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European Commission review of Greek programme: The key points
EconomyProgrammediscovered tax refund arrears would be cleared in 2015 on top of the 8 billion originally foreseen... and local governments. Furthermore, out of the 8 billion euros of past years’ arrears due to be paid last
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PASOK's future hangs in balance as Greece prepares for EU vote
PoliticsGreek Politics. Opinion polls over the last few days have suggested that Elia will gain between 5 and 8 percent... for @EFSYNTAKTON(#EP2014): SYRIZA 30, ND 27.5, Olive Tree(PASOK) 8.5, GD 8, KKE 6.5, ToPotami 6.5, IndGreeks
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomyon new deposits fell 8 bps to 1.51 percent in June from 1.59 percent in May. The movement in the new loan.... The combination of an 8 and 54 bps drop in the average deposit and loan rates, led the average spread
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomyexhibited a marked rise of 8 up to 35 bps. In contrast, lending rates to sole proprietors marginally... rate by 8 bps to 1.66 percent. In contrast, the respective loan rate eased 5 bps to 5.43 percent
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomy, the performance of 8 services had been in negative territory. The highest drop in Q2 was displayed...) and advertising and market research (down 8 percent). In contrast, 3 services posted a meaningful rise
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Greek economic sentiment and consumer confidence fall for third month in a row
EconomyMacroeconomypositive showing an improvement of circa 8 points over the 91.4 recorded in December 2013... to -47.7 in June recording a cumulative drop of 8 points thereafter. Nevertheless, the balance since
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ECB stress tests and what they will mean for Greek banks
Economyprovisions. A capital benchmark of Common Equity Tier 1 (CET1) of 8 percent was set for this pillar... was set at CET1 of 8 percent for the baseline and 5.5 percent for the adverse scenario. The aggregate
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ECB tests find negligible capital shortfalls at Greek banks
Economy. The first is an Asset Quality Review (AQR), with a capital benchmark of Common Equity Tier 1 (CET1) of 8...) and uses both a baseline and an adverse scenario. The capital benchmark was set at CET1 of 8 percent
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Troika piles pressure on coalition by insisting on key actions to conclude review
PoliticsGreek Politicsby the December 8 Eurogroup or the December 18 European Council at the latest. European Stability..., Deputy Premier Evangelos Venizelos insisted that the December 8 target is achievable. He said
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomyΤhe number of building permits issued in Greece fell at a faster pace in August, dropping by 19.9 percent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT... decrease (-8 percent). The breakdown of the 8-month figures showed a high deviation among the 13
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