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  1. Coalition prepares final legislation for review, opposition expects no upsets for now
    Photo by MacroPolis

    PoliticsGreek Politics

    the fiscal mechanism demanded by creditors to ensure that up to 2 percent of GDP in contingent measures can be implemented if the programme is off track in the coming years. Having already voted through 2

    6%
  2. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
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    EconomyBanking

    . In specific, net interest income (NII) rebounded QoQ for the second straight quarter by 2 percent... in Q4. The bank has guided for a cost of risk below 2 percent for the whole of 2016. On the asset

    6%
  3. Newsletter 74 - 20/05/2016

    Newsletters

    would unlock the pending tranche of 5.6 billion, plus 2 billion for the clearance of arrears. Tsipras... successive quarters since 2009. 2 NPLs: Italian- and Greek-style Both countries face Atlantean task

    6%
  4. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
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    EconomyMacroeconomy

    to the social security funds posted a decline of 2 percent to 3.58 billion in the 4-month period. Both items... of 1.63 billion) 2) Social protection (at 235 million corresponding to 16.2 percent of the annual

    6%
  5. Newsletter 77 - 10/06/2016

    Newsletters

    billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... unemployment reading is the lowest since April 2012. 2 The mangling of truth Inaccuracies have become a daily

    6%
  6. BoG cautions on impact of tax rises, updates on rising NPEs
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    EconomyMacroeconomy

    target of 3.5 percent could be reduced to 2 percent after 2018, which is consistent with debt..., with the non-performing loan (NPL) ratio increasing by almost 2 percentage points in the course

    6%
  7. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
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    EconomyProgramme

    to 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18... decreasing 5 years after the end of the programme leading to an overall average primary surplus of 2

    6%
  8. Newsletter 84 - 29/07/2016

    Newsletters

    in the first six months. On the same day, the BoG said that credit contraction remained stable at 2 percent.... 2 Time to think outside the box Greece needs a robust media watchdog and ethics code

    6%
  9. Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
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    EconomyMacroeconomy

    , largely attributed to lower expenditure (2 billion below target) and higher than expected revenues... expenditure increased by 4.1 percent to 22.31 billion in the 7-month period and remains more than 2

    6%
  10. Drop in arrivals and spending impinge on H1 travel receipts
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    EconomyMacroeconomy

    . This was a product of a 4 percent decline in expenditure per trip and a 2 percent fall in arrivals... percent from the United States to 313 million. The number of inbound visitors in June dropped by 2 percent

    6%