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After Q3 results, what next for Greek banks?
Agora. All banks agree with the official sector estimate for a mild GDP rebound (0.6 percent) in 2014. Under... that seems to be the least important of the four, banks regard them as a costly yet perpetual..., corporate and stock market developments. Although not out of the woods yet, they seem ready
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Cyprus in 2014: Looking ahead
Agora, the international attention has moved away from the island. Yet despite the lack of interest internationally... of the troika estimate in March. The October business survey also showed a slight increase in sentiment that seems to back up the optimistic view. Yet, economists remain very pessimistic: the latest
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Fitch upgrades Greek credit rating to B with stable outlook
EconomyMacroeconomy-‘ with a stable outlook, yet still remaining in the non-investment grade. This is the first Greek... to 1.4 percent in 2014. On sovereign liquidity, Fitch notes that the near-term risk has fallen, yet... that the economy is bottoming out and its baseline estimate includes the assumption that the recovery
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Political confrontation as Novartis case transferred to Parliament
PoliticsGreek Politics.” Kathimerini reported that Frouzis has not yet been questioned as part of the investigation, underlining the fact that prosecutors have yet to explore all aspects of the case and that more time may.... According to reports, they estimate that Novartis’s actions cost taxpayers 3 billion euros
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politicslocal media outlets without yet revealing exactly how the money was allocated, creating... billion euros. However, given that banks estimate the investment gap in the economy at 10 billion... announcement was justified by the fact the government has not yet revealed how much cash each media
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Where is Odysseus? Part 6 - Potential real GDP
Agora(not yet reached in 2022 as we speak), as compared to 1.5 percent a year in the 2018 Plan. If we put... potential growth estimate and that in 2018 may seem small to many readers, but this difference keeps... on the population than trying to manage yet another debt crisis if our assumptions once again have
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OECD sees economy picking up from second half of 2016, underlines need for reforms
EconomyMacroeconomyfor this year to 0.2 percent (from 0.1 percent previously) but retained its 2017 growth estimate unchanged... in China or the euro area that would harm Greek exports.... in 2016, but inflation is estimated to remain negative or close to zero due to the large economic slack
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Greek banks on cusp of improved liquidity conditions
Agorastressed that “during reviews in the context of financial assistance programmes for a euro area Member.... This makes it tricky to make any accurate estimate regarding the amount as well as the timing of deposits... is estimated to have a positive impact on banks NII of 200-250 million euros on an annual basis under
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Greece on track for bumper tourism year, figures show
EconomyFeaturesshowed that arrivals to the country came to 27.2 million visitors, surpassing the estimate of 26... million. EU28 visitors rose by 12 percent to 1.1 million. Within this, euro-area visitors were up by 15.8... to reports from several industry bodies as well as the Bank of Greece. An estimated 30 million visitors
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Water shortages a growing concern as government warns bills could increase
PoliticsGreek Politics, which includes the capital Athens, highlighted as an area of critical risk. Earlier this year... in the west of Greece, a complex project which is estimated to require at least two years of construction. The ministry, however, acknowledges this is a wildly optimistic estimate given the lead time required
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