Search
-
Outline of fiscal mechanism for automatic cuts emerges after Eurogroup
EconomyProgrammeThe outline of the mechanism that will trigger automatic fiscal interventions to ensure Greece’s programme is on track has emerged following Monday’s Eurogroup in Brussels. It appears that the mechanism will be based on the Greek side’s proposals and will mean that Athens will not have to legislate
2% -
Eurozone sets out proposals for staggered debt relief for Greece
EconomyProgrammethe variable rates on the loans it has made to Greece to fixed ones. According to the ESM’s debt
2% -
Decline in CPI slows slightly to 1.3 pct in April
EconomyMacroeconomyand footwear. Prices in all other sector posted marginal changes. Greece has experience deflation
2% -
Greek stocks jump 2.8 pct during week on improved market sentiment
Economythat PPC has been removed from its Greece Standard Index. Next week, Eurobank releases its Q1 results
2% -
Coalition prepares final legislation for review, opposition expects no upsets for now
PoliticsGreek Politicsvoters to realise what their impact will be before it seeks to push for power. It has been suggested
2% -
Nine in 10 Greeks under 30 feel marginalised due to crisis
SocietyOver nine in ten young Greeks aged 16–30 feel marginalised in their own country due to the economic crisis, with 43 percent feeling they need to move to another EU country to study, train or work, a Eurobarometer poll, commissioned by the European Parliament, has found. In the highest figure
2% -
Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomyindirectly linked to housing prices, has plummeted by around 80 percent over the last seven years
2% -
Central government debt edges down to 321 bln in Q1
Economyin Q4 2015. Around 80 percent of Q1 outstanding debt has a residual maturity of more than 5 years
2% -
Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBanking. It is worth noting that the bank has eliminated the use of pillar II bonds since the end of April
2% -
Government faces tight schedule for amendments to bailout legislation
EconomyProgrammeGreece has a matter of days to fulfil the remaining conditions set out by the Eurogroup last week before the disbursement of 7.5 billion euros of the second tranche under the European Stability Mechanism (ESM) programme totalling 10.3 billion. The Eurogroup outlined the pending prior actions, which
2%