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  1. Newsletter 24 - 24/04/2015

    Newsletters

    their cash reserves and time deposits to a Bank of Greece (BoG) account. The decision mainly relates... of the Attica prefecture to transfer 80 of its 350 million in cash reserves to the BoG account... own cash reserves to the BoG account. Macropolis understands that the legislative decree

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  2. Three months on from imposition of capital controls, some restrictions being relaxed

    Economy

    account in Greece from abroad can also be cash withdrawn. • Money transfers abroad are limited... be transferred to a bank account abroad for housing and living expenses for students studying abroad... or lessor's account. • Citizens travelling abroad may hold a maximum amount in cash of 2,000 euros per

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  3. Newsletter 386 - 23/06/2023

    . EconomyHigh current account deficit a cause for concern, not alarmGreece’s balance of payments became... had a current account deficit of 22.65 billion euros in 2010, the year that the crisis broke out... to different attributes. The current account deficit jumped by 64 pct year-on-year (YoY) to 20.09 billion

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  4. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    dwellings with mortgages showed a rise of 12.5 percent in 2008-2012. Taking into account that housing... the same period, Greece was ranked first in terms of exit of migrants with 46 immigrants exiting... that showed a higher number of immigrants exiting rather than entering the country. The key reason

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  5. Newsletter 3 - 14/11/2014

    Newsletters

    annual GDP, and it is expected that in 2014 it will account for approximately five percent... now accounts for about a fifth of the country’s annual gross domestic product. The other sector... early elections. Exiting the bailout means completing the review and adopting some unpopular measures

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  6. After the tweetstorm - Tracing the course of #IStandWithGreece

    Agora

    a single re-tweet, from a Greek account. Two more U.S.-based accounts used the hashtag... are written in English. Greek-language tweets account for up to a third of traffic on any given day... of intent?”. The link to historical Philhellenism is picked up by another German account

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  7. Capital controls to be loosened further, restrictions on foreign cash removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the opening of a bank account by natural entities who do not currently have a bank account, sight or savings. It also allows for the addition of co-beneficiaries to an account by creating a new customer ID. The condition for the opening of such an account is the absence of any existing account with any

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  8. Bank of Greece sees 0.5pct growth in 2014 but warns of political risks

    EconomyMacroeconomy

    Greece is expected to post a general government primary surplus as well as a current account surplus of 1% of GDP for the first time in 2013, according to the Bank of Greece’s (BoG) interim report... consensus is need to shape a national policy for exiting the crisis. The political risk will heighten

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  9. Troika piles pressure on coalition by insisting on key actions to conclude review
    Photo by MacroPolis

    PoliticsGreek Politics

    is in place by the end of the year. Taking into account the relative inaction at a government and public... legislation. Nevertheless, on exiting a meeting with Prime Minister Antonis Samaras on Monday night

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  10. The bad hand being dealt to Greece's next government

    Agora

    worrying factors that need to be taken into account. Pending instalment The failure to conclude... reserves to banks’ liquidity, the government also fell way short of completing its plan for exiting

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