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Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
EconomyMacroeconomyof total road motor cars. The Attica prefecture registered more than half of the country’s road...). The drop in July is largely attributed to the imposition of capital controls. It is the first... for a potential Grexit or imposition of capital controls and deposit haircut with a large number
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New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls
EconomyMacroeconomyon total new deposits down 7 bps to 0.71 percent in August, which is the lowest reading in the post... the four systemic banks’ decision to reduce interest rates amid capital controls, since they dominate... on capital controls. The restrictions on time deposit renewals also explains the positive flow of 6.25
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economyfor those under the poverty limit so that the total servicing of their obligations for taxes, bank loans..., total non-performing loans (NPLs) amount to 77 billion euros, of which 42 billion stem from... stood at 38,948 (0.7 percent of total). For this income bracket, total income stood at 5.7 billion
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Newsletter 74 - 20/05/2016
that 168 groups with total loans of 14.7 billion, of which around 74 percent were classified as non... would have high priority in the upcoming restructuring process. The total loan exposure of those five... resolution head on is reflected in the following numbers. In Italy, the total non-performing loan
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomy, while general consumption fell by 1.2 percent, leading total consumption up by 0.5 percent. Private consumption retains the lion’s share of GDP, making up 69 percent of the total figure. The Finance... in Q3 after a higher increase of 6.4 percent in Q2. Compared to last year, total exports posted a growth
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Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases
EconomyMacroeconomyin the form of ESM bonds to cover their total capital needs under the adverse stress test scenario. So... billion euros to 77.49 billion in November on the back of the completion of Greek banks’ capital
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HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls
EconomyBankingto just 1.42 billion at the end of July. Within 2015, the fund received a total amount of 208.7 million..., and the losses of 10.16 billion for 2015, which were partly mitigated by a capital increase of 5.43 billion... of the Greek banking index particularly after the imposition of capital controls and bank
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economygovernment debt represents less than 20 percent of total debt, or less than 40 percent of GDP. Additionally... to materialise before it considers an upgrade. Two of those conditions, the complete lifting of capital... capital controls without any adverse effects on bank deposits. The agency believes that this development
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Newsletter 108 - 24/02/2017
, but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down... be included in the mechanism in cases where the total debt exceeds the 20,000-euro mark... turnover in mining and quarrying, which make up only a fraction of the total index, fell by 5 percent
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Greek banks' NPL selloff gathers speed
EconomyBankingfor the disposal of a Portfolio of Retail Unsecured Non-Performing Loans. The total outstanding aggregate balance comes to 3.7 billion euros, and a total outstanding principal amount is 2 billion euros... at 90 million or approximately 4.5 percent of the total outstanding principal amount. The servicing
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