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Inflows continue in July as deposits increase by 927 mln
EconomyMacroeconomyThe positive deposit flow in the Greek banking system continued in July, with inflows reaching 927... billion. Following the recorded inflows since May, Greek banks’ Eurosystem funding fell for the 25th... since May 2014. The ECB decided on August 3 to further reduce the ELA ceiling for Greek banks
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Credit contraction continues in July with 1.2 pct decline
EconomyMacroeconomyThe pace of credit contraction in the Greek market marginally decelerated in July, reaching 1.2...-euro mark, at 23.94 billion. There has been credit contraction in the Greek market for the last six... deductions have reached well in excess of 40 billion. The challenge for Greek banks in their quest
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Slow pace of civil service evaluation, Hellenikon deal add to review agenda
PoliticsGreek Politicsthe impact that the project could have on the Greek economy, the revenues from the privatisation are also.... Some reports in the Greek media claimed that the lenders have not given their approval... the institutions and the Greek government in the coming weeks will have to focus on much more than just
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Clean exit under discussion but course of third review holds key
EconomyProgrammeor complications. The head of the Eurogroup Working Group Thomas Wieser gave an interview to Greek news... years. Athens is hoping that part of this money will be raised by new bond issues. Another Greek.... Many of the details, including Greek fears regarding the International Monetary Fund’s (IMF
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Opposition pressures SYRIZA by refusing to support bills ANEL dodges
PoliticsGreek Politicsin Greek courts if they are vindicated by the European Court of Human Rights (ECHR). Kontonis said... to be non-binding and the matter was then considered closed by the Greek government. Kontonis... review but will create a slightly different dynamic within Greek politics.
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Credit contraction eases to 0.9 pct in August
EconomyMacroeconomyThe pace of credit contraction in the Greek market slowed slightly in August, easing to 0.9 percent... contraction in the Greek market for the last six years, with the loan balance down by more than.... The challenge for Greek banks in their quest to return to credit expansion remains the effective
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Deposit inflows rise to 1.41 bln in August, highest for 2017
EconomyMacroeconomyThe positive deposit flow in the Greek banking system picked up pace in August to 1.41 billion... on September 7 to reduce the ELA ceiling for Greek banks by a further 3 million. The ELA limit currently.... The drop reflected “developments in the liquidity situation of Greek banks, taking into account
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Mitsotakis targets working class votes, centre-left struggles with leadership race
PoliticsGreek Politicsmessage to every Greek, from wherever they are and regardless of how they voted in recent years,” he... as the first step in uniting the Greek centre-left are continuing. The vote, which was due to take.... An Alco poll published this week indicated that just 9 percent of Greek voters say they will take
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Poll reaffirms positive view of Putin among Greeks
Societythat they had a positive view of him. This was counterbalanced by the negative views which Greek.... Putin was considered as being supportive of Greek interests by 43.5 percent of respondents compared... compared to a global average of 34 percent. Some 50 percent of Greek respondents in that survey expressed
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Athens waits to sound out IMF, PM moves on from vote
PoliticsGreek Politicsin Athens, especially in the wake of the Fund apparently backing down over its demands for Greek banks... its stress tests for Greek lenders next spring. The IMF’s upward revised growth forecast for 2018... suggest that discussions between the Greek government and the institutions have led
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