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Turnover in services sector improves slightly in Q1 2017
EconomyMacroeconomyservice activities, the largest improvement came from legal and accounting activities (+9.6 percent... a rebound for the fourth successive month by 2.6 points, standing at 11.5 and bringing year-to-date gains
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Banks focus on defining challenge of reducing NPEs
EconomyBankingas crucial in resolving legal uncertainties which are currently associated with the sales... billion across the year bringing the ratio for the group at 51.7 percent. Eurobank’s stock of NPEs
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Newsletter 175 -21/09/2018
. As the BoG report outlined, the percentage of those applying for legal protection against their NPEs... performance when it comes to bringing down the number of bad loans compared to other sectors. Year-on-year
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Newsletter 188 -21/12/2018
to the government, underlined by the fact that she headed Prime Minister Alexis Tsipras’s legal... from the vote and bringing down the threshold so that Tsipras will need just the majority of those
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Brussels highlights lagging reforms ahead of decision on debt relief measures
EconomyProgrammein legal frameworks relevant to NPL resolution should be addressed and how the newly proposed scheme... no new arrears have been accumulated in net terms, progress with bringing arrears closer to zero has
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Fiscal issues top agenda as fourth post-MoU review gets underway
EconomyProgrammeAthens airport has been issued. However, several other obstacles, such as the legal appeals against... will be looking for progress on a number of prior actions, which include bringing down the stock
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Newsletter 237 -31/01/2020
that burdened by crisis legacies and restrained by legal complexities, the Greek banking sector...’ and revised its outlook to positive, bringing the country just two notches away from investment grade
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Newsletter 256 -03/07/2020
the legal framework for organised protests. The opposition’s reaction to the bill has been..., bringing the total to 2.08 billion euros. Total debtors now stand at 3.95 million, down by 38,639
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Newsletter 296 - 14/05/2021
households. Ongoing legal challenges regarding previous reforms remain a risk. 2 CPI falls by 0.3 pct YoY... for the first three months of the year showed that the trade deficit fell by 9.8 percent, bringing the total
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Rising yields, market turbulence limit government's fiscal options
Economyin the post-PEPP regular QE, a tall order given the ECB’s legal constraints. It started to become clear... as a necessary condition for bringing public debt downward and for the country to move up
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