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Greece cleared arrears of 3.1 billion in 2016
EconomyMacroeconomyand consumer confidence coupled the good progress made in arrears clearance. The latter led
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomyrose by 6.1 percent to 314 million, slightly better than the target. This led net revenues up 10.7
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Newsletter 107 - 17/02/2017
led Greek banks to increase their loan provisions by 564 million in 2016, the slowest pace since 2008
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Athens and lenders left with gap to bridge ahead of Eurogroup
PoliticsGreek Politicsopposition to demands (led by the International Monetary Fund but seemingly adopted by the European
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Gains of 2.5 pct for stocks this week amid subdued trading volumes
Economythey sharply fell by 3.3 percent. However, their strong rebound by 2.8 percent on Friday led the banking
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Newsletter 108 - 24/02/2017
falls posted in the first half of 2016 led the index down 5.1 percent for the whole year. The strong
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Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomythe target. This led net revenues, up 10.9 percent to 4.05 billion, to beat their target by 331
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBanking. The banknotes’ inflow of 7.7 billion euros and the repatriation of funds and deposits worth 7.9 billion led
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Tormenting Greece with a distorted picture
Agorain the way the Bank of Greece recorded deposits led to several reports claiming that the overall
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyin the average loan rate led the average interest rate spread for Greek banks up for the second
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