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Vast majority of Greeks pessimistic on prospects of recovery despite coalition efforts
Societythe economic situation in their country will improve over the next 12 months. In contrast, 53 percent... percent of Greeks believe their household’s economic situation will improve over the next 12 months... to worsen over the next 12 months. In February 2013 this figure stood at 76.4 percent but had fallen to 49.6
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Sharp rise for Greek consumer confidence in Feb, economic sentiment also up
EconomyMacroeconomyreading over the past 12 months. Similarly, services’ confidence dropped for the third month in a row by 4.6 points to 4.4, also reaching its lowest level over the last 12 months. The retail trade... lowest reading over the past 12 months.
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Newsletter 36 - 24/07/2015
), one of two prior actions that the Euro Summit statement of July 12 stated should be transposed... the date of any snap elections back from the dates which are currently being mentioned: September 6, 12... friction. This weekend of July 11–12 was the epitome of this push-and-pull, with Greece at times
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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomyto the PBO, the agreement reached in the Euro Summit on July 12 is a roadmap towards a new agreement... by the opposition parties. The July 12 agreement is characterized by an apparent intrinsic asymmetry... Directive (BRRD). From an institutional point of view, the July 12 agreement is equivalent
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Newsletter 51 - 12/11/2015
on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion... an initial indication on November 3, Eurobank announced on November 12 that it has received... and, thus, avoid any official capital support. NBG announced on November 12 the results of its LME
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As Greek leaders mull position on refugee crisis, EC sets out timetable of targets
PoliticsForeign Policythe next few months in order to comply with the Schengen area rules: 12 March 2016: Greece should... in the implementation of the Commission's recommendations of 24 February 2016. 12 April 2016: after... within days after the visit. 12 May 2016: at the latest by this date, Greece has to report
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Newsletter 77 - 10/06/2016
percent of those investments will be implemented within 12 years, instead of 15 years foreseen... since June 2010. The aggregate figures for the 4-month period point to an increase of 12 percent... stood at 3.62 and 1.15 million, respectively. Over the last 12 months, 87,300 jobs have been added
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingat the end of 2015, 12 billion will be restructured, while sales, liquidations and write-offs... million on the back of lower pillar II costs, while insurance income almost halved QoQ to 12... employees. Impairment losses dropped by 12 percent QoQ to 182 million with the cost of risk (over net
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Newsletter 126 - 07/07/2017
a year and leading to a fall in the rate of unfinished work. Looking forward for the next 12 months... by 1.9 percentage points over the last 12 months The number of unemployed fell by 12,900 compared... November 2011. Over the last 12 months, the jobless rate has been reduced by 1.9 percentage points
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesthe performance of almost 140 countries against 12 pillars of competitiveness. It assesses the factors... that the country lags behind in nearly each of the 12 pillars of competitiveness. A predictable mix... of the 12 pillars, a further breakdown of the results showed the areas in which Greece performs well
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