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Newsletter 23 - 17/04/2015
, the LLR now correspond to 19 percent of gross loans, up from 16 percent a year earlier. The double
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Golden Dawn trial begins against complex political backdrop
PoliticsGreek Politicsinto double digit territory when Michaloliakos and his MPs were placed in pre-trial detention
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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomy). On the flipside, the goods’ deficit narrowed by 78 million. In the 2-month period, exports fell at a double-digit
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Greek banks’ loan quality is deteriorating
Economy. The double digit (17.7 percent) increase in LLRs, compared to a mid single-digit rise in NPLs, also
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomydisplayed a double-digit drop MoM in clothing and footwear (-18.1 percent) and in department stores
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Greek stocks, bond yields show effects of worsening mood regarding country's prospects
Economy. In spite of the double-digit gains of 15.6 percent last week, they have suffered losses of 38.3 percent
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Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomyat a historic low it is almost double compared to the eurozone average rate of 0.91 percent and well
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Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013
EconomyMacroeconomyand 1.8 percent respectively. Following the double-digit recovery in February, the aggregate figures
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Greek DSA: Don't Say Anything about the debt
Agorapresented in the November 2012 agreement. It assumes sizable primary budget surpluses that would double
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingin Greece. NPL formation in Q1 stood at 554 million euros, which is double the Q4 2014 figure and similar
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