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  1. Unemployment rate edges up to 26.1 pct in Q4 2014

    EconomyMacroeconomy

    than 2 pp YoY to 29.6 percent. However, it is still more than 6 pp above that of men at 23.3 percent... a decline by 2 pp YoY to 24.7 percent. In contrast, the 45-64 age group displayed a marginal drop

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  2. Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain

    EconomyProgramme

    -claim) should not be included in primary surplus under EAP 2) EAP includes only a part... is not specified. 2) Greece has not received the SMP profits of 1.84 billion, which were also

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  3. Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it

    EconomyMacroeconomy

    . In particular, for upfront payment the amount of penalties and surcharges is eliminated, for 2 to 5.... The report also notes that the Ministry aims to collect 2 billion over the next eight years

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  4. Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
    Photo by MacroPolis

    EconomyBanking

    of 2 billion. The February breakdown showed ELA funding at 17.6 billion and ECB funding at 4.8...-Bills of just over 2 billion euros and Greek government bonds (GGBs) of 1.5 billion. The Basel III

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  5. Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
    Photo by MacroPolis

    EconomyBanking

    increased by 11 percent QoQ in Q4, while loan NII fell 2 percent. The double-digit rise in operating... of seasonal agricultural loans in December (that were fully repaid in February), gross loans slipped 2

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  6. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    income (PPI) fell 12 percent quarter on quarter (QoQ) to 363 million in Q4 reflecting a 2 percent drop..., loan to deposit ratio deteriorated by 2 pps QoQ in Q4 to 95 percent for the group and to 83 percent

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  7. Greece prepares reforms list, eyes solution to liquidity shortage

    EconomyProgramme

    ” will allow for such a disbursement. 2) The last eurozone tranche of 1.8 billion euros, which is also linked... to yield 2 billion euros in revenues are split in three categories. The first involves fiscal consolidation

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  8. Newsletter 21 - 27/03/2015

    Newsletters

    SYRIZA had initially predicted the new tax would return 2 billion less in revenue and has refrained... in January year-on-year. 2 Anomie flows from the top Many citizens are confounded by the behaviour

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  9. Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery

    Economy

    including bonds held by the private sector. 2) Arrears to the IMF would not in and of themselves..., if not the title, of a third programme of policy-conditional financial support. 2) An acceleration of Greece's

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  10. Newsletter 22 - 03/04/2015

    Newsletters

    figures mark a third straight month of decline. 2 Overcoming the conceptual gap Time, goodwill.... The government expects these measures alone to produce at least some 2 billion euros of the 4.6 to 6.1 billion

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