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  1. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    . Excluding these extraordinary factors, the recurring PPI improved by 7 percent QoQ to 266 million... by more than 15 percent QoQ to 46.45 billion, with the highest drop recorded by time deposits (-21.4

    14%

  2. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    Greek parliament on November 7, 2012. It imposed progressive cuts in all public and private sector... and for amounts above 2,000 the cut was 15 percent. That law also abolished the pensioners’ Christmas

    14%

  3. Referendum and the ECB to determine the future of Greek banks
    Photo by MacroPolis

    Economy

    that banks would reopen on July 7, at the earliest. However, such a development requires the ECB... (above 15 percent) would create a liquidity gap. At the same time, if state guaranteed collaterals

    14%

  4. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    ), while arrears’ clearing stands at 7 billion in the next 12 months and the same number is assumed... stable and below the 15 percent threshold over the next three decades. However, the drop in the debt

    14%

  5. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    in the 7-month period to 25.99 billion euros, around 15 percent or 4.5 billion below target, yet revenues... of 390 million. PIB revenues and expenditure were subdued in July at just 7 and 44 million respectively

    14%

  6. These are the bailout deliverables expected from Greece in September

    EconomyProgramme

    of arrears, tax refund and pension claims and immediately start implementation. 7) Agree with the EC... experts. 15) Implement a scheme for the temporary and permanent capacity payment system, modify

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  7. Newsletter 42 - 11/09/2015

    Newsletters

    shortfall of 7–8 billion under the baseline scenario and a similar amount under the adverse scenario... injected into the systemic banks, the resolution cost of non-core banks reached a total of 15

    14%

  8. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    to that of the capital increases. This potential recapitalisation process is based on a capital shortfall of 7–8 billion... into the systemic banks, the resolution cost of non-core banks reached a total of 15 billion, with the bulk

    14%

  9. Neither necessary, nor good

    Agora

    between the January and September elections (from 6.3 to 7 percent) and suffered only a marginal decline... tweets on Wednesday, Dimitris Kammenos claimed that his Twitter account was used by 15 associates

    14%

  10. Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates

    Society

    in Lithuania, Greece, Bulgaria (all 8 percent) and Slovakia (7 percent) are the most likely to have been..., 14 percent in Finland and 15 percent in Sweden, say this is a problem for them when doing business

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