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Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomyspread up by 3 bps to 3.82 percent in March.
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammea tax rate of 3 percent on returning deposits but only around 600 million euros was repatriated
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Growing scepticism of SYRIZA strategy but opposition parties fail to profit
PoliticsGreek Politicsof New Democracy on just 15.5. To Potami garners 6 percent and PASOK a measly 3 percent. The university
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Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
EconomyMacroeconomyin the first quarter (Q1) of 2015. Excluding Athens, tourist arrivals at Greek airports fell by 3 percent
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingby 3 and 4 percent respectively. Net interest income (NII) fell 5 percent QoQ, largely stemming from
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Newsletter 28 - 29/05/2015
tax rates of between 3 and 8 percent applied, yielded poor results. The first resulted
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Greek credit contracts by 2.4 pct in April for slowest drop since 2011
EconomyMacroeconomy-profit institutions slightly accelerated to 3.1 percent in April from 3 percent in March with balances
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyat 21.5 percent despite its MoM jump by more than 3 pp. The European Commission (EC) spring economic
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Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomyrate rose by 18 bps to 7.19 percent. Overall, the average loan rate in all loan sectors slipped by 3
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Lenders dismiss Greek proposals but SYRIZA also ups pressure on Tsipras
PoliticsGreek Politicsthe creditors want 3 percent. There is also a gap on revenues from VAT, with Greek adjustments
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