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Newsletter 254 -19/06/2020
. The current quarter’s movement was driven largely by a fall in the number of unemployed by around 9,400.... This was combined with a QoQ fall of around 49,200 in those employed, bringing the total to 3.85... Bank to support industrial growth, while seeking to secure further funding from the EU Recovery Fund
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General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
EconomyMacroeconomywas noted in social security funds (SSFs) with a fall of 434 million euros from a year earlier..., the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million..., while FSM loans fell by 303 million euros. Bank of Greece funding was unchanged at 1.44 billion
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General govt primary cash deficit at 1.99 bln in February; arrears jump
EconomyMacroeconomyyear-on-year (YoY) decline was noted in social security funds (SSFs) with a fall of 773 million... euros YoY. Overall, the state budget primary balance showed a fall of 2.45 billion euros, landing... unchanged from the previous month at 11.8 billion euros, while FSM loans and Bank of Greece funding were
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SYRIZA poll nosedive spells more trouble for Kasselakis
PoliticsGreek Politicsnot reflect a fall in the fortunes of SYRIZA, which has always tended to underperform its national... in the fact that PASOK remains in third place and does not appear to have been benefitted from the fall... of Spartiates as a parliamentary party, which would result in the loss of state funding, while their twelve
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Athens ponders Syria shake-up with particular focus on Turkey
PoliticsForeign Policynot necessarily believe that Ankara is the biggest winner in the aftermath of Assad’s fall. However... applications from Syrians in the wake of Assad’s fall. At the same time, Turkey is undoubtedly gaining... in Europe and prevents European citizens and companies from doing business with the group or funding
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Greek banks push for return to normality
EconomyBankingby approximately 20.66 billion. The decline in July was driven by a fall in ELA funding which went down by 2.48... was based on the expectation of an improvement in the funding and asset risk of the banks over the next... of Emergency Liquidity Assistance (ELA). As of July, BoG noted that Greek banks’ Eurosystem funding declined
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingfall in as many quarters. In the small business loans sector, NPE formation stood at -23 million, also... of denounced NPEs in the remaining portfolio to roughly 30 percent. Binding offers have been received...-binding offers have been received for the Cairo portfolio, management noted. P&L NII fell by 2.9
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What is SYRIZA planning to do with Greek banks?
Economyrecapitalised if their capital ratios fall below the required threshold after those write-offs... related to increases or decreases of share capital, mergers, split-ups or winding up of banks
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Newsletter 55 - 12/12/2015
September 2012. Rate of deflation slows The fall in the Greek Consumer Price Index (CPI) slowed... in the near future with Piraeus Port (OLP), with the deadline for the submission of binding bids set... interest in the first half of the year, this changed The deadline for submission of binding bids for a 67
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Newsletter 166 -15/06/2018
. Building permits fall by 2.3 pct in March Absolute permits rise above 1,000 after dipping below... percent, rebounding from a fall of 14.5 percent in February. On a regional basis, falls in permits... to the permits rose by 11.8 percent while volume rose by 4.2 percent. Apartment prices fall by 0.1 pct
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