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Tsipras gains backing for 'social dividend,' sees poll gap narrowing
PoliticsGreek Politicsand that the plans for the so-called “social dividend” had been carefully thought through in the previous weeks... to claw back the large difference that New Democracy built in the opinion polls over the previous months... stands at 28.5 percent, while SYRIZA is on 19 percent. The previous survey conducted by Pulse, in May
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Newsletter 140 -17/11/2017
SYRIZA is on 19 percent. The previous survey conducted by Pulse, in May, put the conservatives on 30... percent). Apartment prices fall by 0.6 in Q3 Compared to the previous quarter, apartment prices contracted... in Q2 2017, Bank of Greece (BoG) data showed. Compared to the previous quarter, apartment prices
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NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBanking, slowing from the previous quarter’s decline of 300 million. Overall, the parent NPE stock came to 18... in the previous quarter. Having reduced its NPE stock by 3.5 billion so far, beyond the target for 2017, 4.9... compared to the previous quarter. The total Greek loan yield fell slightly to 388 bps from 393 bps
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingin the previous quarter. Since the NPE target for the end of the year stands at 25.1 billion..., unchanged from the previous quarter. Broken down by segment, gross non-performing loan (NPL) formation... in the previous quarter, and 169 bps a year ago. Balance Sheet Eurosystem funding fell by 3.4 billion QoQ
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomyquarter (Q3) of 2017 after an upwards revised increase of 0.8 percent in the previous quarter... a drop of 0.1 percent in the previous quarter. The Q3 headline figure is the first back-to-back... percent QoQ following a downwards revised drop of 15.4 percent in the previous quarter. Gross capital
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Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
EconomyMacroeconomyby 0.5 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed...-working days (holidays, national holidays and maternity leave). Compared to the previous quarter... the positive trend of the previous two quarters. The annual decline is the largest since Q2 2015
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Newsletter 145
euros. As with previous months, the travel balance was the main driver behind the improvements... 11.1 pct in October Headline figure reverses decline of previous month to put industrial turnover... of the previous month, which was the first time since October 2016 that the index had fallen
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Unemployment rate at 20.9 pct in November, slight upward revision for October
EconomyMacroeconomyon Thursday. In November, a decrease of 9,659 people employed was noted versus the previous month... against the previous year, and is the fourth consecutive month since October 2011 where the total... unemployment rate at 26 percent, increasing from the previous month’s rate of 25.8 percent. The lowest
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Parliamentary inquiry to handle bribery claims as parties build differing narratives
PoliticsGreek Politicsin previous days. The prime minister also decided to focus on the political, rather than criminal responsibility, of previous governments. He said the inquiry and the courts should decide if any... political responsibility for waste and corruption in the health sector over previous years. He tied
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Greece reaches for its pills
Agorato concur that there had been waste and overspending in healthcare in the previous years. Samaras... of the strain. If so many previous ministers and governments knew what had gone on, why did none of them try... this? If there is anything useful to come out of the Novartis probe (given the track record of previous
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