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Greece prepares for a 3-year benchmark bond issue
EconomyThe Greek Finance Ministry confirmed on Wednesday that it has mandated international banks for a forthcoming 3-year benchmark bond issue under English law. According to the announcement, the transaction is expected to be launched and priced in the near future subject to market conditions. Press
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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
EconomyFollowing Wednesday’s press release revealing that Greece has mandated international banks for a benchmark bond issue, the Finance Ministry (MoF) announced on Thursday that Greece sold a 3-year bond in a principal amount of 1.5 billion euros at a yield of 3.5 percent. The amount of the syndicated
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Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomyof the year, Greek banks’ Eurosystem funding has been reduced by 28.06 billion euros, reflecting
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Greek deposits inch up again in June, reaching 163.21 bln
EconomyMacroeconomydeposit flow so far in 2014, Greek banks’ Eurosystem reliance has declined by 28.1 billion in the 6-month
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Stress mounts ahead of ECB's tests on Greek banks
EconomyA report over the weekend suggests that the Greek government has expressed concerns to its eurozone partners and the European Central Bank about the imminent stress tests on local banks. Kathimerini newspaper reported on Sunday that Greek Finance Minister Gikas Hardouvelis warned his eurozone
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomythat the unemployment rate has started showing a downward, yet weak, trend. Nevertheless
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Greek PMI falls again in July, dropping to 48.7 points
EconomyMacroeconomy,” according to Markit analysts “Back-to-back decreases in order intakes has ended the sector’s all
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Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomyThe drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent in July from 1.1 percent in June, according to the Hellenic Statistical Authority (ELSTAT). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been
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Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
EconomyMacroeconomypercent) was posted in 2011. In the past two years, the rate of decline has decelerated below
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomythat the government has paid previous years’ arrears of 435 million in the first half of the year, while
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