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  1. The race to reduce Greece's bad loans

    EconomyBanking

    , a collateralised portfolio of NPLs from small- and medium-sized businesses worth 2 billion euros is also... NPLs in Greece tot he value of 2 billion euros. The consideration of the transaction, which amounts

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  2. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    into a 3 percent long-term nominal growth rate, on the assumption that inflation will reach 2 percent... used in 2015 will be recovered, noting that 2 billion euros were already repaid in February last year

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  3. Newsletter 168 -29/06/2018

    Newsletters

    growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level.... 2 May budget primary surplus at 1.53 bln Confirmed figure beats the target by 1.35 bln The budget

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  4. BoG Monetary Policy Report positive on programme end but advises caution for future targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    percent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... to grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5

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  5. Newsletter 170 -13/07/2018

    Newsletters

    ,” the Commission said. 2 Unemployment rate edges up to 20.2 pct in April Number of those employed dips along... by 1 percent in May, slowing from an upward revised increase of 2 percent in April, Hellenic

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  6. May current account shows surplus of 191.5 million as underlying indicators improve
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    arrivals. The primary income balance rose by 2 percent to 797.1 million, while the secondary income..., stemming largely from an 2 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net

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  7. IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    of 2 percent this year, picking up to 2.4 percent in 2019. Growth is expected to fall below 2 percent

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  8. Recent study issues warning over ageing population, future pension burden
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    authors state that while Greece is aiming for 2 percent annual GDP growth, a rate closer to 4... decreased by 2 percent to come to 118,792, still outpacing births and leading to a net shortfall

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  9. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    percent to 217.1 million QoQ. In H1, the figure fell by 2 percent YoY, with the decline coming to 3.4... quarter. Balance Sheet Eurosystem funding declined by 2 billion euros QoQ to 5.1 billion in June

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  10. Retail turnover in June grows strongly led by fuel and supermarket sales
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and cosmetics also rose by 2 percent, while books, stationery and other goods showed a modest increase of 0.4... recorded in pharmaceuticals and cosmetics with 2 percent while automotive fuel volumes dropped by 2.1

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