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A return to capital markets for Greek banks but no return to domestic lending
AgoraIn the future we may look back on the past two weeks as a watershed moment for Greek banks following the onset of the twin financial and sovereign debt crisis in 2009. After extensive and well... on their deposits to meet ever rising tax obligations and those having exported capital in the past
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New Democracy and SYRIZA draw battle lines for European elections
PoliticsGreek Politicswas not so different to past European and national elections. Of more significance was that current... with the austerity policies of the past few years. SYRIZA's election posters and TV ad highlights the bankruptcy
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Greek deposits edge up for second month in April, reach 161.3 bln
EconomyMacroeconomyin the past two months, the year to date net flow remains negative with outflows at 1.93 billion largely... respectively in the past two months. Greek banks should gradually replace the bulk of ECB funding
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Data for May shows Greek PMI in growth territory for second straight month
EconomyMacroeconomyin the past 57 months. Nevertheless, the stocks of purchases eased as the growth in buying output...’ average purchase prices for the first time over the past four months. This was mostly evident
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Unemployment rate edges down for sixth straight month to 26.8 pct in March
EconomyMacroeconomyMarch 2009. The headline figure of employed stood at 3.48 million in March. Over the past five... the past 5 years is more pronounced (3 or 4 times higher) but this also reflects a lower base effect
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Stomach for the fight
Agoraand alienating Jewish groups that find the views Voridis has espoused in the past unacceptable... ministerial team with an eye on the future and a peripheral one that is stuck in the past. The only
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After landmark return in April, Greece prepares to tap bond markets again
Economyfor the first time over the past four years. Piraeus Bank’s transaction was a 3-year note of 500 million euros... the past 3 months. Most importantly, all banks’ bond and equity transactions were oversubscribed
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Stress mounts ahead of ECB's tests on Greek banks
Economythe past four years,” he reportedly said. “The ECB now wants to intensify this stress test. If it insists...’ shares by 4.6 percent last week, they have dropped 4.9 percent over the past three months, while
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Greek PMI falls again in July, dropping to 48.7 points
EconomyMacroeconomywhich was the most marked over the past 3 years, yet only modest overall. Although the rate of decline... rate. Buying levels were also down pointing to the first drop over the past 3 months. Stocks
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Small but rare rise of 0.4 pct for Greek retail turnover in June
EconomyMacroeconomyan increase in the first half of the year. The retail turnover plunged 22.5 percent over the past 5... with aggregate gains of 32 points over the past 12 months.
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