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How Samaras backed himself and Greece into a corner over bailout exit
Agorain May. The unravelling began on June 9 with the cabinet reshuffle. Samaras’s decision to pack... with a clean bailout exit, it became clear that any departure would involve a precautionary credit... for a precautionary credit line, cobbled together from the leftovers (up to 11.5 billion euros
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Stalled troika talks stretching Greek coalition cohesion to limits
PoliticsGreek Politicswith the troika. Although the cooperation between the two parties has not always been smooth since June 2012, when... with the eurozone on a precautionary credit line not be reached, the government will suffer serious political... would possibly leave the country without the support of a precautionary credit line or a bailout
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomyin June 2012 and has been falling since. However, due to the deposit outflows of 4.2 billion euros..., the consumer credit rate showed slight changes; in consumer loans with defined maturity it slipped by 5 bps to 6.74 percent, while the rate in consumer loans without a defined maturity (mainly credit
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If it's debt restructuring you're looking for, Regling's not your man
Agorareceived the loans pay the corresponding borrowing costs. Assisted by its AAA long-term credit rating... because otherwise he would essentially be promoting the prime credit risk for his organization... the eurozone brought into the process in 2010, presented an extensive analysis back in June. It did
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Newsletter 56 - 18/12/2015
2010 and 2012, when it won the June elections. The two frontrunners for the leadership The rivalry... domestic commercial banks that are in a position to extend affordable credit to the real economy... of Greece’s major banks’ portfolios remains shaky at best. Credit risks on lenders’ balance sheets
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agorarise in ELA funding, from zero in the second half of 2014 to a peak of 86.8 billion in June 2015... (cash values) worth around 81 billion euros shows that almost 51 billion relate to credit claims...) results prompted banks tio increase their provisions for credit risk by 3 billion euros YoY to 12.85
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyaccession to the eurozone in 2002. It also points to a cumulative drop by 90 bps since last June when.... In addition, the rate on consumer credit without a fixed maturity (mostly credit cards) edged up by 5 bps
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammefrom the beginning of June 2016 until the end of May 2019. A lower rise by a total of 0.5 points... 40,000 euros. The tax-free threshold of 9,550 euros is cut to 9,091 euros and implies a tax credit of 2,000 euros for incomes up to 20,000 euros. The tax credit is phased out by 10 euros for each
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Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomycontrols at the end of last June, Greek banks’ time deposit rates have dropped by 93 bps amid lack..., while that for consumer credit without a fixed maturity (mostly credit cards) was kept stable
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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomymonths, after a notable drop by 90 bps following the imposition of capital controls at the end of June... bps was posted in the consumer floating rate, while that for consumer credit without a fixed maturity (mostly credit cards) remained almost stable at 14.47 percent. BoG figures also showed a 7 bps
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