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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomyThe rate of credit contraction in the Greek market accelerated to 1.5 percent in December after slowing to 1.3 percent in the previous month, Bank of Greece (BoG) figures displayed on Friday... credit contraction in the Greek market for six years in a row, with cumulative net deductions
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Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
EconomyThe Greek equity market showed two sides this week. Initial prospects for a positive outcome at Thursday’s Eurogroup pushed shares up by 3.4 percent in the first four sessions. However, those gains were erased as the market fell by 3.6 percent on Friday after the inconclusive meeting of eurozone
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammethereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than... market interest rate of 5 percent. Therefore, the IMF report suggests a substantial restructuring
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Newsletter 108 - 24/02/2017
. This sequence could prove a problem for Tsipras. Data shows drastic changes in labour market Athens must... market over a period of 35 years were depicted in a special report published by the Hellenic
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomylending rates, capital controls and market distortions particularly in the electricity market
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Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
EconomyThe Greek equity market edged up for the second straight week by 0.9 percent. The initial gains of 2.5 percent in the first two sessions, also in the wake of Monday’s Eurogroup decision, were... than two months. The outcome of discussions will be the key driver for short-term market performance
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Greece, lenders fail to make headway on fiscal and labour issues
EconomyProgrammeDespite two meetings over the weekend on fiscal and labour market issues, the Greek government and the institutions’ mission chiefs were unable to bridge their differences, creating more doubts about... there was a scheduled meeting on labour market reforms which lasted 50 minutes and was inconclusive. Labour Ministry
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Greece, lenders tie up some loose ends and continue negotiating
EconomyProgrammediscussions. However, the thorniest issues including, pension, tax-free threshold and labour market... far on labour market issues, with the IMF sticking on increase in the limit of mass layoffs, changes
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Newsletter 110 - 10/03/2017
, and for the lenders to make some concessions on labour market reforms, such as allowing collective bargaining... of measures, with the IMF demanding interventions worth 2 percent of GDP, counter-measures and labour market
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Stocks dip by 0.2 pct, lack of trading activity continues
EconomyThe Greek equity market traded in a relatively narrow range this week, when it slipped by 0.2 percent this week after a slight rebound of 0.7 percent in the previous week, amid light trading volumes.... Market news The flow from foreign investors turned negative in February, with outflows reaching 22
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