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A third of Greek homeowners fear losing their properties in 2014
SocietyRoughly one in three Greeks fears losing their home in 2014 despite the restrictions on foreclosures the government has kept in place for the New Year. As of January 1, Greek banks have more leeway... 1 million Greek households are paying mortgages, meaning that 168,000 owners are failing to pay
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C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight
EconomyMacroeconomyby the BoG, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2... published on December 17, point to a surplus of 1 percent of GDP in 2013 for the first time in Greek
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Spain’s economic recovery languishes amid graft scandals
Agorathe 0.5 percent rate calculated by the European Commission but lower than the 1 percent estimated...” in implementing reforms and adjustments that have triggered “enough dynamism” for growth of 1 percent of the GDP
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C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomyof between 1 and 2 percent of GDP in 2013. The BoG’ estimates included in its interim report on Monetary Policy published on December 17, pointed to a surplus of 1 percent of GDP in 2013, rising to about
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Buoyed by troika deal, Greece aims for rapid return to bond markets
Economy) but after the Eurogroup decision on the disbursement of the next tranches (April 1) and new reviews from... Eurogroup on April 1, the expected start of debt relief negotiations with international creditors
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economyon March 11, stand 1 billion above 2-month targets, despite a shortfall of 124 and 144 million... was 1 billion above the target. Revenues excluding tax refunds rose 8.8 percent in February
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Social support in Greece not adequate enough to deal with crisis, says OECD
Societythe attention of Greece and its lenders: 1) The major decline in household income Total household income... has nearly doubled since 2012 as many as 1 in 5 Greek working-age adults now live in a household
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Greece exceeds expectations with first return to bond markets after four years
Economy. This meant there was a sharp yield decline of 1 percentage point in February and March, whereas the yield... to around 1 to 1.5 percent, which would translate into annual cost savings of around 200 million euros
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National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingbillion granted to the Greek state in 2009. These shares are eligible as Core Tier 1 (CT1) capital under.... Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land
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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomythe latter incorporates a rise in tourist arrivals by 10.2 percent, The year-to-date C/A deficit stood at 1... forecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point
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