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Greece: The gathering storm
Agorathe previous coalition failed. Lagarde’s response seems to leave only limited room for flexibility
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Newsletter 18 - 06/03/2015
not increase their holdings and cover even a small part of the (previous) foreign investor participation
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Unemployment rate edges up to 26.1 pct in Q4 2014
EconomyMacroeconomyby 7,000 from the previous quarter to 249,500 in Q4 with its share to employed rising to 7.1 percent
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Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain
EconomyProgrammeThe Finance Ministry (MoF) said in a press release on Monday evening that the primary surplus for 2014 reached 0.3 percent of GDP, according to Greece’s Economic Adjustment Program (EAP) methodology. This is substantially lower than the EAP target of 1.5 percent, while both the previous
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In potential clash with lenders, SYRIZA wants to use privatistion receipts to fund social policies
Economy2012, the previous government had passed legislation regarding the strict management
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Greece and lenders already at apparent impasse, with options narrowing
PoliticsGreek Politicsthe impression that it has made a break from the way previous administrations operated, largely
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Growing uncertainty weighs on Greek shares and bonds
Economythe previous week. The coverage ratio also remained stable at 1.3.
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammein February. According to the latest official data, the previous government had used cash reserves of gg
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBanking11.9 billion in the previous quarter. In the first two months of 2015, it further increased by 7.6
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Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomyGreece's current account (C/A) deficit widened to 847 million euros in January 2015, more than 2.5 times higher than the previous year, according to the Bank of Greece (BoG). The negative movement by 511 million euros year on year (YoY) reflects deterioration in almost all key components
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