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  1. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    has nearly doubled since 2012 as many as 1 in 5 Greek working-age adults now live in a household... the attention of Greece and its lenders: 1) The major decline in household income Total household income..., reducing potential future economic growth and further accelerating population ageing.” 5

    8%
  2. National Bank follows other Greek lenders' by opting for capital increase
    Photo by MacroPolis

    EconomyBanking

    billion granted to the Greek state in 2009. These shares are eligible as Core Tier 1 (CT1) capital under.... Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land... compared to 12 percent for the banking index and 5 percent for the Greek stock market. Reports also

    8%
  3. Greek central government debt rises to 322.4 bln in Q2

    Economy

    exceeding 5 years, while the remaining 21 percent is equally split between short (up to 1 year) and medium (1 to 5 years) term debt. Greece’s cash deposits rose by around 1.5 billion euros

    8%
  4. Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership

    EconomyMacroeconomy

    hiked by an additional 45 bps. During the Greek crisis, the time deposit rate peaked at 5 percent... maturity for amounts above 1 million euros. A similar drop was also evident in November. As a result... 250,000 and 1 million euros). In the household lending segment, the housing loan rate reversed

    8%
  5. Greek central gov't debt rises to recent high of 181.1 pct at end of Q4 2014

    EconomyMacroeconomy

    percent of outstanding debt has a residual maturity of more than 5 years, while the remaining 23 percent is almost equally split between short (up to 1 year) and medium (1 to 5 years) term debt. Greece’s

    8%
  6. Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    for an amount of 5 billion euros. The respective BoG letter to the ECB concerned the four systemic... government-guaranteed bank bonds would not qualify for ECB funding eligibility as of March 1, 2015... bonds (that would previously be non ECB eligible as of March 1) as well as pillar III bonds, Greek

    8%
  7. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    interest income (NII) grew 5 percent QoQ to 821 million with Greek NII posting a higher improvement (+7... deteriorated by almost 5 percent points (pps) QoQ to 60.1 percent in Q4. However, the respective... ratio at 45 percent. Gross loans rose by almost 1 percent QoQ and 2.7 percent YoY to 72.1 billion

    8%
  8. Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds

    Economy

    of outstanding debt has a residual maturity of more than 5 years, fully attributed to FSN loans, while 13 percent is in short-term (up to 1 year) and 11 percent in medium-term (1 to 5 years) debt. Greece’s cash

    8%
  9. Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions

    Economy

    of Q3 outstanding debt has a residual maturity of more than 5 years, mostly due to FSM loans, while the remaining 21 percent is almost equally split between short-term (up to 1 year) and medium-term (1 to 5 years) debt. After reaching a record low of just 77.3 million at the end of June, Greece’s cash

    8%
  10. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    (PIB) revenues, which grew by more than 1 billion euros from last year, coupled with an increase... in both direct and indirect taxes by 5 and 5.4 percent respectively. In detail, income tax fell by 4.7... property tax (ENFIA) in the 2-month period, but MoF stressed that ENFIA revenues (paid in 5

    8%