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NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
EconomyBankingand a drop in the loan NII. During the conference call, the management guided for a positive impact
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Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammehas to be lowered to 7-8,000 euros, while the government has counter-proposed a lower drop to around
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Newsletter 67 - 18/03/2016
percent to 3.64 million and a drop in the number of unemployed by 5.7 percent to 1.17 million
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Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification
EconomyAfter rising in the previous four weeks, the Greek stock market fell 3.1 percent this week. This mostly reflected a drop of 3.3 percent on Friday. The last session was accompanied by a jump in turnover attributed to the country’s reclassification by FTSE, which was effective at the close on Friday
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Greek relief at EU-Turkey refugee deal but heavy lifting lies ahead
PoliticsForeign Policy, Friday’s pact gives Athens some hope that the number of arrivals will drop as the message will go out
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Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues
EconomyMacroeconomywas mostly evident in February when the relevant figure declined by 8.7 percent after a modest drop
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Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
EconomyMacroeconomy) and France (-7.4 percent). Arrivals from Russia posted the biggest drop by 17.4 percent accounting
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Declining flow of refugees gives struggling government some hope
PoliticsForeign PolicyThere have been some encouraging signs over the last few days that the European Union’s agreement with Turkey may be leading to a drop in the number of refugees crossing to Greece, thereby easing the pressure on the government. According to reports, just 17 refugees and migrants stepped off
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Economic sentiment rebounds in March, consumer confidence nosedives
EconomyMacroeconomyGreece’s economic sentiment improved by 1.1 points to 90.1 in March after a drop of 2.6 points in February, European Commission (EC) data showed on Wednesday. The March headline figure is the second reading above the 90-point mark since July 2015. Economic sentiment had fallen to a historic low
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomybeing withdrawn. 2) Adjustment to the single property tax (ENFIA) rates to counterbalance the drop
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