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Greece concludes regional airports deal, more privatisations lie ahead
Economyon December 21 and early April 2016 respectively. The sale of DESFA (natural gas grid operator... budget, the Finance Ministry indicated privatisation revenues of 2 billion euros for 2016, lower... summer, the IMF estimated Greece could collect privatisation proceeds of 2 billion.
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammesometime in the next few months. 2) Tax rate of 30 percent on OPAP Video Lottery Terminals (VLTs... the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion euros... on April 21. Pension reform The government spokeswoman Olga Gerovasili said at a press briefing
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBanking. In specific, net interest income (NII) rebounded QoQ for the second straight quarter by 2 percent... in Q4. The bank has guided for a cost of risk below 2 percent for the whole of 2016. On the asset.... From the ELA eligible collateral pool of 21 billion (cash value), the bulk (15.4 billion) relates
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Newsletter 77 - 10/06/2016
billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... in Q1, which indicates the lowest reading since Q1 2013. The trade deficit surged 21 percent in April... unemployment reading is the lowest since April 2012. 2 The mangling of truth Inaccuracies have become a daily
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Newsletter 81 - 08/07/2016
by another 2.5 billion to 58.6 billion euros until July 21. Since mid-August, the ELA limit has been trimmed... deposit rate eases Greek households’ new time deposit rate fell by 2 basis points to 0.85 percent in May.... The headline figure is the lowest since Greece entered the eurozone in 2002. 2 Privatisations can be win-win
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Newsletter 92 - 14/10/2016
production by 4.6 percent, which accounts for around 21 percent of the total index that more than... in August, industrial production in the first eight months of the year increased by 2 percent compared... is attributed to a 1.7 percent-fall in the goods index. 2 Making the extraordinary ordinary What
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomy) edged up 3 bps to 14.51 percent. The housing loan rate increased by 21 bps to 2.83 percent, while that for loans to sole proprietors eased by 2 bps to 7.34 percent. Overall, the weighted average rate on new loans marginally rose by 2 bps to 4.85 percent, after decreasing by 18 bps in November
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Newsletter 118 - 12/05/2017
rise of 21 bps to 5.38 percent was recorded for loan amounts of less than 250,000 euros.... 2 Unemployment edges down in February Jobless figure at five-year low The youth unemployment rate... IPI fell month-on-month at an accelerating pace of 2 percent in March, after edging down by 0.4
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Newsletter 126 - 07/07/2017
on the positive mood. Standard and Poor’s is due to publish its next credit rating for Greece on July 21... 2017, following a request by the BoG. The fall of 2 billion euros reflects positive developments in the liquidity of Greek banks. 2 Unemployment falls to 21.7 pct in April The jobless rate has fallen
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Newsletter 153 -2/03/2018
in time for the June 21 Eurogroup in Luxembourg, by which time the lenders are due to have settled..., this difference stood at 16.3 points. 2 Economic sentiment at 104.3 pts in Feb Headline figure reaches... and fell by 2 points to -53 in February compared to -51 in January. Year-on-year, consumer confidence has
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