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Newsletter 19 - 13/03/2015
the previous government was involved in. In return, though, Athens had to back down from its refusal
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politics. Although Tsipras and Varoufakis have played down any danger from liquidity challenges, it is clear
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomyGreece’s central government primary cash balance showed a surplus of 503 million in the first two months of 2015 down by 70 percent on last year’s figure of 1.68 billion, according to the Bank of Greece (BoG). The central government net balance posted a deficit of 684 million in the 2-month period
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingcontinued for another quarter with gross loans down 0.8 percent QoQ to 62.3 billion. At the same
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EU summit talks give Greece narrow window of opportunity for reforms
PoliticsGreek Politics, Tsipras is keen to pass the message that his government is not simply following instructions handed down
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Newsletter 20 - 20/03/2015
funding in the weeks to come. The government has played down the liquidity shortage at home, focussing
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingremains the lowest among its domestic peers. NPL formation was down 23 percent QoQ
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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
Economy: 1) A break-down in negotiations between Greece and its creditors leading to alternative solutions
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Greek travel receipts rise by 10.2 pct in 2014, arrivals shoot up by 20.7 pct
EconomyMacroeconomy, up 14.6 percent), Russia (1.16 billion, down 13.6 percent) and France (1.13 billion, up 24.7
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Greece and its lenders: Where do you start?
Agoraproposals were not worthy: After all, nobody could argue with clamping down on tax evasion, tackling
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