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  1. Committee of wise men proposes drastic changes to Greece's pension system

    Economy

    and 14.6 percent in Agricultural Insurance Organisation (OGA). Between 2011 and 2013, the drop

    2%

  2. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    easing 0.5 percent QoQ. As expected, Greek deposits posted a high single-digit drop by 9.1 percent

    2%

  3. Final structure of bank recap taking shape, cautious optimism for outcome
    Photo by MacroPolis

    Economy

    plummeted to just 3.2 billion, following a sharp drop in bank share prices that started in December 2014

    2%

  4. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    in September were accompanied by a drop in banknotes in circulation by 920 million. Over the past ten

    2%

  5. Business indicators rise for second successive month in October
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    confidence posts a drop by 5.7 points, albeit with high monthly fluctuation. In specific, the indicator

    2%

  6. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    by 0.7 percent to 38.1 billion in Q3 after a shaper drop by 15 percent QoQ in Q2. As a result, the L/D

    2%

  7. Greece most socially unjust country in EU, study finds
    Photo by Harry van Versendaal

    Society

    average came in at 5.63 (5.6 in 2014). This meant that Greece suffered a drop of 0.85 on the mark

    2%

  8. Marginal changes in loan and deposit rates in Sept

    EconomyMacroeconomy

    , while the marked drop in the prior two months reflects the elimination of competition

    2%

  9. Newsletter 50 - 06/11/2015

    Newsletters

    will become extremely strained. Trade deficit accelerates The drop in Greece’s trade deficit

    2%

  10. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    National Bank (NBG) released its third-quarter (Q3) financial results on Monday, which showed net losses eased to 401 million euros from 1.61 billion in Q2. Bottom-line results reflect almost halving pre-provision income (PPI), a sharp drop in loan provisions and the negative impact from one-offs

    2%