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  1. Newsletter 104 - 27/01/2017

    Newsletters

    be. Tsakalotos claimed that all the participants acknowledged that the Greek economy performed better than...) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... to 101.8 percent in Q1 2016. In addition, the household debt over assets ratio more than doubled, from

    13%
  2. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent (from 53 percent currently) and the loan to deposit ratio at less than 105 percent (from 116 percent..., Piraeus Bank Group was operationally (rather than legally) separated into two pillars, ‘Piraeus Bank

    12%
  3. Opposition parties continue to pursue wiretap claims, as surveillance bill passes first hurdle

    PoliticsGreek Politics

    the intelligence service EYP to the operation of the Predator spyware via a government contractor... from invoices and bank statements pertaining to the activities of EYP contractor Krikel, which..., transactions totalling 5.3 million euros linked to the government contractor appear to have escaped

    11%
  4. Deposit inflows of 1.07 bln in June, highest in first half of 2016

    EconomyMacroeconomy

    of 761 million euros more than double those of households (368 million). Despite the turnaround... of 1.05 billion from savings accounts coupled with time outflows of 321 million which more than..., more than triple from May figure of 556 million. As a result, the absolute figure reached

    11%
  5. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter..., to 314,917 at the end of December. The breakdown displays 40.4 percent of debtors owe less than... side of the spectrum, 1,159 debtors (just 0.4 percent of total) owe more than 1 million each

    11%
  6. Greeks tending to shop less often and opt for local products

    Society

    percent said that they believed that Greek products were safer and of better quality. More than 90..., down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... survey and 35.5 percent said that they use more than one source for their household shopping (53.3

    11%
  7. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    in the trade and current transfers’ deficits by 184 and 33 million respectively more than offsetting... is excluded, the trade balance showed an improvement since the drop in imports was higher than.... The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first

    11%
  8. PM pledges handouts amid discontent and gripes over coronavirus strategy

    PoliticsGreek Politics

    financial website that the total available for the end of year gift is likely to be less than 100... reached 310. Mitsotakis’s chief of staff, Akis Sketsos, indicated that the government will monitor... than are satisfied with the strategy followed. According to Alco, 52 pct are unhappy

    11%
  9. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    to beat targets by 310 million, yet at a slower pace compared to the previous months. The year... shows that total expenditure dropped 8.4 percent to 15.88 billion, 977 million better than the target

    10%
  10. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    3,644 Russia 429 990 Turkey 308 811 Egypt 109 265 Lebanon 109 310 Iraq 84 320 Ukraine 83 181 Syria... on local communities, while simultaneously putting the funds to more productive use than asset

    10%