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Newsletter 97 - 25/11/2016
months of the year showed the C/A surplus decreased by 455.7 million to 1.44 billion, mostly on the back... percent quarter on quarter (QoQ) to 485 million in Q3, largely on the back of lower Eurosystem... the possibility of welcoming him back into the fold. For Mitsotakis, an alliance with other
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Deposits edge up to 124.8 bln in Nov on marginal inflows of 12 mln
EconomyMacroeconomyhave reached 1.4 billion on the back of a positive flow of 2.09 billion from time and 1.57 billion... by more than 27 billion since May, largely on the back of the back of the reinstatement
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Tormenting Greece with a distorted picture
Agorathe agreement at the February 20 Eurogroup for the lenders to come back to Greece, opposition politicians... of cuts) have gone back to blaming the coalition for allowing uncertainty to creep back in and undermine
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The wit and will of men
Agoraon this matter between Greece’s creditors since then. Yet, we seem to be back at square one. As complex... and plans to ease back into the international bond markets with a test issue in the summer will have... a Eurogroup with its back against the wall has happened numerous times during the crisis and always
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Newsletter 120 - 26/05/2017
disbursed and the discussion on debt relief being put back until after the German elections... to risk it all by turning their back on whatever deal is on offer on June 15. It is more likely that he... uncertainty and worsening borrower sentiment, mostly on the back of the delay in concluding the second
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Possibility remains for trial bond issue before IMF debt analysis
PoliticsGreek PoliticsEurogroup have shifted attention back to the possibility of Greece making a trial bond issue... on September 7 the scaling back of its QE programme, and that this tapering may cause some volatility... Stournaras suggested that the timing is not yet right for Greece to go back to the markets. "I think
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Current account deficit rises by 124.3 mln in May
EconomyMacroeconomyby 2.6 percent. Travel receipts also increased by 1.7 percent to 1.09 billion on the back of a 1.5.... The goods deficit rose by 878.8 million euros to 7.75 billion on the back of an increase in imports... billion. The BoG said that excluding oil, the corresponding balance widened on the back of imports
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Judicial system becomes key battleground for political parties
PoliticsGreek Politicsby the government to be unconstitutional, forcing the state to cancel the process and hand back... on the recovery and trying to win back support via an upturn in the economy. The prime minister hopes that on the back of the return of growth and market access, it will be able to start passing
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Newsletter 129 - 28/07/2017
bond issue. The transaction included a switch and tender offer of the 5-year bond issued back... in the last six years. The loan balance is down by 26 percent on the back of continued deleveraging, with net... by the government to be unconstitutional, forcing the state to cancel the process and hand back the revenues it had
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Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomydeclined by 1.4 percent. Travel receipts also increased by 14.2 percent to 2.05 billion on the back..., coming to 13.78 billion. The BoG said that excluding oil, the corresponding balance widened on the back... on the back of an improvement in all subaccounts. Travel receipts rose by 7.1 percent to 4.11 billion
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