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Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote
PoliticsGreek Politicsvoted “No” in the July 5 referendum. Lafazanis sees this vote as legitimising his move to split from... represent only around 5 percent of voters. It now remains to be seen if other, weightier figures, from... abstained and 1 was absent in the first vote on prior actions, while there were 31 Nos and 5
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammeof the government council of public debt 5) The Bank of Greece issuing provisions to implement... of notaries fees 5) Launch impact assessment of selected reforms on competition, investment licences...) and the market operator. 5) Revision of PPC tariffs based on costs, including replacement of the 20
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Newsletter 47 - 16/10/2015
percent in 2016. The Finance Ministry adopted these estimates in the 2016 draft budget tabled on 5... and 3.3 percent YoY in Q3 and by a further 2 percent QoQ and 5 percent YoY in Q4. The full-year... was forced to stand down following the embarrassing and thorough defeat of the “Yes” campaign in the 5
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Gov't hits back as pension reform row heats up
EconomyProgrammelandscape is completely different with that of 5 years ago since GDP has shrunk by almost 22 percent... of the pension system and also provides the prospect of pensions growing in the future. 5) The pensions... and up to 20 insured years, which indicate that new pensions will be higher by up to 5 percent vis-à
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammeof Egnatia Motorway. 5) The government has to resolve all pending issues related to HRADF Asset... on flexible negotiations. 5) Until the end of June, the government should table a roadmap... Deutsche Telecom signed an MoU on June 7 for the sale of a 5 percent stake within July. The state holds
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Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010
EconomyMacroeconomya marginal drop by 0.1 percent in Q1. The breakdown shows that the prices of new apartments (up to 5 years... transactions. In 2015, apartment prices contracted by 5 percent, at a decelerating pace from the 7.5 percent... prices are projected to further drop by 5 percent in 2016 and by another 1 percent in 2017, according
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomythat prices in new apartments (up to 5 years old) dropped at a sharper pace of 1 percent quarter... in the past few quarters, the apartment prices index now records a decline of 5.1 percent (from 5... scenario of Greek banks’ stress tests a year ago, point to a further fall in housing prices by 5
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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek Politics-level agreement by the December 5 Eurogroup but that several key issues (mainly labour reforms... for a “spirit of compromise” in the coming days but admitted that the December 5 Eurogroup “may... on December 5 about what debt relief measures, beyond the short-term steps being prepared
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyin December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... increased by 5 bps to 4.59 percent. As a result, the corporate loan rates in the Greek market remain more... banks up by 5 bps to 4.53 percent in December. In the previous month, the average spread had
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingdue to a seasonal increase of 5 percent in operating expenses. On an annual basis, PPI increased by 4... million in corporate loans and -5 million in consumer loans. These decreases offset a positive NPE... related fees. As mentioned, operating expenses rose by 5 percent QoQ in Q4. For the year, the figure
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