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Tsipras focuses on debt relief goal as review resumes in Athens
PoliticsGreek Politicspercent above the market value. The premier argued that both investments, as well as the one for the 14... 2 percent of GDP, the changes to labour legislation and the sale of 40 percent of the Public Power
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Newsletter 116 - 28/04/2017
Tsipras conducts an official visit to China on May 14 and 15. It is possible that the vote... and lower agricultural subsidies. 2 Increase in new tax debt eases in February Total stock of overdue
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Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBankingpast due over 90 days stood at 40 percent, BoG said. Furthermore, 14 percent of NPEs (15.2 billion... in the previous year, and largely relate to denounced corporate loans of 2 billion. In Q1 2017, write-offs stood
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBanking. Provisions are seen close to 1 billion in 2017. Balance Sheet Eurosystem funding fell by 2 billion... improved by 70 bps QoQ to 17.9 percent benefiting from the period result (14 bps), the revaluation
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Labour market reforms did exactly what they were supposed to
Agorabelow 20 percent of GDP, mostly boosted by tourism and shipping, while exports of goods were just 14... under 540,000, up by almost 124,000. Hirings for only 2 to 4 hours weekly have doubled, the biggest
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Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
EconomyMacroeconomy’ repayments of 1.71 billion, of which 14 million euros were paid during October. The figure also.... As noted previously, this year’s figure includes a one-off item of around 2 billion euros related
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Newsletter 142 -1/12/2017
Nea newspaper over the weekend, showed PASOK and Potami gaining a combined 14 percent of the vote... of it preventing an SLA being concluded. 2 Primary surplus at 5.33 bln in October Headline figure beats
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HRADF outlines major privatisation plan, no timelines given
EconomyProgrammedevelopment plan covers 19 privatisation projects, including 14 regional airports, Hellenikon, DESFA... International Airport, DEPA and DESFA, which in total reach almost 2 billion euros. Although a relatively
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomy. On an aggregate basis, exports increased by 14 percent to 25.38 billion, while imports rose by 13.2 percent... by a fall of 2 billion in non-residents holdings of Greek government bonds and T-Bills. Reserve assets fell
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IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
EconomyProgramme, the Greek economy is expected to grow by 2 percent in real terms this year and 2.4 percent in 2019... further from 20 percent this year to 14 percent in 2023. However, there is a combination of external
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