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  1. Newsletter 35 - 17/07/2015

    Newsletters

    into NPLs. This does not augur well in terms of client repayment capacity in the coming months

    14%
  2. For Greek banks, it's business as unusual
    Photo by MacroPolis

    Agora

    to turn into NPLs. This does not augur well in terms of client repayment capacity in the coming

    13%
  3. Centre-left parties jockey for leading role in post-election landscape
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    not augur well for Androulakis and his vision, however PASOK sources argue that the large portion

    13%
  4. Worst ever negative employment balance recorded in March as virus measures hit
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    The employment balance turned sharply negative in March with 41,903 more firings than hirings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 85,276 more people fired than hired. Ergani...

    11%
  5. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    The IMF released on Tuesday its latest economic estimates in the context of the World Economic Outlook, which has incorporated the impact of what it calls The Great Lockdown that sees global GDP dropping by 3 pct in 2020, subject to various uncertaintie...

    11%
  6. April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) decreased by 9.9 percent year-on-year (YoY) in April following a slightly downward revised increase of 0.4 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The headline figure ...

    11%
  7. Govt gears up for arrival of Covid-19 vaccine amid virus flare-up in some areas
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis announced on Friday that Greece’s Covid-19 vaccination programme will begin on December 27, when the staff at five public hospitals will receive the jab. After doctors and nurses, the authorities aim to inoculate care ...

    11%
  8. Greece watches closely as Turkey prepares for referendum
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    Greece (casus belli) if it extends its territorial waters in the Aegean from 6 to 12 nautical miles... the integration of most Eastern Aegean islands to Greece. The "grey zones" are linked to the "casus belli

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  9. Ionian expansion raises questions about Aegean as Athens talks with Tirana
    Photo by MacroPolis

    PoliticsForeign Policy

    by Greece in the Aegean Sea is a “casus belli” or cause for war. New Democracy had until now rejected...) that the Greek side tends to avoid mentioning. Besides Turkey which considers any extension “casus belli

    11%
  10. Greece extends territorial waters in Ionian, hopes for deal with Albania
    Photo by MacroPolis

    PoliticsForeign Policy

    talks, preserving at the same time the “casus belli” principle in case Greece proceeds without... (casus belli) (authorising it to use military means against Greece), should Greece decide to extend

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