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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomythat Greek banks’ dependency on ELA has further increased by more than 2 billion to 76.5 billion.... The sharp increase ELA funding, from zero until December 2014 to more than 76 billion currently
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Primary cash surplus reaches 1.05 bln at end of April
EconomyMacroeconomyperiod is higher by 1.06 billion than the BoG primary cash surplus of 1.05 billion. This largely reflects... million higher than the budget figure of 2.67 billion. On the flipside, the Public Investment Budget
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How Greek banks can balance on the collateral tightrope
Agora(less than 60 days past due) and GGBs. These haircuts are not publicly disclosed. The breakdown of ELA... the system at a higher pace, than the government would be left with hardly any time to conclude
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Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds
Economy. The total debt stock has a weighted average residual maturity of 15.67 years, slightly lower than... of outstanding debt has a residual maturity of more than 5 years, fully attributed to FSN loans, while 13
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Smaller rise of 737 mln for unpaid taxes in April
EconomyMacroeconomymillion euros against the legacy tax arrears in the 4-month period corresponds to more than 42 percent... better than target and is most likely attributed to the outcome of the new settlement process. However
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Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
EconomyMacroeconomyto soaring international tourist arrivals (up 45.6 percent) to 1.73 million, which more than offset... bringing the 4-month rate at 17.5 percent, significantly lower than the 28.8 percent posted
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingpercent. Over the last twelve months, the headcount has been reduced by more than 1,700 to 15,149..., Q1 figure returned to normal levels at 426 million, which however is higher than the respective
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Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
EconomyMacroeconomyGreek private sector deposit outflows accelerated to 4.66 billion euros in April, which is more than double compared to the March figure of 2.19 billion, according to the Bank of Greece (BoG... a drop by more than 19 percent on the end-November balance of 164.3 billion. The depositor sentiment
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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomymonth but the rate of contraction was moderate and slower than that of April. The largest drop... of employment drop was relatively modest and slightly faster than in April. Purchasing activity also
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyunemployment among males and females recorded a similar drop by more than 1 pp YoY to 29.3 percent... at 21.5 percent despite its MoM jump by more than 3 pp. The European Commission (EC) spring economic
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