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Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP
Economy), which are seen at 16 billion. More than half or the NPLs stem from corporate loans (42 billion euros... billion euros from more than 400,000 debtors and the latter’s at 7.5 billion from 370,000 debtors
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Greece sizes up task of restructuring corporate debt
Economybillion euros is less than half the figure of 42 billion recently disclosed by BoG governor Yannis... level rather than to just intervene at micro level. The workshop concluded that such exceptional cases
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomymore than offsett a rise in the services surplus by 190 million. The widening of the trade deficit... and ships, the trade balance in May did not show any meaningful change, while exports grew faster than
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Greek deposits inch up again in June, reaching 163.21 bln
EconomyMacroeconomy(BoG). Monthly net inflows more than doubled to 1.22 billion euros in June from 558 million in May... - savings’ inflows of 229 million more than offsetting time outflows of 708 million. June’s positive
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After recent series of rises, economic sentiment and consumer confidence dip in July
EconomyMacroeconomyabove the 100-point mark for the second straight month, while it has improved by more than 11 points... by 1.2 points in July, falling to -51.0. This follows an improvement of more than 15 points
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Greek PMI falls again in July, dropping to 48.7 points
EconomyMacroeconomygoods. The rate of drop in July new orders was faster than that observed in June, mainly reflecting... prices were marginally higher than in June. One of the few areas of cost pressure stemmed from
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Don't let the facts get in the way of "Argentinology"
Agoravia a currency board in an attempt to curb hyperinflation which had averaged more than 300 percent... in circulation than the central bank has reserves (dollars in this case) so it can convert them one
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Unemployment at 27.2 pct in May, hardly changed from previous months
EconomyMacroeconomystand around 0.5 percentage points (pp) lower than a year ago. Although youth unemployment fell by 6.5... the past two years, yet it has more than doubled compared to the May 2009 figure of 24.9 percent
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomydecrease in the long-terms bonds by 8.1 billion euros, which is more than offset by a net increase..., the EFSF/ESM/IMF loans stood at 219.71 billion euros corresponding to more than two thirds of total
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State budget primary surplus widens to 2.28 bln at end of July after rise in revenues
EconomyMacroeconomyin the 7-month period to 4.02 billion euros, which is 144 million lower than target. Following a stronger... expenditure surged 39.9 percent to 2.97 billion, 9.1 percent higher than target.
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