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  1. February deposit balance positive by 59 mln, reversing previous month's outflow

    EconomyMacroeconomy

    euros, recovering from outflows of 841.4 million in January 2018. For the first two months of the year... balance of 612.1 million. The savings balance for 2017 was the first positive year-to-date figure

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  2. Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    came to 1.8 billion euros in the quarter, totalling 3.6 billion for the year. Reductions took place... of the estimated NPE and NPL reduction is back-loaded and is expected to be implemented this year

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  3. PMI at 55 pts in March, slowing from Feb but above 50 for tenth month
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    despite slowing against the previous month’s multi-year high, thanks to new orders from both... in the official unemployment rate, which stood at 20.8 percent in December last year,” they concluded.

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  4. Much ground to cover on prior actions despite privatisation progress
    Image via www.helpe.gr

    EconomyProgramme

    by the summer and for the transaction to be completed by the end of the year. Speaking to Reuters on Wednesday... privatisations it has targeted for this year. “The period until June is a quite critical one, which

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  5. Prior actions and crucial meetings dominate agenda for rest of month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    a year later. However, Athens is adamant that this will not be necessary, especially as the primary... and in line with this year’s goal. In fact, in an interview with Ethnos newspaper, government spokesman

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  6. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    labour costs in Greece have risen year-on-year, they have declined by 13.7 percent since 2008 when

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  7. Politicians increasingly focussing on post-MoU landscape
    Photo by Panayotis Tzmaros/Fosphotos

    PoliticsGreek Politics

    to a question about whether he favours the snap elections being held later this year. Tsakalotos denied... of the coalition’s four-year term (September 2019) rather than trying to capitalise on whatever positive sentiment

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  8. After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    for a 3.5 percent of GDP primary surplus to be produced next year, Athens will have to reduce the tax... be an election year and is still hopeful that the latest fiscal and GDP data will help convince the Fund

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  9. Juncker heralds MoU exit but fails to add clarity during Athens visit
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    by a year. “Every year, we are achieving a primary surplus of more than 3.5 percent, which suggests

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  10. Which way to the exit?

    Agora

    of 2012, a swap of the PSI bonds at the end of last year and the short-term debt relief measures that the European Stability Mechanism implemented last year, the market access that Greece needs soon

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