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Industrial turnover down by 9.8 pct in Feb for fourth straight fall
EconomyMacroeconomyfor the seventh successive month. “One major concern is the trend in exports, which up until fairly
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Greek banks’ loan quality is deteriorating
EconomyOne of the most worrying conclusions to emerge from the conference calls that followed the announcement of the Greek banks’ 2014 financial results was the deterioration of the quality of their Greek loan portfolios in the first two months of the year. This was mostly evident in household lending
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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyand benefits by 3 percent. Since 2009, household disposable income has been eroded by one-third, which
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Greece eyes temporary solution to liquidity problem from Brussels Group talks
PoliticsGreek Politicsscheduled Eurogroup. This is one of the reasons for which Athens hopes that its liquidity tightness
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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economyfiscal balance by one of the three institutions that oversee Greece's programme. Note that new and old
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Greece expects no surprises from ECB despite questioning chances of deal
PoliticsGreek Politics, upbeat comment. “Today’s meeting with the ECB president Mario Draghi was a constructive one,” he
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Fitch keeps Greece's rating at 'CCC'
Economyone notch higher at ‘CCC+’. The next scheduled rating reviews are on July 31 by Moody’s, on September
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Alexis's choice
Agorathe details of an agreement with the institutions (if one actually comes about), there can
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How Greek banks can balance on the collateral tightrope
Agorasystemic Greek banks. Assuming that the average haircut currently stands at around one-third
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Industrial turnover falls for 5th straight month in March at decelerating 2.9 pct
EconomyMacroeconomy(-3.6 percent). From the five main industrial groupings only one (energy) posted a sharp drop (-14.5
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