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Newsletter 48 - 23/10/2015
reports indicate it could not fall below 20 percent or more than half of the current levels. Greek banks.... This was the highest negative reading since October 2009. The decline is attributed to the fall... in traditional cases of corruption that led to their personal enrichment, they have been linked
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Newsletter 78 - 17/06/2016
. However, this represents a 1.7 percentage point fall on last year’s figure, reflecting an increase.... In both cases, reason has collided with emotion. Just as was the case in Greece last year, it was much... plunge on foreign exchange markets. “Even if sterling were to fall a few percentage points, so
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesmeans that its absolute boundaries will change through time. If incomes rise or fall as a whole... by the “middle income” group made up 12-14 percent of the tax payable during the same period. In both cases.... In most cases, the increases were steeper under SYRIZA than their predecessors. Households in the 5,000
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Tsipras facing decision over timing of vote on Prespes Agreement
PoliticsGreek Politicswith Independent Greeks (ANEL). Defence Minister Panos Kammenos, who leads ANEL, the junior partner... other sources. The only question that SYRIZA has about ANEL is what stance it will take if New... Kammenos and his ANEL colleagues have been that they will not vote against SYRIZA, allowing Tsipras
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Coalition bolsters unity in face of opposition pressure
PoliticsGreek PoliticsGreeks (ANEL) appear to have made the coalition members even more determined to stick together... took their decision after ANEL indicated it would not back two pieces of draft legislation. One... and to avoid fines from Brussels. However, New Democracy and ANEL were among those who expressed concern
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SYRIZA confident of survival beyond name deal, confidence vote
PoliticsGreek Politics(ANEL), departs the government as the opposition parties do not have enough support to win... during the gathering was what would happen after the departure of ANEL, which is thought to be just... the ratification of the Prespes Agreement as early as this Friday and ANEL leader Panos Kammenos has said he
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Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
EconomyMacroeconomydecreases in both output and new orders, stronger growth in employment, slower fall in stocks..., while there was a marked fall in inventories of finished goods as manufacturers adjusted to lower... with the deteriorating supplier performance seen since December. Slower lead times in a number of cases were mainly due
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Newsletter 89 - 23/09/2016
percent to 12.11 million in the first seven months, while the fall in the average expenditure per trip.... The downswing in July reflects a fall in manufacturing turnover by 6.1 percent. The turnover..., dropping by 5.3 and 6.7 percent, respectively. The downswing in July reflects a fall in manufacturing
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Newsletter 99 - 09/12/2016
. The breakdown of the November CPI showed the most notable fall was posted in clothing and footwear (-4.1 percent) followed by household equipment (-2.9 percent). The 1 percent fall in the core index.... As the cases of former programme countries Ireland, Portugal and Cyprus illustrate, they remain under strict
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBanking1.1 percent versus a fall of 24.6 percent in the consumer loans portfolio and 15.7 percent... figures have to fall to 25.3 billion and 17.6 billion, respectively. As the BoG report outlined... if there is a reduction in the backlog of cases related to the household insolvency framework (the so-called
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