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  1. BoG cautions on impact of tax rises, updates on rising NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    target of 3.5 percent could be reduced to 2 percent after 2018, which is consistent with debt..., with the non-performing loan (NPL) ratio increasing by almost 2 percentage points in the course

    8%
  2. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    to 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18... decreasing 5 years after the end of the programme leading to an overall average primary surplus of 2

    8%
  3. Minor changes in Greek deposit and lending interest rates in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek households’ new time deposit rate slightly eased for the fifth straight month in May, when they fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG... with a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2

    8%
  4. Newsletter 81 - 08/07/2016

    Newsletters

    deposit rate eases Greek households’ new time deposit rate fell by 2 basis points to 0.85 percent in May.... The headline figure is the lowest since Greece entered the eurozone in 2002. 2 Privatisations can be win-win

    8%
  5. Newsletter 84 - 29/07/2016

    Newsletters

    in the first six months. On the same day, the BoG said that credit contraction remained stable at 2 percent.... 2 Time to think outside the box Greece needs a robust media watchdog and ethics code

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  6. Can Greece learn to love renewable energy?

    EconomyFeatures

    /uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas... and sixth in the world, and it is estimated that their supply will last for around 45 years.[2] Around half...&language=en-US [6] http://energytransition.de/2016/06/the-evolution-of-renewable-energy-sources-res

    8%
  7. Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , largely attributed to lower expenditure (2 billion below target) and higher than expected revenues... expenditure increased by 4.1 percent to 22.31 billion in the 7-month period and remains more than 2

    8%
  8. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    . This was a product of a 4 percent decline in expenditure per trip and a 2 percent fall in arrivals... percent from the United States to 313 million. The number of inbound visitors in June dropped by 2 percent

    8%
  9. Newsletter 86 - 26/08/2016

    Newsletters

    in June, reflecting a drop in foreign arrivals by 2 percent to 2.97 million and in the average... of Greek debt. 2 A harsh social reality Greece's economic and social deterioration can no longer

    8%
  10. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    billion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... figure also increased by 4.1 percent to 22.32 billion, still remaining 2 billion lower than target

    8%