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  1. Greek deposits slip in October as credit also contracts by 3.9 pct

    EconomyMacroeconomy

    . Although some (10.87 billion) of total deposit outflows of 89 billion until June 2012 have returned... trimming deposit balances in the next months until recession bottoms out and the long-awaited growth

    3%
  2. After Q3 results, what next for Greek banks?

    Agora

    until 2017 based on a downward adjustment of pre-provision profitability (defined as income minus... is dependant on the troika’s latest macro forecasts, while the adverse assumes a GDP contraction until 2015

    3%
  3. Europe missed an opportunity on banking union
    Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]

    Agora

    this and their supervision will be carried out by national authorities. However, until now the biggest problems have... euros. Until then, national resolution funds will be able to call on the funds of other member

    3%
  4. New data shows 6.2 pct of Greek labour force in gray area
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Three new indicators released on Monday by the Greek statistical authority, ELSTAT, paint an even grimmer picture of Greece's labour market than the one most experts had considered until now... and suggest that the problem is bigger than most analysts had realised until now.

    3%
  5. Greece in 2014: The risks and opportunities of moving forward

    Agora

    focused on the first six months of the year, until the political authorities hand over the presidential... focusing on fiscal austerity measures to sustainable growth and job creation. Until then the Greek

    3%
  6. Polls turn in SYRIZA’s favour but also show that doubts persists

    PoliticsGreek Politics

    Two opinion polls on Sunday gave SYRIZA a lead over New Democracy, making it four surveys in a week that have placed the leftists in pole position with four months left until Greeks vote in local... that these discussions will not take place until the summer, after the European Parliament elections

    3%
  7. Greece and troika: Bailout tranche, funding gap and debt relief still pending

    PoliticsGreek Politics

    redemptions to make until May 20, when 4.2 billion euros worth of bonds held by the European Central Bank... that discussions about reducing Greece’s debt will not begin in earnest until the summer. This means

    3%
  8. Where Greek banks stand ahead of capital needs disclosure
    Photo by Harry van Versendaal

    Economy

    not been yet specified, it is expected to take place in the next two weeks (i.e. until the end... in their business plans until 2017. The capital needs will reportedly be based on the baseline (rather than

    3%
  9. Greek deposits fell by 1.4 pct in January amid outflows of 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    the beginning of 2010 until June 2012, when the last general elections were held. The bulk of deposits... in the third quarter of 2013. This trend will most likely continue until the recession bottoms out

    3%
  10. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    generation (operating income minus operating expenses) of Greek banks will reach 10.34 billion until December...), cumulative provisions until June 2013, CLPs and internal capital generation from the target core

    3%