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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyIn its annual report published on Friday, the Bank of Greece (BoG) called for a return to normality through the successful conclusion of the second programme review. It also urging.... BoG reiterated that the key preconditions for growth include a swift conclusion of the second
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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...) and Terna Energy (-2.1 percent). The turnover picked up to 67 million euros on Tuesday, which was the second
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Institutions back in Athens to resume review, agree new measures
EconomyProgrammetheir tenure is four years. The key privatisation deliverables of the second programme review also include the transfer to HCAP of a second group of state-controlled enterprises and the determination
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Retail sales down by 1.3 pct in Dec for first drop since Aug
EconomyMacroeconomy). The seasonally adjusted (SA) retail sales’ index fell for the second straight month by 1.2... confidence fell for the second successive month by 5.5 points to -73.3 in February, which
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Greece and creditors dive into details of measures and counter-measures
EconomyProgrammeThe second day of negotiations between the Greek government and the institutions’ mission chiefs included a lengthy (4-hour) meeting on the measures and counter-measures that will be legislated now... conclusion of the second programme review. Talks continue Discussions at top level will continue
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyThe new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight month and landed at 0.69 percent in January, Bank of Greece (BoG) figures showed on Friday... in the average loan rate led the average interest rate spread for Greek banks up for the second
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Round of talks nearing end with limited progress, serious doubts about March 20 goal
EconomyProgramme. On the privatisation front, the key deliverables of the second programme review include the transfer to HCAP of a second group of state-controlled enterprises (SOEs) and the determination of the remaining real estate
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Athens sees faster pace of progress in review talks but no final deal yet
EconomyProgrammeof the second review from the measures and counter-measures after 2018. However, they also acknowledge... been scheduled for Wednesday. The first, at 3 pm, will focus on fiscal issues and the second, at 5
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Pause in review talks, leaving most difficult issues to be tackled
EconomyProgrammein the context of the second programme review have been resolved so far. The first relates to the out-of-court... crucial for the Greek banks to meet their NPL reduction targets. The second involves the elimination
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Revenues beat target by 3.9 pct in Feb, remain above target for year
EconomyMacroeconomyGreece’s budget revenues beat their target for the second straight month this year, according to preliminary figures for February published by the Independent Authority of Public Revenue (IAPR... two months of 2017 follows the strong performance in the second half of last year, which led gross
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