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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomyto the PBO, the agreement reached in the Euro Summit on July 12 is a roadmap towards a new agreement... by the opposition parties. The July 12 agreement is characterized by an apparent intrinsic asymmetry... Directive (BRRD). From an institutional point of view, the July 12 agreement is equivalent
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Newsletter 51 - 12/11/2015
on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion... an initial indication on November 3, Eurobank announced on November 12 that it has received... and, thus, avoid any official capital support. NBG announced on November 12 the results of its LME
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As Greek leaders mull position on refugee crisis, EC sets out timetable of targets
PoliticsForeign Policythe next few months in order to comply with the Schengen area rules: 12 March 2016: Greece should... in the implementation of the Commission's recommendations of 24 February 2016. 12 April 2016: after... within days after the visit. 12 May 2016: at the latest by this date, Greece has to report
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Newsletter 77 - 10/06/2016
percent of those investments will be implemented within 12 years, instead of 15 years foreseen... since June 2010. The aggregate figures for the 4-month period point to an increase of 12 percent... stood at 3.62 and 1.15 million, respectively. Over the last 12 months, 87,300 jobs have been added
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingat the end of 2015, 12 billion will be restructured, while sales, liquidations and write-offs... million on the back of lower pillar II costs, while insurance income almost halved QoQ to 12... employees. Impairment losses dropped by 12 percent QoQ to 182 million with the cost of risk (over net
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Newsletter 126 - 07/07/2017
a year and leading to a fall in the rate of unfinished work. Looking forward for the next 12 months... by 1.9 percentage points over the last 12 months The number of unemployed fell by 12,900 compared... November 2011. Over the last 12 months, the jobless rate has been reduced by 1.9 percentage points
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesthe performance of almost 140 countries against 12 pillars of competitiveness. It assesses the factors... that the country lags behind in nearly each of the 12 pillars of competitiveness. A predictable mix... of the 12 pillars, a further breakdown of the results showed the areas in which Greece performs well
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Economic sentiment drops in March after reaching recent high, consumer confidence stable
EconomyMacroeconomy, although 1.5 points below the December 2017 reading. Over the last 12 months, ESI has improved... is one of the most improved sentiment indicators over the last 12 months, having recovered by nearly 20..., settling at 17.7, up by 8.8 points over the last 12 months. Retail trade dropped marginally by 0.6
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesadds supply to the market without disrupting it. In total, around 96,000 beds or 12 percent... by 12 percentage points in 2012. Five star hotels show a disproportionately higher investment per bed... on main destinations. A further 12 tourist projects have been included in the Fast-Track process. However
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Newsletter 238 -07/02/2020
their books by securitisations that use about 12 billion euros of state guarantees... gross book value of 12 billion euros. Up to 3.7 billion euros in guarantees will be used by the bank... on corporate loans without a defined maturity increased by 12 basis points to 3.58 percent.
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