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Tsipras gets no encouragement from lenders, left to consider next move
PoliticsGreek PoliticsFollowing his meeting with German Chancellor Angela Merkel in Berlin on Friday, Prime Minister Alexis Tsipras has a few days ahead to consider what action he wants to take next in what now looks set to be a prolonged negotiation with lenders over the second review. According to reports, Merkel
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomythat the increase in the use of cards has a positive impact on the elasticity of VAT revenues relative
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Poll suggests scepticism about deal with lenders as Tsipras ponders options
PoliticsGreek PoliticsPrime Minister Alexis Tsipras continued to focus on his domestic audience on Tuesday, when he visited Crete to hold a meeting with local farmers, but there is no getting away from the problems facing his government due to the loose ends it has left in its dealings with the institutions
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HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings
EconomyBankingcompares to an amount of 13.49 billion that has been provided for the funding gap of the twelve (non-core
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Deposits edge up to 124.8 bln in Nov on marginal inflows of 12 mln
EconomyMacroeconomy) funding by 2.06 and 1.24 billion respectively. Greek banks’ reliance on Central Bank funding has declined
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Retail sales grow for second straight month in Oct with 1.3 pct rise
EconomyMacroeconomy, the retail turnover in the Greek market has declined by 28.1 percent largely on the back of a similar
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingmanagement has committed to sell its Ukrainian subsidiary and therefore Eurobank operations in Ukraine were
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General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln
EconomyMacroeconomybillion at the end of November, from 6.33 billion at the end of October, while has declined by 397 billion
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomythe imposition of capital controls at the end of June 2015, the time deposit rate has dropped by 110 bps
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Provisions of out-of-court workout bill outlined ahead of submission to Parliament
EconomyProgrammetaxpayers has unpaid tax obligations. Moreover, unpaid social security contributions (above 5,000 euros
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