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How Greek banks were left on the brink
Agora. NBG’s lower NPL also reflects the M&A activity of the other three core banks in 2012-13, which mainly
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Travel receipts rise by 16.3 pct in April on jump in arrivals
EconomyMacroeconomyat the main Greek airports slowed to 6 percent in May bringing the 5-month rate at 10.5 percent, lower
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How big is the gap separating Greece and the institutions?
EconomyProgrammetax rate but at a lower rate from 26 to 28 percent compared to 29 percent proposed by the Greek
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What capital controls will mean for Greek banks, customers and the economy
Economyeuros per card, which is much lower than the 300-euro daily cap set in Cyprus two years ago. Press
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomymaterials and semi-finished goods. The reduction of stock purchases was in line with lower requirements
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Referendum and the ECB to determine the future of Greek banks
Economythey would not lower Greece’s rating to ‘SD’ should the government miss this redemption, it is very high
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeof 1.2 percent this year, but higher growth of 3.7 percent in 2020 and 2022. It also assumes lower
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S&P lowers Greek long-term rating by one notch to CCC-
Economylent to Greece. The rating agency points out that it would not lower its rating on Greece to ‘SD
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At risk of poverty/social exclusion rate in Greece edged up to 36 pct in 2013
Society, which was 3.3 percentage points lower than the 2012 figure. At the other end of the age scale
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomyof 787 million YoY. This is fully attributed to lower revenues (down 11.4 percent) to 13.37 billion
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