Search
-
Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomyon the average rate on new deposits, which edged up by 1 bps to 1.13 percent in March... 1 million euros also increased by 11 bps to 4.97 percent. In contrast, the respective rate for amounts between 250,000 and 1 million euros dropped by 15 bps to 5.04 percent. Greek corporate lending
16% -
New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomya primary surplus target of 1.5 percent in 2015 ranges between 1.8 billion euros (1 percent of GDP... that the government is currently considering to cover the estimated fiscal gap involve: 1) A unified VAT rate between... ranging between 1 to 5 euros per day for hotels with three stars or more or a tax rate between 3 to 5
16% -
Greek DSA: Don't Say Anything about the debt
Agora. There is a forecast for high privatization proceeds that exceed 1 percent of GDP each year until 2020, peaking at 1.7... of the privatization proceeds assumptions that will not exceed 1 percent of GDP for debt purposes would... on the issue they have repeatedly tried to dodge since Day 1 of the Greek crisis. However, solid
16% -
Greece deal hangs in balance as IMF sees major differences
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
PoliticsGreek Politics) agreed to the institutions' target of a 1 percent of GDP primary surplus for this year. Tsipras did..., according to the IMF spokesman. Lenders want Athens to cut spending on pensions by 1 percent of GDP... raising an extra 1.8 billion euros, or 1 percent of GDP. Rice also said that the IMF technical team
16% -
Newsletter 30 - 12/06/2015
stemmed from time deposits, while sight and savings recorded outflows of 2.9 and 1 billion... on some issues, such as lower fiscal targets for the next few years (1 percent of GDP for 2015, 2... and 1.8 billion euros (1 percent of GDP) next year. We must be clear that this is a package
16% -
How Greek banks were left on the brink
Agoraloss reserves - LLRs) against credit risk rose by more than 1 billion euros in the course of Q1...-for-sale portfolios. As a result, banks’ Basel III Common Equity Tier 1 (CET1) ratios, which ranged... at the end of last year. Following the 1 billion euros in additional provisions recorded in Q1, the CET1
16% -
Newsletter 32 - 26/06/2015
revenues of 1 percent of GDP (1.8 billion euros) on an annual basis, while Greece sees them at 0.93... 1 July along with the other VAT The lenders’ proposals will burden Greek shipping and tourism... parties agree on permanent savings of 0.25–0.5 percent of GDP in 2015 and 1 percent on a full year basis
16% -
Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomymonth by 1 basis point (bp) to 1.81 percent in May from 1.82 percent in April, according... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts over 1 million to 4.68 percent, which is the lowest reading since October 2010. 2) A rise by 47 bps
16% -
Greek banks in intensive care: What lies ahead?
Agorabank failure cannot be avoided. The resolution tools mainly consist of powers to: 1) Effect private... banks. At the end of Q1 2015, Greek banks’ Basel III Common Equity Tier 1 (CET1) ratio stood at 12.7... a key role in the future architecture of the domestic banking landscape including: 1) Market concerns
16% -
EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economytargets. In specific, a primary deficit of zero to 1 percent is now projected for 2015, a primary balance of 1 to 0.5 percent in 2016 and a primary surplus of 2.25 to 2 percent in 2016. However... the next three years, the EC projects they would reach 81.7 billion and stem from: 1) Bank
16%