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Greek DSA: Don't Say Anything about the debt
Agoraprojections are more optimistic than consensus and staff expects positive growth starting in 2014," says... surpluses of 2.5 percent of GDP up to 2022 takes the debt stock to more than 140 percent of GDP... the state keeps majority stake rather than outright sales. It also holds the view that proceeds from asset
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgramme, bringing less than 20 million into public coffers. In 2010, the second repatriation law, with a tax rate of 5-8 percent, had a poorer outcome. Less than 150 million deposits returned to the Greek banking... are reportedly claiming that the new target of more than 600 million is too optimistic. Revenue collection
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankinglower than those reported in Q4 2014 of 332 million and in Q1 2014 of 247 million. The improving... time over the past four years. Pre-provision income (PPI) more than doubled quarter on quarter (QoQ... employees. Impairment losses declined by more than 46 percent QoQ and 42 percent year on year (YOY
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomy. The disclosed figure is in line than the flash estimate announced by ELSTAT on May 13. Today’s... a cumulative drop of more than 24 percent since 2008. This mainly results from a nosedive... the past six years, investments tumbled by more than 62 percent with their contribution to GDP almost
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High levels of dissatisfaction among Greeks, Eurostat report shows
Societyand Portugal. However, Greeks were considerably more satisfied than their neighbours in Bulgaria... of 6.2 compared to the EU’s 7.3, Greeks were more satisfied than the Bulgarians, Italians... conditions more negatively than in northern and western EU countries was the most visible in Greece
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economythe last two sessions, Greek shares fell by more than 10 percent, while their cumulative losses... the last two days, bank shares have lost more than 42 percent of their market value over the past 4.5.... The 3-year GGB yield climbed by more than 270 basis points (bps) to 28.53 percent. The yield of the 5-year
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Yes or no, complex political developments lie ahead for Greece
PoliticsGreek Politicsif an accurate projection will be available then. As this is Greece’s first referendum in more than 40 years... of the result will only be available at 9 p.m. if there is more than 4 percentage points difference between... fundamentals. This would mean that any agreement is likely to be more onerous than whatever
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Tsipras denies Grexit plan, has work to do to keep Greece in euro
PoliticsGreek Politicsfor an agreement, which is set to include more fiscal measures than previous offers, but it is still not certain.... A government non-paper stressed that the new deal would cover Greece for a longer period than... to convince his MPs to support it, especially as more than 61 percent of voters rejected a deal
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At risk of poverty/social exclusion rate in Greece edged up to 36 pct in 2013
Societythan Greek nationals (37.6 percent). EU citizens (50.5 percent) living in Greece were also more likely to be at risk than Greek nationals. The data, derived from the 2014 Survey on Income and Living..., which was 3.3 percentage points lower than the 2012 figure. At the other end of the age scale
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomysince July 2012. On a non-seasonally-adjusted (NSA) basis the unemployment rate fell by more than 2..., the number of unemployed has more than tripled from the 425,000 posted in April 2008. The NSA figures... for males to 22.2 percent, while that for females eased by less than 1 pp to 29.8 percent
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