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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politicsof debt collections to tax administration 6) adoption of legislation to ensure access to medicines... Corporation (PPC) law and clearance of all general government arrears with PPC 6) adoption of legislation
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingof PPI performance are net interest income (NII) evolution and cost containment. NII fell 6 percent.... The quarterly rebound in NII is attributed to Turkey (up 6 percent), while Greek NII eased 1 percent QoQ
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Eurobank reports net loss of 301.1 mln in Q2
EconomyBankingtrend (+0.5 billion). As a result, loan to deposit ratio improved by almost 6 percentage points... at 94 percent. Reliance on Eurosystem funding retreated by almost 6 billion euros since March
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomynarrowed by 6 bps to 1.45 percent in July from 1.51 percent in June, with the year to date drop... almost 2 percentage points above those in the euro area. The combination of a 6 percent drop
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ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
Economyunder pillar III), Greek government bonds (close to 6 billion post PSI and debt exchange in late... Governing Council meeting on November 6. It is expected that any move by the ECB would be closely tied
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammeEurogroup President Jeroen Dijsselbloem announced after the November 6 Eurogroup that “there is a strong support for a precautionary credit line in a form of Enhanced Conditions Credit Line (ECCL... of strike framework to European standards. 5) Justice system reform. 6) Restructuring of hospitals
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Contraction in Greek credit eases slightly to 3 percent in November
EconomyMacroeconomyadditions in corporate lending for the second month in a row, albeit only marginal (6 million... marginally positive at 6 million in November from net additions of 209 million in October. The growth
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Bookies' odds against SYRIZA emerging with majority from Sunday's elections
PoliticsGreek Politicsin Parliament, which are seen by bookies at 6 or 7 with a marginal deviation among the two options. In particular, odds for 6 or 7 parties stand at 2 and 2.10 respectively, while those for 8 or more
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Greek credit contracts by 3.1 pct in December
EconomyMacroeconomyconsecutive month and landed at 212.04 billion at the end of December implying a drop by almost 6 billion... inflows of 6 million in November. Loans to sole proprietors slipped by 0.3 percent in December
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomyand tobacco (-6 percent), pharmaceuticals products and cosmetics (-5.2 percent) and automotive fuel (-4.9... and electrical and household equipment plunged 53.5 percent over the past 6 years, followed by retail sales
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