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Stocks up by 4.7 pct, rising for third straight week
EconomyDevelopment (-1 percent). The trading volumes remained at high levels for the second week in a row..., with inflows of 12 million euros following outflows of 37 million in the previous month. Overall... date is on May 17. Mytilineos and METKA said they will hold their AGMs on June 1 to approve
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Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomyamount of the IMF loans to Greece stood at almost 12 billion at the end of March. Overall, FSM loans..., while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 11.9 and 8.9
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ESM approves next bailout tranche, providing Athens with some relief
PoliticsGreek Politicsthat the second payment would "be made after 1 September 2017 subject to Greece making significant... Panos Kammenos’s intervention in the Noor 1 drug smuggling case and comments made by Finance Ministry... to be held immediately or within the next 12 months. The lack of optimism among Greeks was also
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Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomyto May, to total 1 million in June. The labour force rose slightly to 4.8 million in June, representing the highest reading for the year so far. Over the last 12 months, the jobless rate has been... at 961,000, going below the 1 million mark for the first time since October 2011. Those employed rose
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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgrammeobligations. The process of applications for the social dividend is about to be completed by December 12... of 1 percent of GDP in 2019-2022 and a personal income tax reform to be implemented in 2020 and delivering net savings of 1 percent of GDP in 2020, 2021 and 2022 The pensions and income tax reforms
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The gruelling final straight of Greece's bailout
Agora, this turns into an academic debate. Firstly, the precautionary credit line can only be offered for 12... for incomes (worth an amount equal to 1 percent of GDP) has to be implemented in 2019, rather than 2020... lined up for 2019 (also 1 percent of GDP). European Economic Affairs Commissioner Pierre Moscovici
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBanking, impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from... to around 50 percent. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, up by 51... (-12 bps). The bank noted that their tangible book value stood at 9.2 billion euros, which remains
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Newsletter 166 -15/06/2018
percent), Epirus (-20 percent) and central Macedonia (12 percent). For the first three months from... under 1 percent. Compared to the previous quarter, apartment prices fell by 0.3 percent versus a rise..., bringing the total for employed to 3.7 million. The number of long-term unemployed (over 1 year
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammein the latest baseline scenario is seen levelling off at 1 percent in the long-term, which translates... not allow for optimism regarding real long-term growth in excess of 1 percent. Privatisation proceeds... debt obligations, which will draw the cash balance down to 12 billion euros by 2022. Based on those
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Newsletter 168 -29/06/2018
unpopularity but also because it does not have more than around 12 months in power left. The political... is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal..., the corporate lending balance was negative by 169.2 million, recovering from a negative figure of 1
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