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Greek PMI falls again in July, dropping to 48.7 points
EconomyMacroeconomyboth employment levels and quantities of purchases, while cost pressures were subdued. Production... prices were marginally higher than in June. One of the few areas of cost pressure stemmed from... can be revived. It will undoubtedly help if cost pressures remain low as any appreciable rise
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National Bank posts 9-month profits of 1.18 bln
EconomyBanking, the key drivers of PPI evolution are net interest income (NII) recovery and cost containment. NII... retirement scheme in Q4 2013. Cost containment was the key driver of the recorded improvement in the cost to income ratio by 5 percentage points (pp) YoY to 55 percent. The rate of increase in the non
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingcost cutting in Greece (-4.9 percent), while international expenses remained flat in the quarter. Cost to income ratio improved to 54.3 percent for the group and to 55.1 percent for the Greek... less than 90 days). After easing to around 4.3 percent in the preceding two quarter, cost of risk
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Greece moves closer to troika over fiscal gap, waits for response
EconomyProgrammethat the resulting higher cost for hotel services from the rise of VAT to 13 percent would lead to 2.6 million... ground on these demands. Pensions The second government intervention with estimated cost savings...) with estimated cost savings of 70 to 80 million euros. On the public sector, the government has proposed
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The measures Greece is proposing to secure troika's return
EconomyProgrammeat 2015 levels. Cost savings are estimated at 50 million euros for 2016 and 140 million for 2017. MoF.... Crosschecking of family allowances granted to pensioners, with estimated cost savings of 23 to 37..., with yearly cost savings seen at 82 to 123 million 3) Increase of the VAT revenues through
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Our most popular stories in 2014
Agorain just three years all the labour cost competitiveness lost between 2000-2009, prices have not followed... devaluation would do, the OECD stresses that well-functioning products markets are essential for labour cost..., though, is the effect these developments are having on people and their daily lives. The social cost
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What is SYRIZA planning to do with Greek banks?
Economyprogramme with a total cost estimated at 11.4 billion euros. SYRIZA’s economic policies were... of any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA... enterprises (SMEs) and farmers. The estimated cost stands at 1 billion euros. In Thessaloniki, Tsipras
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Newsletter 14 - 06/02/2015
that his government would introduce a new tax on large real estate properties. The combined cost... threshold to 12,000 euros (from its current 5,000), at an estimated cost of 1.5 billion. 3... cost of 850 million. The first-pillar (humanitarian crisis) interventions also include subsidised
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Newsletter 15 - 13/02/2015
of availability and cost remains one of the most crucial issues. On the state front, the preliminary... at the end of December, equally split between ECB and ELA funding. The cost of ELA is 1.55 percent, 150 bps... to an incremental cost of 600 million for Greek banks on an annual basis, which rises near to 1
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Capital controls in Greece? A response to Professor Sinn
Agoraa capital controls regime for Greece, since the cost of a funded capital controls regime is lower than... system imposing a minimal cost to the creditors as compared to the potential negative consequences... writes, the Cyprus bailout cost is not 10 billion but less than 9, as one billion set aside
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