Search

Results 731 to 740 out of 4006. RSS
  1. Greece said to eye exit plan with precautionary support but no new MoU
    Photo by MacroPolis

    EconomyProgramme

    existing European Stability Mechanism (ESM) credit lines - precautionary conditioned (PCCL... a precautionary support rather than a credit line and would be available to Greece whenever the country cannot gain market access. According to the government plan, this special credit line would not require

    8%
  2. Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    precautionary credit programme. The bank's governor Yannis Stournaras also highlighted on Monday his concern... (NPL) ratio rose to 34.1 percent at the end of June from 31.9 percent at the end of 2013 indicating... displayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from

    8%
  3. Bank holiday to end but capital controls remain and some transactions forbidden
    Photo by MacroPolis

    Economy

    closed for 3 weeks (since June 29). Over that period, around 1,000 branches were operating mostly... credit or prepaid cards in Greece or abroad are forbidden. · Money transfers abroad are forbidden including use of credit, prepaid or debit cards for cross country payments. · The use of credit or debit

    8%
  4. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    of June. Core pre-provision income (PPI), which excludes trading income, eased 0.5 percent quarter... and commission income increased by 2.1 percent QoQ to 80.2 million, largely on increased usage of credit... credit recorded a negative NPL formation for the second straight quarter, of -18 million in Q2. The NPL

    8%
  5. How 'clean' can an exit be? Athens snared between Rome and Berlin
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    a precautionary credit line (PCL) to lend support to Greece in a post-programme arrangement. They argue.... The policy makers in Frankfurt have repeatedly argued that a precautionary credit line would help... a key similarity with a precautionary credit line: the raison d’être for both of them

    8%
  6. S&P revises outlook to positive, sees encouraging signs after debt deal
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Having updated Greece’s credit rating ahead of schedule at the end of last month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept the country’s rating...’ and Moody’s on ‘B3’, which is a ‘B-‘equivalent. At ‘B+’ Greece’s credit rating remains

    8%
  7. Markets buoyed by election result
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    that Fitch on June 9, when it is due to issue its opinion on Greece’s credit rating, might be the first... of the result and has assessed it as credit positive, suggesting policy continuity, hinting... to Greece's credit rating”. The view of markets and analysts was also positive on the outcome

    8%
  8. Newsletter 404 - 01/12/2023

    Newsletters

    that the central bank sees next year’s growth at 2.5 pct, from 3 pct in the previous official estimate in June... improving since the all-time unemployment high of 28 pct of June 2013 and the number of employed Greeks... by 145,353 jobs year-on-year. Signals of caution were also evident on the credit expansion front

    8%
  9. Newsletter 417 - 22/03/2024

    Newsletters

    for the June vote. The leak of the voter database is currently the subject of separate investigations..., which was appointed between the first and second rounds of national elections in June 2023... days. In Moody's latest credit rating review, released last Friday, the agency did not offer Greece

    8%
  10. Athens and Skopje press ahead with confidence measures despite uncertainty

    PoliticsForeign Policy

    visit to Skopje, which is due to take place by the end of June, according to Greek diplomatic... political situation in FYROM. An intervention by Hahn, who visited Skopje last week, led political parties

    8%