Search
-
Complications over reforms cast doubt on June target for global deal
EconomyProgrammedeal between Athens and the lenders may have to wait until July, rather than June. More than 70... being reached at the July 12 Eurogroup may be more likely than at the June 21 meeting of eurozone finance ministers that has so far been the target for all sides. Nevertheless, it may be the case
4% -
Are hirings in the public sector out of control?
EconomyFeaturesrule, the annual window of measurement may obscure lags between the two sets of figures. For instance... may conceal deeper structural issues. Hiring criteria for fixed-term contract positions have... the public interest. In some cases, we may simply be witnessing the effects of crisis decision-making
4% -
Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammeto return to Athens in early May to start preparing for the completion of the fourth review. The initial date proposed for staff-level agreement to be reached (SLA) was the Eurogroup meeting on May 24... on time) by May or June, the institutions also have to reach an agreement on a range of issues
4% -
Newsletter 160 -04/05/2018
are to hold them at the same time as the European Parliament elections in late May 2019 in order... to bubble over in such a way now. It may just be a chance occurrence or, more likely, it is part... that the performance of private consumption suggests that “households may be more financially
4% -
Lower yields for short- and long-term borrowing boost Athens
EconomyMacroeconomyThere was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May... ground since. The yield was at 4.09 percent on May 10. Before the programme is completed in August
4% -
Debt relief options pondered as institutions prepare for Athens return
EconomyProgramme, will be on the fourth review but discussions are continuing in the background on what debt relief measures may... confirmed that the creditors are due back in Athens on May 14. It is expected that their visit will last.... Either way, there is much for Athens to do between now and the May 24 Eurogroup, when Greece and its
4% -
Fiscal issues appear settled as Greece and institutions head for review deal
EconomyProgramme-level agreement on May 24. A senior Greek official told the local media on Thursday that it has been... at the May 24 Eurogroup. Debt relief While expectations of an SLA by May 24 appear to be rising... on debt relief should be in place by the May 24 Eurogroup. Rice added that if there is no agreement
4% -
Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingby a further 1.7 billion by the end of May. Specifically, Emergency Liquidity Assistance (ELA) funding was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB funding fell from 3.2 billion in Q4 to 3.1 billion in Q1, increasing slightly to 3.2 billion in May
4% -
What GDPR compliance means for businesses and consumers
LegalMay 25, 2018 marked the first day of enforcement for Europe’s Regulation (EU) 2016/679.... To conclude, the GDPR’s effectiveness will be assessed following its implementation on May 25... jurisdictions outside the EU may well follow suit, which could spell even bigger changes for the digital
4% -
Economic sentiment at 102.5 in June as improvement in subindexes slows
EconomyMacroeconomythe reading of 104.2 in May, European Commission (EC) figures revealed on Thursday. Although June’s reading... in June versus -51 points in May. Year-on-year, consumer confidence has improved by 16.4 points... month-on-month to 21 in June compared to 25.1 in May. Since the start of the year, service confidence
4%