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Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln
EconomyMacroeconomyGreek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG). The January rate... balances rose by more than 2 billion month on month (MoM) to 214.14 billion in January from 212.04 billion
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Greek retail trade turnover index declined by 3.7 pct in December
EconomyMacroeconomydisposable income by more than 27 percent on heightened unemployment, reduced wages and pensions... months of 2015. In absolute terms, this corresponds to 4.4 billion, euros 1 billion less than
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Tsipras identifies first bills, domestic approval assured
PoliticsGreek Politicsafter tax evaders rather than have to refer their findings to tax offices, where there is often... (as set by the tax office rather than the property market) of 300,000 euros. Tsipras did not give
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Greek digital economy lagging due to weak demand, lack of skills
Societyamong Greeks is higher than overall in the EU.” On the other hand, trust the internet is also lacking... internet users that use online banking (21%) or shop online (40%) are much lower than the EU average (57
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Office prices and rents saw substantial fall in H1 2014
Economy-based rather than transaction-based and therefore they are expected to show a relative lag... an underperformance in 2011 and 2013 when the rate of decline in Athens’ rents was more than 2 percentage
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Spain is not Greece: Part two
Agorafound. More than half of the Spanish youngsters are unemployed, just behind Greece’s rate. And, more... colleague, Yanis Varoufakis, and displayed in the negotiations a more hawkish stance than Germany’s Wolfgang
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The education of Alexis Tsipras
Agorarather than Finance Minister Yanis Varoufakis who was in the Belgian capital. There is a sense... displayed greater political deftness than most would give him credit for. But, as with all journeys
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammerespectively, making up more than one-fourth of the cumulative tax arrears. According to the proposed law... will receive a full discount of the surcharges. If the debtor pays a part of it, than he will receive
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The ECB's strict rules apply if you dare not comply
Agoranot exceed 1.4 billion euros annually, a significant relief of more than 10 billion euros over... discount factor detailed in a spreadsheet used by Whelan). This is a reduction in NPV of more than 34
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Car sales in Greece up 26.8 pct in February
EconomyMacroeconomywith more than three-fourths stemming from passengers cars, which reached almost 6,500. The aggregate... figure of 102,359 is 70 percent lower than the 2008 number of 347,354 and mainly reflects a sharp
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