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Almost all services in Greece saw decline in Q3
EconomyMacroeconomy, telecommunications 7.3 percent and security and investigation activities 6 percent. In contrast, two sectors...) and cleaning activities (down 45.5 percent). However, there were 3 services sectors that not only survived
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The one question SYRIZA needs to answer
Agorawages, pensions and state operations. The primary surplus for 2014 is expected to be just over 3... short of 6 billion in total interest payments, bonds held by the ECB and other eurozone national
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Snap elections in Greece: The scenarios ahead
PoliticsGreek Politicsby the parties which do not pass the 3 percent threshold needed to enter Parliament. In the June 2012 elections, the parties that did not enter the House gained a total of around 6 percent and the barrier
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomyThe interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88 percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece... deposit rate reached a high of just over 5 percent in June 2012 and has slipped by more than 3
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Samaras sets out New Democracy's plans for growth
EconomyFollowing the presentation of SYRIZA’s updated economic policies on January 3, Prime Minister and New Democracy (ND) leader Antonis Samaras outlined his party’s programme for “Growth and Reforms... will stem from the National Strategic Reference Framework, 6 billion from national sources
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Bookies see comfortable win for SYRIZA, close contest for third place
PoliticsGreek Politicsit is unlikely Independent Greeks will enter Parliament. The odds for Panos Kammenos’s party passing the 3... percentage is seen above 6.6 percent (odds at 1.75) and To Potami above 6 percent (odds at 1.65). For KKE
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Parliament's budget office warns government to move quickly
EconomyMacroeconomy) Agreement for modifications and implementation of the current adjustment programme 3) Agreement... and not deficits 6) Debt restructuring or reprofiling.
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What are the implications of the ECB's decision for Greek banks?
Economyof this collateral by 3 weeks. The other three types of collateral affected by the February 4 ECB decision... political risk. So, Greek banks, which previously held the bulk of the domestic take up of 6 billion
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The government decisions that could shape the future of Greek banks
Economy) and 66.93 percent in Piraeus. Its majority participation in the 3 banks is currently accompanied... Anastasia Sakellariou on February 6. Discussions focused on the HFSF activities to date, its
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Unemployment rate edges up to 26.1 pct in Q4 2014
EconomyMacroeconomythan 2 pp YoY to 29.6 percent. However, it is still more than 6 pp above that of men at 23.3 percent... with the unemployment rate decreasing by more than 3 pp YoY to 41.1 percent. The 30-44 age group also showed
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