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  1. Newsletter 444 - 06/12/2024

    Newsletters

    ” and noted that at a time when the cost of living is high, the gap between lending and deposit rates... pressing banks to lower their loan rates and increase deposit rates to address the much-publicised... rates and charges as well as rising prices. The newly elected leader of SYRIZA Sokratis Famellos

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  2. Troika returning to Greece but key decisions still months away
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    for the first quarter of this year. The total of almost 9 billion euros (out of 10.1 billion euros left... the funding gap for 2015 at 6.5 billion euros. Latest reports put the total figure for the three years... this debt relief will take. A simple extension of maturities and lowering of interest rates, as has

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  3. Cooperatives on Cyprus: Why they were treated differently to banks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to the tune of 1.5bn euros or 15 percent of the total Cyprus ESM/IMF loan. Although the co-operative... to Fannie and Freddie: it helped the lower middle class receive mortgages at rates that it would..., the cooperative sector has 5.96 billion euros, which is 44.49 percent of the total lending

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  4. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    . They successfully raised a total of 8.31 billion (Alpha 1.2 billion, Eurobank 2.86, National 2.5..., the four banks had accumulated LLRs of 43 billion corresponding to 16.6 percent of the total loan book... deposit rates, will be the key driver for a rebound in the NII within the year. On the cost front

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  5. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    of 13.2 percent. Their share of total receipts eased to 4.8 percent from 5.4 percent last year... to a SETE study, the key risks for 2014 scheduled visits are the high occupancy rates in the peak... of total, may not take place. The growth of arrivals from Russia showed a significant slowdown

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  6. Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP

    Economy

    for the total outstanding unpaid private debt by the middle of August. Citing government sources, local media... settlement for viable companies could include extension of instalments, lower interest rates, removal.... In addition, press reports indicate that the implementation of upcoming decisions on total private

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  7. Greek women having children later, young people taking longer to fly the family coop

    Society

    drop in the total number of unions over the ten year period from 2003 to 2013, when they fell from..., cohabitation rates in Greece are well below the EU average. Reflecting the country’s conservative... than 2 percent of the total number of households. At the other end of the scale, over half

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  8. Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    rates are not comparable with the monthly readings, which are seasonally-adjusted and displayed.... However, the percentage of long-term unemployed to total jobless declined for the second straight... broadly stable QoQ at 10 percent of total employed with almost 69 percent of part timers noting

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  9. Newsletter 49 - 30/10/2015

    Newsletters

    July 2003. Total deposits are at their lowest level since July 2003. Economic sentiment creeps up... tested. Tsipras’s task in trying to hold all this together and prevent a total collapse is huge. His... to beat to the punch start hitting home. It is estimated that the changes to VAT rates, which were

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  10. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    this tax will be implemented. 3) Increase in the income tax rates for farmers (estimated revenues... measures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming... producers with the total new tax and contribution burden standing at lower than current levels

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