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Greek banks’ loan quality is deteriorating
Economyeuro2day.gr reported that an additional 1 billion euros in NPLs was created in March. If confirmed, this 3.... Assuming a stable coverage ratio, the jump in NPLs by circa 3 billion in Q1 2015 means that Greek banks
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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgramme. 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... and savings required by institutions. According to Kathimerini, Greece’s lenders see a fiscal gap of around 3
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Athens Stock Exchange erases losses made since elections as mood improves
EconomyGreek shares rose for the second successive session on Thursday, when they climbed by 3 percent following a rise by 2.86 percent on Wednesday. Thursday’s performance was also accompanied by a jump... by 1.4 percent. Turnover exceeded the 100-million-euro mark for the first time since May 3 and landed
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Greece seen having older and much smaller population by 2060
Society, the expected increase exceeds 3 years. That would mean that Greece would move to having the fourth... (from 4.1 to 3 percent) and social unemployment benefits (1.2 to 0.3 percent) sectors.
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Athens Stock Exchange ends week on a low, banks lose 9.7 pct
Economyof 3 million in Q1 from losses of 4 million last year on the back of a strong rise in revenues... to 80.7 billion, while the ELA liquidity buffer remained unchanged at 3 billion.
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomythat the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below... of last September. Compared to last year, the end-2014 ratio rose by almost 3 percentage points (pp).
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeprivatization revenues at 0.5 percent this year, 3 billion by 2020 and 4 billion by 2022. Under... be credited to a new subaccount to be used for payments for projects financed by EU structural funds. 3
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Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
PoliticsGreek Politicsfor low-income pensioners (EKAS). 3) The Eurogroup would convene before midnight on Tuesday to confirm... will immediately pass the lenders’ proposals through Parliament. 3) Tsipras continues to believe that a “No” vote
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What next for Greece's revenues and spending?
Agorasocial security funds expenditure (at zero versus a full year (FY) target of 446 million) 3) Grants... (at 14.5 percent of the FY target of 591 million) 3) International Organisations and other transfers
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Greek banks in intensive care: What lies ahead?
Agorafunctions or facilitate the continuous access to deposits. 3) Separate clean and toxic assets... capital needs. 3) The recapitalization process with a combination of several options and tools currently
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