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National Bank posts 9-month profits of 1.18 bln
EconomyBanking, the key drivers of PPI evolution are net interest income (NII) recovery and cost containment. NII... retirement scheme in Q4 2013. Cost containment was the key driver of the recorded improvement
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Newsletter 3 - 14/11/2014
by the December 8 Eurogroup meeting has been set by both the troika and the Greek government as the key... it the largest in the world. The Greek shipping industry is a key factor in the calculation of the country’s
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Primary surplus narrows to 2.4 bln in October as revenues miss target
Economynumbers incorporate SMP income of 1.5 billion euros. The breakdown of key items unveiled that the growth... remains the most significant threat for budget execution this year with ENFIA payments playing a key
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The rise of a "Spanish SYRIZA" transform’s country’s politics
Agora. Online muscle, weaker on paper Its initial low-key presence in the media –limited to the regular... Podemos gathered on social networks was the key to its success. The party became the fifth political
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Waiting for Godot in Greece
Agoraof chemistry? Or are the differences of opinion on key policy matters so deep that they cannot be resolved... their own conclusions. One key indicator is international bond market reactions to this impasse. Much
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyin the corresponding period last year. All key gg entities continued posting a primary cash surplus... The stock of gross debt remained almost flat MoM and YtD at 321.22 billion. The YtD movement of its key
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Newsletter 6 - 5/12/2014
Greece mulls extension Three scenarios emerge regarding duration and form of bailout prolongation Following an exchange of emails without any sign of an imminent agreement with the troika on the key... be taken in January after the approval of the programme extension this month. Another key issue
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyto the performance of the preceding two months, when ENFA revenues totalled 1.2 billion. The key worrying factor... the key contributor to the budget outperformance. Following a negative PIB balance in the preceding
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Conditions for Greek ECCL reportedly outlined in German document
EconomyProgrammethe key terms of the Enhanced Conditions Credit Line (ECCL) that would follow the completion... been fulfilled. The German document outlines the key conditions for the ECCL: 1) Elimination of any
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Newsletter 8 - 19/12/2014
calm for now Situation may change if general election follows December 29 vote One of the key concerns... with the active support of the EU and key players within it. This does nothing to convince an increasingly
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