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Greek deposit and loan rates slide in September
EconomyMacroeconomyrates was up to 10 bps in September. The average spread posted a slightly lower drop compared... in September, according to the Bank of Greece (BoG). This was the lowest month on month drop since... a sharper drop in excess of 200 bps. The deviation between the rate of contraction of time deposit
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomy) of 2015 as it edged up by 0.1 percent quarter on quarter (QoQ) compared to a flash estimate of 0.6... QoQ decline posted in Q3. In addition, Q4 GDP fell 1.2 percent YoY, less than half the drop of 2.6... with a higher drop in imports compared to that of exports, which almost halved the trade deficit
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomy-a-vis a surplus of 359 million in the corresponding period last year. The latter reflects a drop... indicates the highest monthly reading so far this year. The absolute figure reached 5.74 billion, up 7.7... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget
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Newsletter 86 - 02/09/2016
. Nominal GDP recorded a better performance than the real figure, edging up by 1.3 percent QoQ... recorded a drop in non- NPL formation decelerated notably at Alpha and NBG while it was negative... at 0.86 percent in July, while corporate loan rates picked up in July, Bank of Greece data showed
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Newsletter 400 - 03/11/2023
were up by 8.4 percent. The corresponding volumes saw fuels down by 3.2 percent, a 0.7 percent drop... that Greece’s HICP moved up by 3.9 pct in October after a 2.4 pct rise in the previous month.... This concern is backed up by this week’s Pulse opinion poll for Skai TV, which indicated that 63 pct of Greeks
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Kammenos calls for lynching of mayor but ends up boxing himself into a corner
PoliticsGreek Politicsfor inciting others to violence, an offence that carries a jail sentence of up to three years... will do little for Kammenos in terms of clearing up what his party actually stands for and what he
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SYRIZA gives up on "odious debt" write-off but not major debt relief
PoliticsGreek Politicsargue that part of what it owes is "odious debt" - built up through corruption and a lack of democratic..., then SYRIZA is also telling Greece's lenders that it does not plan to give up its goal of substantial
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsby Lucas Papademos in 2011-12, when he played a part in drawing up Greece’s second Memorandum... economist to take up the job at the Finance Ministry. The new finance minister cannot say he is unaware
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Greece steps up efforts for early bailout exit but lenders play it coy
PoliticsGreek PoliticsGreece stepped up on Sunday its efforts to pave the way for an early and clean exit from its bailout programme at the end of the year but, as Greek officials admitted, all the options are still open...-based organisation even if it does not take up the 12 billion euros in loans that will remain
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Greece continues to edge up in "ease of doing business" rankings despite persistent problems
EconomyGreece has moved up several spots in the World Bank’s “Ease of Doing Business” ranking, with improvements in several areas but serious problems persisting in a number of areas... of ease of doing business in 189 countries. This is up from 72nd a year ago (or from 65th
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