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Eurogroup agrees return of mission to Athens but key issues unresolved
PoliticsGreek Politicsdays ahead for Tsipras and his government as they will both come under immense pressure until... will not be discussed until a staff-level agreement is reached, the coalition will suffer a lot of criticism (including.... The argument about the package being fiscally neutral is unlikely to get much traction until the nature
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Newsletter 119 - 19/05/2017
) included a table presenting the impact until 2021 of the interventions in the social security funds... reform climbs to 6.58 billion until 2021, when several new measures are taken into consideration... of the Greek authorities, the MoF noted. Until the last phase of the removal of capital controls
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Tsipras gives mixed message on expectations for crucial upcoming Eurogroup
PoliticsGreek Politicselement but which postpones debt relief discussions until after the German elections. Bank of Greece... suggests that if Greece maintains primary surpluses of 3.5 percent until 2032 and above 3 percent until... if the Eurogroup provides a legally-binding commitment to making the country’s debt sustainable in the future
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Macroeconomic fundamentals for Greece
Agorafor a while until around the end of 2024. The reduction of inactivity means an increase in the (active... (low), wage demands will tend to ease (increase), which encourages more (less) hiring until... of the 2020s (Table 1). Until around 2025, the cyclical recovery is overriding the demographic anchor
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Referendum call finds Greek banks teetering on the edge
Economysector outflows of 35.3 billion from December until the end of May. When public sector withdrawals... billion euros to around 88 billion until June 22 meaning that deposit outflows mainly from.... Until last week, there was a broad sense that outflows were to a large extent manageable
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How Greek banks were left on the brink
Agorathat 4.4 billion euro of money withdrawn from December until March was sent abroad. Of this, 80... (20 percent of household and corporate outflows until March) were placed, mainly from households... placed in the interbank market until December, for accessing liquidity from the ECB. Thus, their total
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Government acts to prevent energy price shock in move critics say comes too late
PoliticsGreek Politicsby as much as 400 percent. Until recently, the energy minister reassured consumers that prices in 2024... that the government’s hesitation to tackle energy price hikes up until this point is part of a pattern of behaviour... evidence of price manipulation, however its conclusions are not expected until the autumn. Healthcare
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingreduction target until Q1 by around 300 million and missed the respective NPL target by 600 million... 2017 until December 2019. This is expected to be driven by write-offs (5.9 billion), restructurings... thereafter until late August to 13.7 billion. The latter almost fully reflects a decline
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Stock taking: Where is the Greek economy now?
Agoragovernment budget during its term in office until 2019. When the conservative ND government took over...? The tragedy of Covid has interrupted the recovery of the domestic economy. Covid is not over until... by the promises of new reforms until we see productivity improving on trend. Any short-term result
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomybillion euros, from 16.57 billion until April 2013, as developments in Cyprus, potential bail-in of bank... sentiment. Furthermore, a large part of total deposit outflows of 89 billion until June 2012 should..., is seen trimming deposit balances in the next months until recession bottoms out and the long-awaited
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