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Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomymainly relates to state-guaranteed (Pillar II) bank bonds and EFSF bonds, received by Greek banks.... As a result, Greek banks have gradually replaced ECB funding mainly by interbank lending within 2014
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Greek deposits almost unchanged at 164.3 bln in November
EconomyMacroeconomy, with outflows stable MoM at 222 million euros. November net deductions mainly stem from time outflows... mainly via EFSF bonds and ongoing loan deleveraging.
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Greek unemployment drops slightly to 25.8 pct in October on lower jobless
EconomyMacroeconomypercent in September. The recorded drop in the October rate is mainly attributed to a 1.1 percent...), mainly reflecting a jump of 22.1 percent of those not looking for a job. In addition, only 120,353
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What is SYRIZA planning to do with Greek banks?
EconomySYRIZA leader Alexis Tsipras has repeatedly outlined the party’s immediate economic policies which mainly involve three key themes: asking for a significant reduction of nominal debt, renegotiation... banks for the implementation of the agreed arrangements. Such arrangements mainly relate to “forcing
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Greek exports rise by 6.6 pct in November to trim trade deficit
EconomyMacroeconomydrop (-8.4 percent) mainly on account of lower export growth (+0.9 percent), while imports fell... deficit posted a much stronger rise (+15.5 percent) mainly attributed to higher imports (+6 percent
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Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomya nosedive of 70 percent over the respective number of 347,354 posted in 2008 and mainly incorporates... that the strong rebound in 2014 mainly reflects increased rent-a-car fleets due to a strong tourism sector as well
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Stronger rise of 4.1 pct for Greek industrial turnover in October
EconomyMacroeconomystill points to a drop of 2.4 percent. The change in October mainly reflects a similar rise... was mainly driven by a low double-digit rise in non-eurozone countries (+10.9 percent), while industrial
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Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln
Economy– mainly related to the single property tax (ENFIA) – soared 52.1 percent in December with the 12-month..., in line with target. Despite a sharp rise by 33.3 percent in December mainly reflecting a low base
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Newsletter 13 - 30/01/2015
three years had recorded inflows. This development is mainly attributed to the seasonal effect... indicated that those withdrawals were mainly associated with the payment of tax obligations, the BoG
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ECB refuses Greek government bonds as collateral: What does it mean?
Economybillion at the end of January, mainly reflecting deposit outflows north of 10 billion in January. Note... mainly using pillar II and III bonds, GGBs and potentially some of the securitisations that were
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