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Newsletter 25 - 08/05/2015
manufacturing drop Greece’s manufacturing PMI saw a big drop in April, when it fell by 2.4 points to 46.5... with the result that he wants, the country will have to live with the consequences of capital controls... that is in such a fragile state and so reliant on cash, imposing capital controls would be the equivalent
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Newsletter 41 - 04/09/2015
a strong rebound by 4.1 percent in May. Turnover in department stores saw the biggest decline (-16.2... that emerged after the imposition of capital controls on June 29 and the consequent negative repercussions... cards after the imposition of capital controls. On top of PIT, CIT and ENFIA, tax obligations
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EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
Economyand contraction of 0.7 percent in 2016. The previous EC estimates last November saw a recession of 1.4... in the second half of 2016 supported by a rebound in confidence, easing of capital controls and the anticipated... confidence following programme reform implementation and swifter lifting of capital controls. Downside
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agorathe Greek market. However, they saw inflows of around 4.4 billion in Q4. Meanwhile, the time deposit.... Fees climbed 17.4 percent QoQ in Q4 after a low recorded in Q3 amid capital controls, but the full... amid capital controls and more than halved again in Q4. Overall, the stock of group NPLs rose by more
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Piraeus Port Authority announces profit increase for 2015
EconomyBanking-breaking tourism year in 2015, as well as the refugee crisis which saw ferry lines running at full..., the report notes that predictions for the business sector in 2016 remain uncertain. The capital controls... to estimate at present what the total impact [from capital controls] on the country's foreign trade
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Final push for "Yes" and "No" campaigns as referendum result hangs in balance
PoliticsGreek Politicsstrong objections to the government’s proposal to lenders, which saw the reduction to defence... controls. Prime Minister Alexis Tsipras will speak at the “No” rally in the evening in a bid to give
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Early gains in Greek stocks cancelled out in second half of week
EconomyAfter a rebound in the first two trading sessions of the week the Greek stock market headed south in the next three days, ending with marginal losses of 0.4 percent. This follows a nosedive of 15.2 percent in the previous week, which saw the first trading after the imposition of capital controls
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Newsletter 42 - 11/09/2015
. The June headline figure is the second lowest reading this year. The non-seasonally adjusted figure saw... billion at the end of June 2015. Following the imposition of capital controls on 29 June, the banking
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Greek politics to dash voters hopes again
Agorabaggage as New Democracy and is kept alive only by a few loyal followers that saw their lives... modestly at the end of 2014 and in the first half of 2015, following the imposition of capital controls
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
EconomyThe Greek stock market saw only marginal movement this week except on Thursday when it rebounded 2.7 percent, led by a sharp rise of bank shares by 13.9 percent amid rumors that capital needs would... reopened after the imposition of capital controls, it has recorded losses of 14 percent. Banks
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