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  1. Why Greece is asking for 1.2 bln back from the EFSF

    Agora

    the country’s debt and the debt to GDP ratio by more than 6 percentage points. Those bonds were... presubscription fee of 555.6 million paid by Greek banks in 2012, b) A 1 percent annual underwriting

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  2. Economic sentiment, consumer confidence edge down in March
    Photo by MacroPolis

    EconomyMacroeconomy

    figure is the second lowest reading since April 2014 and stands 6 points lower than the recent peak... for the third successive month in March. Industry confidence dropped further by 1 point to -10.2, the lowest

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  3. New unpaid taxes rising steadily, reach 3.5 bln in Q1

    EconomyMacroeconomy

    , for 2-5 instalments the reduction is 90 percent, for 6 - 50 instalments it is 80 – 60 percent, while... projected in the reform list sent by the Greek Finance Minister Yanis Varoufakis on April 1, additional

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  4. Newsletter 24 - 24/04/2015

    Newsletters

    , as well as repayments to the IMF (of 180 million on May 1 and 700 million on May 12) and interest... on May 6, of which around one-third is held by foreign investors, who remain reluctant to roll over

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  5. Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

    EconomyProgramme

    through the following measures: 1) An extraordinary levy either by increasing the current solidarity levy... with estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through

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  6. Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct

    EconomyMacroeconomy

    Greek household disposable income grew for the second straight quarter by 1.4 percent year on year in the fourth quarter (Q4) of 2014 after an upward revised 1 percent rise in Q3, according... by 29.4 percent over this 5-year period, meaning that around 6 billion are no longer available

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  7. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    percent in Q1 after a sharp rise by 6 percentage points to 60.4 percent in Q4. It is noteworthy... III Common Equity Tier 1 (CET1) ratio eased to 12.1 percent in Q1 from 13.6 percent in Q4, mainly

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  8. High levels of dissatisfaction among Greeks, Eurostat report shows

    Society

    ” framework was developed and is organised along 8 plus 1 dimensions: material living conditions... compared to the EU’s 7.4), jobs (6.1 compared to 7.1) and financial situation (4.3 compared to 6

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  9. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    -oriented model include: 1) Continuation of structural reforms to products and services that would... be reviewed. 6) Effective management of Greek banks’ non-performing loans (NPLs), while changes

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  10. Industry turnover down by 2.3 pct in April for sixth straight fall

    Economy

    goods (+9 percent) followed by capital goods (+6 percent), consumer non-durables (+2.6 percent) and consumer durables (+1 percent). As in previous months, the performance of specific sectors displayed

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