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Refugee influx pushes Tsipras towards crisis nexus
Agora. Greek decision makers are being asked to shake off their ineptness and work together to tackle.... Arrivals by sea will drop off but there will still be great pressure to register and house the refugees... of September to 7,000 a day in October. Understandably, this has put a huge strain on the Greek state’s
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyinternational tourist arrivals at the main Greek airports soared 24.9 percent. They were up 15.1 percent... and receipts in the 10-month period. Trend The updated figures released by the Association of Greek... to soaring international tourist arrivals, up by 18.9 percent to 1.84 million mitigated however
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Cat and mouse: Greece and Schaeuble
Agoranewspaper the possibility of the International Monetary Fund not being part of the Greek programme... about the bailout’s future. The Greek government, however, decided that it was the unique possessor... that the Greek reading of the situation was spot on. Within hours of Schaeuble’s comments being published
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Italian support over Libya buoys Athens as it looks to build broad East Med alliance
PoliticsForeign PolicyThe Greek government is continuing its diplomatic efforts to drum up opposition to the Maritime..., the Greek government’s second aim is to address as quickly as possible the outstanding issues related to the delineation of maritime zones with neighbouring countries. In this context, Greek diplomats appear
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Greek PMI falls again in July, dropping to 48.7 points
EconomyMacroeconomyin the last three months. “The Greek manufacturing sector started the second half of the year in reverse gear... in output prices will only act to erode Greek manufacturers’ competitiveness,” Markit added.... 2013, pointing to a further deterioration in the overall business conditions in the manufacturing
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Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln
EconomyMacroeconomyGreek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower... with net deductions at 3 million in January. Greek bank credit contracted by 3.1 percent in 2013... and tight liquidity conditions are expected to delay the credit expansion process. In addition
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Greek bank credit contracts by 2.5 pct in March
EconomyMacroeconomyGreek bank credit contracted by 2.5 percent in March - similar to the reduction in February... on month at 81 million. The short-term outlook for Greek bank credit remains gloomy amid lack of progress in negotiations with institutions coupled with banks’ extremely tight liquidity conditions
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Greek credit contracts by 2.4 pct in April for slowest drop since 2011
EconomyMacroeconomyis the lowest reading since last December. Greek bank credit turned into contraction in January 2011... subject to an agreement of the Greek government with institutions. On top, the non-performing loan (NPL... determine the banks’ ability to grant once market conditions are normalised.
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This is what the ECB’s comprehensive assessment tells us about Greek banks
Agoraof the comprehensive assessment on Greek banks that showed capital needs were broadly manageable and in line... test for the four Greek banks. Alpha and Eurobank showed the lowest capital needs both under... additional NPEs of 7 billion euros, mainly driven by the deteriorating macroeconomic conditions
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Greek households most overburdened with housing costs in EU
Societytenure status, almost three-quarters (74 percent) of the Greek population live in owner-occupied... 0 (“not satisfied at all”) to 10 (“fully satisfied”), Greek residents aged 16 and over rated... overburden rate in the EU, according to new EU-wide data. Eurostat figures on housing conditions
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