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Athens sweats on outcome of UK referendum
PoliticsForeign Policygovernment is expecting its European creditors to apply more pressure when the second review... Izquierda Unida will be able to take second place. The Unidos Podemos coalition has been polling second
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Newsletter 80 - 01/07/2016
in May on net loan deductions of 357 million, the second highest figure in the course of this year... confidence improved for the second successive month by 3.9 points to -68. In addition, three... earlier. Net deductions increased to 357 million euros in May, which is the second highest figure
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Bank of Greece report overviews lenders' profitability, urges drastic NPL management
EconomyBankingin the second half of 2015 compared to the first half in the wake of capital controls. At the end... percent in the second half of 2015, while the value of card transactions increased at a slower pace of 12... transactions, which dropped by almost 30 percent from 171 euros in the first half to 120 euros in the second
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Majority of Greeks now view EU in bad light, survey indicates
Societyitem and was in second position in 19 countries. Immigration, mentioned by almost half (48 percent... was the second most-frequently mentioned item, the EU’s economic situation was a concern for 35 percent... at EU level, mentioned by 19 percent of Europeans, and stood in second place in nine member states
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Greece's latest GDP figures and what to expect for the rest of the year
Agora) in the second quarter (Q2) of 2016, while it contracted by 0.7 percent year on year (YoY). It should... 2015. As a result, GDP in the second half of 2015 (92.09 billion euros) was 0.9 percent lower than that in the first half (92.95 billion), meaning the second half of 2016 is benefitting from a low base
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomycontributes just 7 percent to the total ENFIA amount, the second 44 percent, while the third bracket makes... the second and the third brackets owe 41 and 47 percent respectively of the total declared property value... - in the second half of the year, when revenues of 28.2 billion are targeted to be collected compared to 22.4
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Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
EconomyMacroeconomyGreece’s central government debt increased by 7.33 billion euros to 328.34 billion in the second... Facility (GLF) bilateral loans of the first programme, 130.9 billion to the second (EFSF) programme... is the second highest reading after the record high figure of 16.76 years posted in Q4 2015. The debt breakdown
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyfor the second straight month significantly increasing from the June’s figure of 185 million to 1.08... the first of the five instalments of the single property tax (ENFIA) and the second instalment...-digit rate of 10.4 percent for the second straight month to 3.49 billion in July, at a new high
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingAlpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million... to be launched in the second half (H2) of the year. The annual befit is estimated at 35 million euros. During... credit recorded a negative NPL formation for the second straight quarter, of -18 million in Q2. The NPL
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Fitch affirms Greece’s rating at ‘CCC’
Economy, and arrears build-up to last into the second quarter of 2017 without needing the tranche that would be disbursed after the completion of the second programme review. Thus, the negotiations, including... of slippage in the previous programmes. The rating agency expects GDP to pick up in the second half (H2
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