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  1. Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
    Photo by Harry van Versendaal

    Economy

    . The key changes relate to: 1) Total consumption, lowered by 4 billion to 160.39 billion 2) Change

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  2. Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
    Photo by MacroPolis

    EconomyBanking

    November 4. Note though that meetings of security holders are scheduled on November 6 and subject

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  3. Newsletter 47 - 16/10/2015

    Newsletters

    , particularly for 2015. Eurobank Economic Research projected that GDP would contract 4 percent QoQ

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  4. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    corresponds to lower imports by 4 billion. At the same time, exports fell by 5.8 percent or 1 billion. BoG

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  5. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    outflows also led to increased dependence on Eurosystem funding by 4 billion euros to 27.6 billion

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  6. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    , while those from Germany and France recorded a slower growth, up 10.2 and 4 percent respectively

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  7. Bailout review resumes in Athens but substantial gap remains

    PoliticsGreek Politics

    with income criteria. 4) Insist on lower pension replacement rates, particularly for those with less than

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  8. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    of 446 million) 3) Grants to hospitals (at 37.9 percent of the FY target of 1.16 billion) 4

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  9. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    by a total amount of 4.1 billion to 86.9 billion on October 22 for a 2-week period until November 4

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  10. Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
    Photo by MacroPolis

    EconomyBanking

    to commence on or about November 4 and last until November 11. Piraeus initiated Greek banks’ LMEs

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