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Greece recalls ambassador in Austria, waits for EU position on refugee crisis
PoliticsForeign Policythis dispute will play out on the European stage will be of more significance to Greece than the bilateral
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Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015
EconomyMacroeconomypercent. This primarily reflects a nosedive of more than 30 percent in household disposable income
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Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding
EconomyMacroeconomyinto political turmoil, until June 2015. That change corresponded to more than 47 percent
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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyeuros dropped by 28 bps to 5.63 percent in January more than offsetting a rise by 24 bps in December
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingfunding fell by more than 6 billion QoQ to 25.3 billion at the end of December and further to 24.3
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBanking. The NPL formation more than halved to 214 million in Q4 from 520 million in Q3. At the same time
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Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln
Economyof 16.76 years Almost 80 percent of Q4 outstanding debt has a residual maturity of more than 5 years
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Bailout review to continue in Athens, lenders identify key tasks ahead
EconomyProgrammethat economic developments in 2015 were better than assumed last August, while budget revenues
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Trade deficit drops 5.1 pct in January, exports down 8.1 pct
EconomyMacroeconomythe January rate was slightly lower than the 7.9 percent drop recorded in December. In absolute terms
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Greece banking on Turkish cooperation in refugee plan
PoliticsForeign Policy, though, Athens appears to have few options than to hope that an agreement on the refugees is reached
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