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  1. Newsletter 127 - 14/07/2017

    Newsletters

    of NPE performance. The former is defined as the flow of NPEs turning into performing over total NPEs and the latter as the flow of performing turning into NPEs over total performing exposures. The cure

    3%
  2. Greece announces return to markets with 5-year bond, mostly targeting swap
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for the 5-year bonds issued in April 2014 (ISIN: GR0114028534) of a total amount of 4.03 billion euros... as the total offers reached 3 billion, while the coupon stood at the high end of initial estimates

    3%
  3. Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    higher than the anticipated level of 50 percent. This was driven by a lower than expected volume of total.... Residential NPEs meanwhile were above target by 800 million to total 27.8 billion. Consumer NPEs were

    3%
  4. Sharp rise of 2.01 bln in July for unpaid taxes

    EconomyMacroeconomy

    quarters of this year’s total (5.72 billion) relates to tax categories. The remainder (2.92 billion..., the total stock of overdue obligations, including legacy and new tax debt, increased markedly to 97.36

    3%
  5. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    unemployed (over 1 year) fell to 752,000 for a second straight quarter. Out of the total, long-term... and retail trade (18 percent of total), agricultural (12.1 percent), accommodation and food services (9.9

    3%
  6. Newsletter 131 -15/09/2017

    Newsletters

    . Just over three quarters of this year’s total (5.72 billion) relates to tax categories. The remainder... improved by 1,726. Hirings came to 164,513 versus a total of 178,915 departures, of which 43 percent

    3%
  7. Tsipras hopes to move on after decision on ex-airport project
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    decision that 30 hectares of the vast site (less than 5 percent of the total area) that is due to be built... stumbling block in the way of an investment that is estimated to be worth a total of around 9 billion euros

    3%
  8. Unemployment falls to 21 pct in July, lowest since Nov 2011
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    which brought the total to 3.8 million. A fall of 12,661 people was noted in the figures for those unemployed to bring the total to 1 million. The overall labour force continued to grow and stood

    3%
  9. Athens rushing to reduce arrears and secure 800 mln in bailout funds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in July. Up to September this year, the Finance Ministry had transferred for this purpose a total... (up to the end of July) 736 million of arrears have been paid out from a total 1.25 billion of funds

    3%
  10. Tsipras gets approval for gender bill despite coalition partner's absence
    Photo by Ageliki Koronaiou/Fosphotos

    PoliticsGreek Politics

    not support the bill, which was strongly defended by Prime Minister Alexis Tsipras on Monday. A total... the bill and two others abstained. Only one ANEL MP, from a total of nine, backed the draft

    3%