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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeThe safeguarding of financial stability is one of the pillars of Greece’s third programme and the Supplemental Memorandum of Understanding (sMoU) has a section dedicated to the banking sector, with the focus on the secondary market for Non-Performing Loans (NPLs), debt restructuring and insolvency
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Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln
EconomyMacroeconomyperiod in 2017, despite a decline of 18.1 million QoQ. Overall, KEAO has collected revenues of 3.16
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Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
EconomyMacroeconomyin the system has been shaken and most respondents were not optimistic about the complete lifting
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Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
EconomyMacroeconomyrose by 11.8 percent while volume rose by 4.2 percent. Greece’s construction sector has remained
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Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
EconomyMacroeconomythat the privatisation target has been exceeded. The figure for the same time last year was 963 million. As mentioned
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April current account deficit at 1.34 bln as goods deficit grows
EconomyMacroeconomy(YoY), the headline figure has worsened by 838.2 million. The main driver behind the reduction
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Name deal set to be key factor in determining lifespan of SYRIZA-ANEL coalition
PoliticsGreek Politicson the same day that the prime minister has no intention of asking for a qualified majority
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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammeto be repaid in full by 2024. Greece has repayments totalling 4 billion euros to make to the Fund
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May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
EconomyMacroeconomyrepresent the first time this year that the privatisation target has been exceeded. The figure
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Tsipras aims to capitalise on debt deal as election talk is revived
PoliticsGreek Politics. Speculation has already begun regarding next year’s pension cuts. The local media reported on Monday
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