Search
-
Newsletter 256 -03/07/2020
the end of the lockdown in May, and 53 since the beginning of June, averaging at three per working day... to the adverse scenario. The ability of the banks to provide credit to the companies and households due... plans in terms of timing and loan perimeter. 2 Economic sentiment at 87.6 in June Consumer confidence
8% -
What capital controls will mean for Greek banks, customers and the economy
Economyamong these was the declaration of a bank holiday from June 28 until July 6 and the imposition... of up to 840 million euros. · Transactions with credit or debit cards without any new restriction other... onshore i.e. credit of accounts held within Greece. · Transactions via prepaid cards up to the limit
8% -
Newsletter 93 - 21/10/2016
Greeks give him credit for being stubborn The government continues to try to cultivate expectations...’s lending survey that showed credit standards and demand for both corporate and household loans... revealed that credit standards and demand are expected to remain broadly unchanged QoQ in Q4. Discussions
8% -
BoG highlights areas of concern in underlying NPE data
EconomyBankingand dynamics of the most challenging legacy that the crisis has left for the country’s credit institutions... assets standing at under 89 billion euros in the end of June this year, from a figure that was well in excess of 100 billion in the end of 2016. The NPE ratio at the end of June stood at 47.8 percent
8% -
Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesgoing sour as banks continued to issue credit. As the Greek financial crisis escalated and incomes contracted, the seven-and-a-half years to June 2016 saw a seven-fold increase in the volume of loans... introduced the concept of specialist licensed credit servicing firms (CSFs) tasked with actively managing
8% -
Newsletter 121 - 02/06/2017
Federation of Enterprises (SEV) what kind of deal he might be willing to accept at the June 15... Tsipras and other key officials, such as Finance Minister Euclid Tsakalotos, have suggested With June... to the European Council on June 22 even though there is no precedent to suggest this would have any
8% -
About to soar? Greece's economy still needs to be handled with care
Agora. Industrial turnover in June rose by 8.1 percent for the eighth-successive month with most of the gains... at a slower pace by 2.3 percent. Although slowing from May, industrial production in June rose for a ninth... month of improvement. In June, retails sales continued climbing for a sixth successive month
8% -
Government's strategy unclear as pressure from lenders mounts
PoliticsGreek Politicsin the International Monetary Fund spring meetings. He is due to meet US Treasury Secretary Jack Lew, who
8% -
Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders
PoliticsGreek PoliticsSecretary Jack Lew and International Monetary Fund managing director Christine Lagarde both urged
8% -
Greek stocks rebound for second straight week and edge up 2.5 pct
Economy. However, later in the week the US Treasury Secretary Jack Lew noted after a meeting with Greek
8%