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Newsletter 120 - 26/05/2017
uncertainty and worsening borrower sentiment, mostly on the back of the delay in concluding the second
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
EconomyThe Greek stock market dropped 0.7 percent for the second straight week in the aftermath of Monday’s inconclusive Eurogroup. Stocks were down by a total of 2.9 percent on Tuesday and Wednesday. They rebounded in the next two sessions trimming a large part of earlier losses. The Athens Stock
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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek Politicswas based around the completion of the second review and disbursal of the next loan tranche
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Slight rise of 0.3 pct in March retail sales after strong growth in February
EconomyMacroeconomymixed trends. Specifically, consumer confidence rebounded by 2.5 points for the second successive
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Deposit interest rates largely unchanged in April, average loan rate increases
EconomyMacroeconomyovernight rate, the weighted average rate on all new deposits remained stable for the second straight
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General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
EconomyMacroeconomytax refund arrears) fell for the second straight month by 117 million in April at a sharper pace
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What can Greece expect at the next Eurogroup?
Agoraof GDP between 2023 and 2060. Furthermore, the conclusion of the second review will lead
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OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
EconomyMacroeconomyin the conclusion of the second programme review has undermined consumer and business confidence
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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomythe second quarter of 2016 until the end of 2019. The bulk of this reduction is planned
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Trade deficit falls 14.3 pct in April as exports grow and imports drop
EconomyMacroeconomyat 2.32 billion euros, the second highest reading in the last six months. Imports declined
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