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Political tremors shake Spain, overshadow economic progress
Agorato be paid anyway,” Garicano added. “Even if there is a problem with Catalonia and the debt markets
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 35 - 17/07/2015
into NPLs. This does not augur well in terms of client repayment capacity in the coming months
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For Greek banks, it's business as unusual
Agorato turn into NPLs. This does not augur well in terms of client repayment capacity in the coming
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Centre-left parties jockey for leading role in post-election landscape
PoliticsGreek Politicsnot augur well for Androulakis and his vision, however PASOK sources argue that the large portion
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Moment of reckoning for SYRIZA as firebrand MP threatened with deselection
PoliticsGreek Politics, Cretan parliamentarian Pavlos Polakis, spelled more turmoil for Greece’s main opposition party... statement stripping the Cretan MP of his frontline positions in the party and announcing that Tsipras... policies. The tension between the Cretan lawmaker and the party hierarchy has been simmering for some
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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