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Why did Greece return to bond markets now? Was it the right decision?
Economyilluminate this debate. 1) Why did Greece issue this bond now? The Greek government had been... in Greece’s upcoming T-Bill auctions, which are expected to ease to between 1 and 1.5 percent from... than the higher 10-year rate, and are expected to cut lending rates by 1 percentage point. The lower
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Greek central government debt inches down to 320.42 bln in Q1
Economy1 to 5 years and the remaining 12.9 percent a residual maturity of up to 1 year. Greece’s cash... (OSE) (6.06 billion) and Attiko Metro (2.2 billion) and 1 billion to extra budgetary funds
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Significant post-election economic challenges await Greek coalition
Economy-tranche of 6.3 billion in late April. The remaining two sub-tranches of 1 billion each are due...) to 1 percent constant for the next 50 years. This could result in total savings of 25 billion (14... by at least 1 pp this year and a further 2 pp in 2015. In contrast, the OECD projects a slower reduction
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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBankingmillion euros, yet it eased 1 percent quarter on quarter (QoQ). The quarterly evolution reflects lower... by 650 million euros within Q1, mainly reflecting 1 billion outflows of sight and savings and 400...-forma (for the capital increase of 1.2 billion completed in April) Basel III Core Tier 1 (CET1) ratio
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy. On the loan front, the most material change was posted in corporate loans above 1 million euros... to 6 percent. The average euro-area rate on corporate loans over 1 million euros stands almost 4... percentage points for amounts over 250,000 and up to 1 million euros. The rate in loans to sole
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsunlikely to be in a position to claim its next bailout tranche of 1 billion euros as it has not yet... (GLF) variable rate (currently at Euribor plus 50 basis points) to 1 percent constant for the next 50..., the official sector projects Greek unemployment will ease by at least 1 pp this year and a further 2 pp
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammeclearance of 2.5 billion in 2015, which resulted in an increase of the debt-to-GDP ratio by 1... of alternative funding have decreased the projected 2020 debt ratio by 1 pp each. Debt sustainability... of expectations with revenues at just over 1 billion for 2013, short of the 1.6 billion target
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomy. That said, the rates in consumer loans with a defined maturity and in corporate loans above 1 million... are now almost 1 percentage point closer to those in the euro area. In particular, the rate... that for larger amounts the loan rate In Greece is 1 percentage point higher than the euroarea average
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomyfrom around 1 billion in the preceding two months, according to data provided by the General... that the first-half target of legacy debt collections of 1 billion set by the Ministry of Finance (MoF... to collect an additional 1 billion in the second half of 2014, which corresponds to 167 million per
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September revenues drive 9-month Greek primary surplus up to 2.53 bln
Economyto higher revenues by almost 1 billion MoM. The 9-month budget deficit stood at 2.29 billion euros..., which outperformed the monthly target by 84 million, the 9-month figure rose by 1 percent to 36.47..., which rose at an accelerating pace to 1.42 billion euros in August from 1 billion in the preceding
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