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Newsletter 99 - 09/12/2016
that the primary cash surplus widened by 1.37 to 6.08 billion in the first ten months of the year... risen by 60,600. 2 Shaping the post-MoU narrative Greece's post-2018 obligations are already becoming... has thus started in earnest. The Eurogroup meeting identified a roadmap that is shaping
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Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates
Societyand least prevalent. On average in the EU, just over seven in ten (71 percent) of companies say corruption... results show that more than nine out of ten companies in Greece (91 percent), as well as 89 percent... of ten companies in each of these countries also say corruption is widespread in public procurement
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomyand then increase by 3.9 percent per annum in the succeeding ten years. At the end of this period, the figure... euros, which implies a growth of 4.4 percent per annum in the next ten years. The breakdown of 2015... percent in 2016 and 4.4 percent per annum in the next ten year, while the latter is seen down 5.9 percent
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Vast majority of Athens homeless ended up on streets during crisis
SocietyOver seven in ten of the homeless in central Athens have ended up on the streets since the onset... a fifth lived with their families. One in ten are former prisoners. Of the non-Greek nationals..., while just under three in ten (29 percent) of those surveyed said they would not like to move
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Greeks full of contradictions on ideology and political beliefs, study suggests
Societyin ten believing that the country needs “less public sector”, Greeks are generally more liberal than... country provides the best model for Greece to emulate, only one in ten picked Russia while six in ten selected Sweden. Despite its problems, nine in ten still have confidence in democracy, even though
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Primary cash balance at deficit of 9.04 bln in October
EconomyMacroeconomyin the first ten months of the year according to figures released by the Bank of Greece (BoG). The cash.... The aggregate figure for the first ten months of the year showed that revenues fell by 5.89 billion..., interest payments rose by 411 million euros to 5.87 billion. Overall expenditure in the first ten
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Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
Agoraarrangement also includes a ten-year interest rate moratorium and the first repayment obligations only...Politics today is the art of shaping a narrative, with the overriding preference being for one that is in harmony with markets and investors. This narrative is currently being formulated in real time
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Greece's harsh social reality
Agorain just five years. From 23 percent in 2009, almost four in ten Greeks are now facing material deprivation... suggest that financial considerations have played an important part in shaping them. The last few
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Array of centre-left leadership candidates edge towards watershed vote
PoliticsGreek Politicsone in ten of those questioned stating that they will definitely vote in the leadership election... to be the key factor shaping the new political entity, procedures matter to a greater extent than they would
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingin Greece fell for ten straight quarters and edged down by 400 million euros QoQ to 21.3 billion, driven... of its NPE reduction plan with the launch of two NPE transactions. “These tailwinds are shaping our
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