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Should Greece really ask for a debt haircut?
Agora. The euro area seems determined, yet again, to restructure part of Greece’s loans with the aim of annual... hands onto the shoulders of euro area taxpayers. We missed that chance because we did not have any
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Greek deposits fell by 1.4 pct in January amid outflows of 2.3 bln
EconomyMacroeconomyrecorded in December. Total deposits – including euro and non-euro area residents – dropped by 3 billion... incorporates outflows of 674 million from non-euro area residents. Since the end of June 2012, deposit
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyfor the second consecutive month. Total deposits – including euro and non-euro area residents – dropped by 664... also stems from 587 million outflows from non-euro area residents. In contrast, the general
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Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammeprogress in the area of public administration reforms, “in order to improve the quality... Management Agency will offer repos to cover short-term funding gaps. The Euro area Member States
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Greek deposits edge up for second month in April, reach 161.3 bln
EconomyMacroeconomyalso due to increased tax obligations. Total deposits – including euro and non-euro area residents... million and non-euro area residents’ inflows of 574 million. Inflows of 11.7 billion have been
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammefrom having the weakest to the strongest cyclically-adjusted fiscal position within the euro area... of the euro-area periphery. Export underperformance is mainly driven by limited improvements in price
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Deposits rise for third straight month in May, reaching 162.1 bln
EconomyMacroeconomy. In contrast to private sector deposits, total deposits - which also include euro and non-euro area..., while non-euro area residents posted a negative flow of 372 million. The deposit evolution over
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Greek deposits inch up again in June, reaching 163.21 bln
EconomyMacroeconomydeposits - which also include euro and non-euro area residents – rose by 3.56 billion euros MoM to 190.87 billion in June. The positive flow also stems from general government and non-euro area residents
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Greek deposits inch up in July, reaching 163.22 bln
EconomyMacroeconomyarea residents – rose by 1.09 billion euros MoM to 192.7 billion in July. The positive flow also reflects general government inflows of 1.38 billion mitigated by non-euro area residents’ outflows of 496
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomyarea periphery countries such as Spain, Portugal and Italy. Overall, the average rate on new deposits... almost 2 percentage points above those in the euro area. The combination of a 6 percent drop
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