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Newsletter 377 - 07/04/2023
and radical left MeRA25 on 4. The survey also suggests that far-right Ellines (Greeks) would pass the 3... in the first ballot and more than 36 pct in the second). Although New Democracy’s support dipped last... of voters believe a coalition has to be formed no matter what, 36 pct want new elections only
36% -
ND quick out of blocks as election race gets underway officially
PoliticsGreek Politicsand far-right Ellines (Greeks), are seen clinching more than 3 pct of the vote, the threshold.... Fanaras also points out that in the latest sounding, 36 pct of respondents view the government’s... Democracy, the conservatives still face an uphill task to achieve the 36+ pct that would be needed
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomyto the exceptionally high readings of the past 3 years, they remain 60-100 bps higher than those in other euro... reaching 36 bps. On the loan front, a rebound in the corporate and housing lending rates in July led... rate rose by 19 bps reaching 3 percent. The rate in consumer loans displayed mixed trends. For loans
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Tsipras still hopes he can avoid being part of coalition government
PoliticsGreek Politicsand the Movement of Democratic Socialists fail to pass the 3 percent threshold, even more so if Papandreou’s... by Macedonia University for Skai TV on Monday gave PASOK just 3 percent, right on the threshold. Macedonia Uni for Skai TV SYRIZA 31.5% ND 27 Potami 6.5 G Dawn 6 KKE 6 PASOK 3 Ind Grks 3 Papandreou 2
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NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingnegative formation of 3 million euros in mortgages was also noted. With the results of Q2, the bank has...), consumer loans (-72 million), and corporate loans (-36 million) which partially offset a positive... of 3 billion in Greece. As a result, NBG’s loan to deposit ratio improved to 73 percent in Greece (75
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Greece and the euro: The flight of Icarus
Agoraon imported goods. When Greece joined the euro, it was importing about 3 billion euros of good per... stagnant by comparison. When Greece entered the euro, it exported 1 euro for every 3 it imported. By 2009... deficit had reached 7.4 percent of GDP when the limit for the eurozone was 3 percent. Greece’s debt
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First review completed but more prior actions lie ahead for Greece
EconomyProgramme-controlled companies has to be transferred to the new privatisation and investment fund. 3) Ratification... (not later than June 2017). 3) Public Power Corporation (PPC) Annual General Meeting (AGM) should... with an international independent advisor. 3) Enhancement of the operational framework of the Hellenic Civil
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legal(the “Temporary Framework”). The Framework is based on Article 107(3)(b) of the Treaty... justification and provided that proportionality of the aid remains assured. 3. Loans at Preferential... not receive unemployment benefit. 3. Measures concerning freelancers, self-employed and sole
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Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyin December reflects the combined effect of: 1) Deposit outflows of circa 3 billion in December, which... issues stood at circa 60 percent 3) Gradual lack of renewal of interbank repos up to 9 billion 4... Ministry general government bulletin, the nominal value of those guarantees stood at 36 billion
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economy-border transactions, while for 36 percent the impact was low. The cap imposed on daily withdrawals..., whilst fewer companies delayed salary payments (3 percent). Almost one quarter of the sample indicated... of the surveyed firms said they estimate capital controls will remain intact for more than 3 month
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