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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomyas the ECB announced on June 8 that the ELA ceiling for Greek banks would be reduced further by 1.1... of the total withdrawn liquidity. The collateral pledged with BoG and the ECB also fell by 2.7 billion
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Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
EconomyMacroeconomydecreased by 1.1 percent to 22.22 billion euros, overperforming the target by 550 million mostly due... in the 6-month period, almost spot on target. As a result, total expenditure dropped by 3.2 percent to 22.86
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBankingin Greece last year. The management expects the full-year cost figure at around 1.1 billion... Liquidity Assistance (ELA) funding has been reduced by a total of 3.1 billion since March to 9.1
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Mitsotakis urges ND renewal, challenges PM over surplus
PoliticsGreek Politicswithin the party’s structure. A total of 100 new members have been added over the last few months, many... that Athens would pay a maximum of 1.1 billion euros for the upgrade and that this would be spread over
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Office prices slip by 0.7 percent in first half of 2017
EconomyMacroeconomyof H2 2014, which stood at 70.9. Broken down by area, nominal prime office spaces fell by 1.1..., the index remained flat while for the rest of Greece, it rose by 1 percent. The total index fell
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Retail sales fall for second straight month in Oct, with 0.8 pct decline
EconomyMacroeconomyby 1.1 percent in October, entering further into negative territory after a drop of 0.8 percent... in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion
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IFRS 9 provisions required by banks in line with expectations
EconomyBankingis 1.1 billion euros net of tax, Eurobank announced with its full-year 2017 results that the impact... for NBG. The total impact on capital adequacy is seen at 230 bps for Alpha, 290 bps for Eurobank, while
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Greek families shell out for education as state system falls short
Societyfinancial transfers by 33 percent. But spending on cram schools fell by only 1.1 percent, and private tutoring by 0.7 percent. According to the study, total expenditure on education in 2015 came to 8.8
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Travel surplus rises by 48.2 pct in March as receipts increase
EconomyMacroeconomypercent, while those from the US went down by 9.1 percent. In total, arrivals from the EU 28..., arrivals from the EU 28 countries rose by 12 percent and came to 1.1 million. Arrivals from euro
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomypersons month-on-month, representing a decline of 1.1 percent. Compared to the same month last year, the figure for those employed has also fallen by 1,242. Total employment remained above 3.7 million
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