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  1. HFSF executive board members resign

    EconomyBanking

    by the BoG. Meanwhile, HFSF has completed the review of Greek banks’ boards and committees... practices but also under the special situations of the Greek banking sector which has to deal

    2%
  2. Technical MoU provides more detail on fiscal brake, arrears and privatisations

    EconomyProgramme

    that the government has cleared net arrears for an amount equivalent to 80 percent of the previous disbursement... (four from the transport sector, one from post and one from sports) whose imminent transfer has

    2%
  3. Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    reading over the past four years. It is worth noting that the number of jobs has increased by 106,900 over the past 12 months, while the number of unemployed has been trimmed by 91,000 over the same

    2%
  4. Greek expats generating 9.1 bln in taxes abroad each year, study suggests
    Photo by MacroPolis

    Society

    Following a recent Bank of Greece (BoG) study showing that 427,000 Greeks have emigrated since the beginning of 2018, Endeavor Greece has now estimated that the brain drain reached 350,000 over... all Greek exported "products," human capital has the highest value and is worth 12.9 billion, which

    2%
  5. Greeks' views on Muslims out of step with other Europeans, survey indicates
    Photo via Flickr https://flic.kr/p/xXnAaH

    Society

    , a survey from a leading US pollster has found. While half of those who identified as left in Greece said... expressing this view has declined from 88 percent to 61 percent in Germany, which was the biggest drop

    2%
  6. Minor uptick in time deposit and average loan interest rate in June

    EconomyMacroeconomy

    . Since the imposition of capital controls at the end of June 2015, the new time deposit rate has been trimmed by around 100 bps, broadly due to the lack of competition, although the downward trend has

    2%
  7. Finance Ministry says revenues beat revised target by 105 mln in July
    Photo by MacroPolis

    EconomyProgramme

    October when the 2016 budget was prepared but has been recently revised. It added that cash revenues... outperformance has been trimmed by 424 million for gross revenues and 516 million for net revenues in one month

    2%
  8. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    . Over the past 12 months, the number of jobs has risen by 59,700, while the number of unemployed has

    2%
  9. HFSF General Council appoints interim CEO and Deputy CEO

    EconomyBanking

    and Deputy CEO has to be ratified by the Eurogroup Working Group. Stratos is non-executive member..., HFSF has to facilitate and assist the NPL resolution and coordination of stakeholders, to enhance

    2%
  10. Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    funding has been reduced by 43.73 billion euros from the recent peak of 126.57 billion posted... noted, the ongoing reduction in ELA funding balance has a positive impact on Greek banks’ net

    2%