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Two weeks left for Athens to settle last remaining prior actions
EconomyProgrammeThursday, June 14, is widely seen as the date by which the Greek government needs to have completed any legislative work related to the fourth review so that the lenders can reach an agreement on the remaining issues by the time the Eurogroup takes place a year later. According to reports this week
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Company closures dropped sharply during the pandemic
EconomyFeaturesand retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economytroika sources point to a higher figure close to 14 billion. The BoG and HFSF favour retaining... state, of which circa 41 billion have been utilised so far. The remaining capital buffer amounts to 8-9... (such as Fairfax) and the remaining by the market with domestic and foreign investors already showing
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Newsletter 22 - 03/04/2015
Varoufakis this week and are considering either retaining their T-Bill holdings or proceeding..., ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... remaining in bailout loans. The latest set of fiscal and structural measures proposed by Greece
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This is the government's strategy on banks and NPLs as part of third bailout
Economyas of January 1, 2016, is currently ruled out. The recapitalization framework will aim at retaining... of bank recapitalization plans, the potential remaining capital needs will be addressed by the end... of Greece (BoG) will evaluate the capital needs of the remaining banks (Attica Bank and cooperative
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Manufacturing PMI moved back into contraction territory in March
EconomyMacroeconomy, but at a decelerating pace. The decrease in factory gate prices continued in March retaining... remaining solid and the fastest since October 2013. Partly due to lower global metal prices
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomystood at 44.15 billion euros at the end of March, retaining the lion’s share (78.1 percent) of the total figure. The bulk of it relates to ELA guarantees of almost 41 billion. The remaining guarantees
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingretaining five percent itself. The bank has applied for the inclusion of the senior notes from Project... were successfully held while the remaining were postponed or cancelled. Property auctions
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Banks intensify balance-sheet clean up with securitisations, new bonds
EconomyBankingof the notes to its shareholders, while retaining the remaining 5 percent, according
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Newsletter 153 -2/03/2018
to the institutions in April. The other high-profile cabinet appointment saw former Democratic Left (DIMAR...Fourth review gets underway Government and lenders meet to discuss progress and work remaining... “objective” property values and the scrapping of the VAT discount on the remaining Greek islands
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