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Newsletter 196 -01/03/2019
index came to 1.5 percent. Credit contraction at 1.1 pct in Jan Outstanding balance decreases... fell by 39 million, deepening from the decline of 12 million seen in December. Jan deposits down
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On monetary policy and inflation targeting
AgoraJan, using monthly data). Both countries have clearly been affected by the inflationary effects..., Jan Filacek, Ivana Kubicova, and Romana Zamazalova: “Price Level Targeting-A Real Alternative
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicson the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed
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Greece changes banks' DTA conversion law to secure ECB/EBA approval
EconomyΤhe Finance Ministry (MoF) tabled on Wednesday night an amendment to the legal framework which allows the conversion of the deferred tax asset (DTA) to a tax credit (DTC), following a relevant... reportedly approved. a) Τhe new legislation is optional for the banks and requires approval from
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Greek industrial turnover posts rise of 1.8 pct in September after earlier drop
EconomyMacroeconomyΤhe Turnover Index in Industry rose by 1.8 percent in September following an upward revised 4.1 percent drop in August, according to the Hellenic Statistical Authority (ELSTAT). Note that historical... (down 16.4 percent). Τhe Markit’s Manufacturing PMI slightly improved by 0.4 points to 48.8 in October
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Stronger rise of 4.1 pct for Greek industrial turnover in October
EconomyMacroeconomyΤhe Turnover Index in Industry increased for the second straight month in October at an accelerating pace of 4.1 percent from an upward revised 2.4 percent drop in September, according...) and wood and cork (down 17.6 percent) following suit. Τhe Markit’s Manufacturing PMI slightly improved
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Unemployment rate edges down to 23 pct in October, lowest in 4.5 years
EconomyMacroeconomy. Τhe non-seasonally adjusted (NSA) unemployment rose to 22.4 percent in October after a short-lived..., there is a notable divergence in their estimates. Τhe most optimistic projection is that of the IMF (21.5
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Unemployment rate stable at 23 pct in November
EconomyMacroeconomyfigure by 76,500. Τhe non-seasonally adjusted (NSA) unemployment headed north for the second straight..., there is a marked divergence in their projections for 2017. Τhe IMF has the most optimistic forecast (21.3
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomybasis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG
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Newsletter 7 - 12/12/2014
that cumulative collections stand at just 277 million so far. Those banks (six commercial and six
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