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Greek credit contracts by 2.4 pct in April for slowest drop since 2011
EconomyMacroeconomyfell at a decelerating pace by 2 percent to 101.73 billion. Net deductions slipped to 261 million... loans (-14 percent), while loans to corporates and sole proprietors fell by almost 18 percent. Credit
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Industry turnover down by 2.3 pct in April for sixth straight fall
Economya double digit rise of 14 percent, yet it makes up just a fraction of the total turnover. Following April... by 2 percent. The breakdown of the April headline figure by region displayed mixed trends for yet
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammesubsidies will be eliminated in the next 14 months. On VAT, the Greek request for lowering the rate on beef... government bonds held by the ECB that mature on August 20. 2) An initial amount of 10 billion euros
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The ins and outs of the Greek bank recapitalisation process
EconomyAs the dust settles from Greece’s whirlwind agreement with lenders in August, attention is falling on the recapitalisation process for Greek banks. The Eurogroup statement of August 14 sprung... for the stress tests (under the baseline scenario) while the final templates are due by 2 September. Regarding
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Greek QE eligibility? We're not there yet
Agorafunding. Draghi confirmed that the ECB insisted during the last Eurogroup on August 14 that any bail... remaining maturity of 2 years and a maximum of less than 31 years. This maturity range is applied
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyfollowing the redemption of GGBs held by the ECb of a similar amount. 2) A marked rise in repos by 6.36... guarantees continued heading north increasing by another 14 billion euros in July to 125.46 billion
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Greece failed to improve economic competitiveness in 2014, WEF report shows
Economyeurozone countries, still represents a loss of 14 places since 2008. The breakdown... place), which make up 50 percent of GCI, and 2 slots in basic requirements (74th). However, its
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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgrammethat the next sub-tranche of 2 billion euros would be disbursed by the end of October, his statements... on October 31. The Eurogroup statement of August 14 stressed that the second tranche of 15 billion euros
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Coalition in rush to wrap up pending bailout issues
EconomyProgrammeAhead of Monday’s Eurogroup, the Greek government seems willing to accelerate its efforts to close some key pending issues that could unlock the disbursement of the next sub-tranche of 2 billion... agreement for 14 regional airports with a consortium led by Fraport. The Hellenic Republic Asset
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economyof 2 percent in 2016, while a strong double-digit rebound of 14.7 percent in forecasted in 2017.... However, the financial envelope of 25 billion euros corresponding to 14 percent of GDP
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