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  1. Newsletter 27 - 22/05/2015

    Newsletters

    have an ELA cash liquidity buffer of around 3 billion, which means that they can still withstand

    10%

  2. Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first quarter (Q1) of 2015. Excluding Athens, tourist arrivals at Greek airports fell by 3 percent

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  3. Greece sees deal by June 5 but size of gaps tells different story
    Photo by R/DV/RS via Flickr https://flic.kr/p/4JYvg5

    PoliticsGreek Politics

    , it is clear that the 3 billion-euro liquidity buffer the central bank possesses to help cover a deposit

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  4. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    by 3 and 4 percent respectively. Net interest income (NII) fell 5 percent QoQ, largely stemming from

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  5. Income inequality in Greece has grown during crisis, OECD report shows
    Photo by MacroPolis

    Society

    , the bottom 40 percent owned only 3 percent of total household wealth in the 18 OECD countries

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  6. Newsletter 28 - 29/05/2015

    Newsletters

    tax rates of between 3 and 8 percent applied, yielded poor results. The first resulted

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  7. Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
    Photo by MacroPolis

    EconomyMacroeconomy

    billion in the course of May, while the ELA cash liquidity buffer currently stands at 3 billion.

    10%

  8. Greek credit contracts by 2.4 pct in April for slowest drop since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    -profit institutions slightly accelerated to 3.1 percent in April from 3 percent in March with balances

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  9. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    at 21.5 percent despite its MoM jump by more than 3 pp. The European Commission (EC) spring economic

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  10. Minor movements in Greek deposit and loan rates in April

    EconomyMacroeconomy

    rate rose by 18 bps to 7.19 percent. Overall, the average loan rate in all loan sectors slipped by 3

    10%