Search
-
Newsletter 84 - 29/07/2016
rules abolish withdrawal limits for money lodged in cash with a Greek bank. extend credit in the future... in the first six months. On the same day, the BoG said that credit contraction remained stable at 2 percent... politically charged from the start. The SYRIZA-led coalition portrays the issuing of permits as the first
10% -
Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
EconomyMacroeconomyof 0.45 percent. The slight reduction in the time deposit rate led the weighted average rate on all.... In the household lending sector, the consumer credit floating rate further decreased by 17 bps to 7.48... maturity (mostly credit cards) edged up 5 bps to 14.47 percent. The housing loan rate was reduced
10% -
Newsletter 163 -25/05/2018
tangible targets and goals. The plan certainly has some of the ideological colour of Greece’s leftist-led... disappointment in the coming weeks due to the conclusion of the negotiations.” The argument that the SYRIZA-led... ever recommended that Greece should seek a precautionary credit line. “I have never asked
10% -
Athens prepares for Ukraine talks with Nuland as Dendias visits Odessa
PoliticsForeign Policyvisited the Greek Consulate, where he expressed the full support of the Greek government..., with their personnel and the relevant command liaisons, which comprise about 30 soldiers. ASRAD-HELLAS
10% -
Greece said to eye exit plan with precautionary support but no new MoU
EconomyProgrammeits bailout program has led the government to change its plans, according to local media reports... existing European Stability Mechanism (ESM) credit lines - precautionary conditioned (PCCL... a precautionary support rather than a credit line and would be available to Greece whenever the country cannot
10% -
Greece: Where did it all go wrong?
Agorapercent of GDP. This was accompanied by the first Greek credit account surplus on record. Both were.... This is what led the prime minister to travel to Berlin in late September and to announce, after his meeting... exit with a precautionary credit line created by the financial buffer remaining at the bank
10% -
The bad hand being dealt to Greece's next government
Agorathe troika review that began in September has led to Greece not getting the total of 7.2 billion euros... the government could have concluded the review if it had been committed to doing so. No credit line... the bailout and moving towards a precautionary credit line. Instead, it agreed a two-month extension
10% -
What capital controls will mean for Greek banks, customers and the economy
Economyof up to 840 million euros. · Transactions with credit or debit cards without any new restriction other... onshore i.e. credit of accounts held within Greece. · Transactions via prepaid cards up to the limit... not apply to transactions with the Bank of Greece (BoG), cross-border payment orders concerning credit
10% -
Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraby December to lower than end-2015 levels. The improving asset quality trends led banks to sharply... of their gross loans. In its credit outlook released on June 9, Moody’s said that Greek banks’ slowing NPL formation in credit positive, while noted that the decrease in loan provisions will help
10% -
Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingand commission income increased by 2.1 percent QoQ to 80.2 million, largely on increased usage of credit... credit recorded a negative NPL formation for the second straight quarter, of -18 million in Q2. The NPL... deleveraging led loans down by around 500 million QoQ to 61.41 billion euros in Q2, while deposit
10%