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Tsipras faces heavy lifting to finalise deal and get party approval
PoliticsGreek PoliticsSeptember), cutting VAT on electricity bills from 13 to 6 percent, reducing VAT on basic food products... January 1, 2019. The relief measures pursued by the Greek side will only be implemented if the primary
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Institutions back in Athens to resume review, agree new measures
EconomyProgrammeto 13 percent) and energy (from 13 to 6 percent). The IMF recently noted that the reduction... of 24 percent by 1 percentage point. On the issue of the new privatisation and investment fund (HCAP
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Stocks dip by 0.2 pct, lack of trading activity continues
Economydrops were recorded by Piraeus Bank (-6 percent), Eurobank (-4.8 percent) and National Bank – NBG.... The bank expects the transaction will slightly enhance its third-quarter pro-forma Common Equity Tier 1
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Fraport reveals airport plans as major privatisation overcomes obstacles
Economy, while its total investment is seen close to 1 billion euros. This includes additional maintenance... the Development Ministry’s Public Financial Services and General Commercial Registry on March 6
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Deposit outflows continue in Feb but slow to 750 mln
EconomyMacroeconomyat 1 billion over that 3-month period. It is worth noting though that compared to the respective... respectively for the second straight month, while time deposits recorded marginal inflows of just 6 million
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What Dijsselbloem didn't say
Agoraof around 6 percent of their GDP. A deficit in any country requires a surplus in another to finance..., the euro area’s overall current account “stayed moderately positive,” never exceeding 1 percent
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomy, the corresponding volume edged down by 0.1 percent in January following a decline of 1 percent in December... sales not in store (+6 percent) and books, stationery and other goods (+3.5 percent). Slower
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CPI increases by 1.6 pct in April
EconomyMacroeconomy, while the goods’ index grew by 2.1 percent and the services’ index rose at a slower rate of 1 percent... services fell by 6.2 percent, pharmaceutical products by 6 percent and car insurance by 5.2 percent
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Newsletter 118 - 12/05/2017
time deposit rate edged down 1 basis point (bp) to 0.66 percent in March, Bank of Greece figures... successive month by 6 bps to 4.47 percent, which is a new record low since 2002. The employment balance
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Newsletter 120 - 26/05/2017
to meet debt repayments in July of over 6 billion. Given that the parliaments of Germany, Finland...) in the first quarter of 2017, following an upwardly revised drop of 1 percent in Q4 2016, BoG data
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