percent, while that for loans with a defined maturity stood at 7.51... reasons. In addition, the interest rate in loans to sole proprietors slipped by 8 bps to 7.56 percent
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Industrial production rebounds strongly in August with 4.5 pct rise
EconomyMacroeconomywith that in October 2012) since November 2007. The strong rise is largely attributed to electricity (+9... and energy production decreased by 8 and 1.2 percent MoM respectively. The latest industry confidence
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