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Newsletter 216 -26/07/2019
for which the government expects to receive some pushback. Around 6 million property owners.... Receipts from Russian visitors fell by 6.2 percent to 37.4 million. 2 Disposable income up by 4.9 pct
22% -
Despite recent improvement, more than half of Greeks unable to afford one-week holiday
Societyby 2 percentage points over the same time period. Although the percentage of Greeks unable to go... million, recording an increase of 7.6 percent and 6 percent, respectively, compared with 2017
22% -
What brought down Golden Dawn?
Society, 6 percent to SYRIZA and 5 percent to Greek Solution. Rather than supporting the theory... came from LAOS, while 4 in 10 came from New Democracy and 2 in 10 from PASOK. Even
22% -
Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomydropped by 12.3 percent to 1.4 million while non-European visitors rose by 6 percent to 1.2 million..., international arrivals by air rose by 2 percent. In the aggregate period, arrivals rose by 4.4 percent
22% -
H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingwith NBG, where the NII increased by 6 percent to come to 598 million euros in the current aggregate period. Piraeus Bank’s NIII rose by 2 percent to 719 million, while Eurobank’s figure dropped by 3.6
22% -
Eurosystem funding drops by 464.8 mln in August
EconomyMacroeconomyfallen below 2 billion euros. In March, it was also revealed that Greece’s four systemic banks had fully..., along with ECB funding rising by 6 million. In the year so far, Eurosystem funding has declined
22% -
Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicspriorities are on the economic policy front over the coming months: 1) Achieving the fiscal targets, 2... bill, 4) Radical overhaul of the tax system, 5) Tie up the loose ends from the third review and, 6
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Overall loan interest rate edges up to 4.34 pct in Nov
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... (SMEs) fell by 6 bps to 3.78 percent, whereas the corresponding volume of new business decreased to 210
22% -
Greek banks eye positive market appetite for bad loan sales
EconomyBankingof 2 billion euros. According to the bank, the securitisation is due to take place imminently... 6 billion euros-worth of loan securitisations in the first half of 2020. After securitisation
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomyexisting loans dropped by 2 bps to 3.98 percent. The spread between existing loan and deposit rates... at a floating rate dropped by 6 bps to 2.78 percent. The average interest rate on corporate loans without
22%