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Full backing for multi-bill from coalition MPs, Tsipras looks to lenders for next step
PoliticsGreek Politicswould be watching the Survivor game show rather than the events unfolding in Greek Parliament... to back a deal containing more than 4.5 billion euros in fiscal interventions just a few months
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingEurobank inaugurated the first-quarter (Q1) reporting period of Greek banks by announcing net profits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million. This largely.... International operations recorded net profits of 29 million in Q1, slightly lower than the Q4 2016 figure
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Labour Ministry publishes latest pension breakdown
EconomyMacroeconomyto supplementary pensions and more than 409,600 to dividends for retired public servants. An important... the 500 euro mark. For around 25,000 main pensions, the monthly cost is higher than 2,000 euros
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Deposit flow turns negative again in April with outflows of 139 mln
EconomyMacroeconomyrespectively, more than offsetting the private sector outflows. Despite the downturn in private sector... billion lower than that in mid-August 2015.
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General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
EconomyMacroeconomyand purchases of goods and services rose by 131 and 127 million respectively. More than half (50.6 percent...’s share, while bank support guarantees stood at 3.18 billion. The remaining guarantees of more than
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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomyexposures overdue for more than 90 days (28 billion) and those unlikely to pay (30 billion). According... ‘unlikely to pay’ exposures accounted for 27.6 percent of the total figure. More than 14 percent
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicsthat the government can pay off more arrears than was initially planned. On Friday, Tsakalotos warned MPs that some of the lenders would prefer the discussion on Thursday to focus on the prior actions rather than
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyprogramme review, the Central Bank funding has been slashed by 38.79 billion with more than 62 percent.... Nevertheless, they still stand more than 11 billion above the November 2014 figure of 30.14 billion
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Expectations for deal on Thursday rise as Athens tempers own
PoliticsGreek Politicsthe International Monetary Fund than its approval of the Greek programme “in principle.” It will also probably... a stronger and clearer commitment to debt relief than the one on offer last month, the promise
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Newsletter 124 - 23/06/2017
have had more of a symbolic than practical impact, while Alternate Finance Minister Giorgos... case, which takes its name from a cargo ship that was seized in Greece in 2014 with more than 2 tonnes
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