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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign Policyto enhance this role. Last June the Libyan National Oil Company, controlled by Tripoli (NOC), signed... Development and Reconstruction Fund, visited Athens last week at the invitation of Foreign Minister Giorgos
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Newsletter 37 - 31/07/2015
, the lack of liquidity and the ban on using credit cards abroad has led to the postponement of business... of 9.4 points, to hit 81.3, down from 90.7 in June. The monthly change is the highest historic nosedive, while the June headline figure indicates the lowest reading since October 2012. Consumer confidence
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Newsletter 42 - 11/09/2015
for the four systemic banks. Those needs mainly resulted from PSI and credit losses following a diagnostic..., to 19.7 billion at the end of June 2014. The sharp drop of bank share prices in the last weeks of 2014... billion at the end of June 2015. Following the imposition of capital controls on 29 June, the banking
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingactivity due to the Covid-19 lockdown. The NPE ratio for the group at the end of June 2020 stood at 43.5... balances in Greece declined by 1.6 billion ΥοΥ, to 12.3 billion in June 2020. NPLs on a group level... at 12.7 million in Q2 2020. Balance Sheet At the end of June 2020, Eurosystem funding increased
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Investors voice concerns about delays to Hellenikon as mine talks falter
EconomyFeaturesand apartments on the site is paying some 900 million euros for the land and has pledged another 8 billion euros..., 10 years would not be enough to complete the development project which is set to transform the site..., the skyscrapers form an integral part of the planning and design for the site. It was highlighted
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On monetary policy and inflation targeting
AgoraEngineer: “When is Price Level Targeting a Good Idea?” Bank of Canada, June 2000. Svensson, Lars E. O... by the ECB)? If a country experiences challenging shocks, including in the monetary sphere, could price... inflation rate, and price level, that was experienced in the country in the previous month
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Newsletter 86 - 02/09/2016
coupled with lower provisions for credit risk. Economic sentiment in Greece improved for the second... for the 13th consecutive month in June, dropping by 5.2 percent, while the corresponding volume decreased... to that recorded in May. The biggest changes in turnover in June were recorded in car fuel (-18.3 percent), retail
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The one question SYRIZA needs to answer
Agorabillion at the end of June and exceed 5 billion euros by September. On a quarterly basis, for IMF and interest payments alone Greece is expected to need 3.8 billion euros by March, 7.1 billion by June... of January, receive the disbursements, agree the precautionary credit line (ECCL) and hope
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyGreek households’ new time deposit rate remained at 1.81 percent in June unchanged from... bps to 4.52 percent for loans above the 1-million mark. Despite the decrease in June, Greek corporate..., the interest rate in consumer credit without a fixed maturity (mainly credit cards) grew by 14 bps to 14.63
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Newsletter 163 -25/05/2018
sides seem to remain committed to achieving a deal by June 21. In what Greek Finance Minister Euclid... will also have to submit by around June 15 a multi-bill that will include the legislation necessary... in time for the June 21 Eurogroup despite the uncertainty regarding the IMF’s position. The eurozone
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