Search
-
Growth treads water as PM targets relief for households
EconomyMacroeconomydeceleration took H1 growth to just under 2 pct, suggesting that the economy will need a stronger second half.... The total package was worth close to 1.8 billion euros, and the lion’s share, with 1.2 billion euros, went... in the tax reform package. Although it entails lower tax rates across the scale by 2 percentage points
26% -
Significant post-election economic challenges await Greek coalition
Economy) to 1 percent constant for the next 50 years. This could result in total savings of 25 billion (14... of total loans is among the key reasons banks are still in a deleveraging mode. Also, lending... billion in 2013, 1.9 billion of new arrears were created in 2013. The total figure is currently
25% -
Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomyCommission. However, this performance was trimmed by almost 5 points in July and August. Total final... percent growth in private consumption and a 2 percent decline in public consumption. Gross fixed... percent of total GDP last year - remains the most ambitious to be met this year. Total exports rose
25% -
Eurobank reports loss of 186.6 mln in Q3
EconomyBankingoperations. In particular, loan spread in Greece showed a marginal increase of 2 bps to 4.49 percent, while... in Q3 from 31.8 percent in Q2. Out of the total NPLs of 17.1 billion, corporate NPLs amount to 6.3 billion (33 percent of total), mortgages to 4 billion (21.7 percent), small business loans (SBL
25% -
Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyfifth of final consumption. Overall, SA Q3 final consumption increased 0.6 percent QoQ and 2... increase to a modest 1 percent for 2014. Total exports rebounded QoQ for the third straight quarter..., while exports of goods rose by a modest 1.7 percent. Over the past six years, total exports
25% -
Newsletter 19 - 13/03/2015
of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February... 63 percent of the total, compared to just 6 percent in January and zero in May 2014. The absolute..., this corresponds to an additional burden of more than 700 million on an annual basis. Those two costs total 1.7
25% -
A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammeof this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion) 2... government, raising total the debt amortisation figure to 35.9 billion. Another debt-related element... to build-up state deposits. Overall, these five contributors to gross financing needs amount to a total
25% -
Greek QE eligibility? We're not there yet
Agorabillion and T-Bills of 3.5 billion. The total amount stands at 16.5 billion euros (face value), while...) and the Agreement on Net Financial Assets (ANFA) respectively, held a total of 27.18 billion euros in Greek bonds, corresponding to more than 40 percent of total. Of this amount, 19.87 billion relate
25% -
NBG strengthens capital at deep discount, falls short of initial target
Agoraeuros to cover its total capital shortfall. This figure is higher than the 2 billion initially suggested.... The bank said it has raised a total of 1.17 billion euros so far, including the outcome... billion. Since the bank aims for state aid to cover its total capital needs, the remaining bonds from
25% -
General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomythan half of total arrears. Arrears to hospitals increased by 324 million euros to 931 million in 2015 making up 17.3 percent of total. State budget arrears recorded the first largest increase by 294 million to 451 million at the end of December accounting for 8.4 percent of total. The other three sub
25%