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New Democracy sticks by snap polls call as gov't looks to probe, tender for relief
PoliticsGreek PoliticsFollowing Tuesday night’s tempestuous debate in Parliament, New Democracy stole a march on an apparently unprepared government by tabling on Wednesday a proposal for a parliamentary committee to investigate last year’s bailout negotiations, the imposition of capital controls and the bank
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Newsletter 68 - 01/04/2016
bailout negotiations, the closure of Greek banks, capital controls and the signing of the third
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Banks lead Friday rebound to take Greek stocks up by 2.3 pct during week
EconomyFinancial Stability Fund (HFSF). OPAP also said that Blackrock controls 5.37 percent of its share capital
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economytheir equity and capital (through the AFS reserve) accordingly subject to market conditions. Bank shares
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Industrial turnover dives 15.1 pct in Feb on sharp drop in energy turnover
EconomyMacroeconomygroupings shows that energy turnover slumped 40.6 percent followed by a 13.5 percent decline in capital
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Current account deficit narrows by 45 pct to 804.3 mln in Feb
EconomyMacroeconomytransport receipts also dropped in the 2-month period largely due to the capital controls. Meanwhile
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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economyrelaxation of capital controls and support investment leading to positive GDP growth in the second half
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Industrial production falls at faster pace of 4 pct in March
EconomyMacroeconomyof the five main industrial groupings displayed notable drops in capital goods production (-13.2
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyprogramme review should support the gradual relaxation of capital controls and support investment leading
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Stournaras calls for lower primary surplus target, debt relief measures
PoliticsGreek Politicsclimate, improvement in the liquidity of the banking system and further easing of capital controls
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