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  1. Capital controls to be abolished ahead of schedule
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    Christos Staikouras said that all restrictions currently in place would be lifted on Sunday, September 1... per customer every two months, effective from July 1, 2018. Most significantly, businesses were

    7%

  2. Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year

    EconomyBanking

    for Eurosystem funding is made up fully of European Central Bank funding. As of Q2, ECB funding rose by 1... percent compared to 104 percent in Q1 2019. Capital The Common Equity Tier 1 (CET1) ratio stood

    7%

  3. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    quarter, falling by 1.4 billion euros QoQ. This was driven by sales of NPE portfolios totalling 1.... The negative formation in Q2 came to 1.36 billion euros, which includes 1 billion euros from the ‘Mirror

    7%

  4. IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    growth below 1 percent, the Fund estimates that will take 15 years for per capita income to return... and spending measures announced by the government. The shortfall is reportedly seen at around 1 billion

    7%

  5. IMF revises fiscal outlook, sees lower primary surpluses in coming years
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    , which was scheduled to bring 1 percent of GDP in added revenues next year, and the new... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year

    7%

  6. Greece worst in EU for gender equality as power resides overwhelmingly with men
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    they are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total

    7%

  7. Newsletter 224 -18/10/2019

    Newsletters

    fiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year

    7%

  8. Xi's visit carries promise of closer Sino-Greek political, economic ties
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    and Central and Eastern European countries, known as the “17+1” (17 CCE countries plus China). The next leaders’ meeting for the “17+1” is in April and Mitsotakis is expected to attend the gathering

    7%

  9. Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
    Photo by MacroPolis

    EconomyMacroeconomy

    -term (over 5 years) debt made up 77.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.1 and 10.3 percent of the total figure, respectively

    7%

  10. Despite differing views IMF and EC see no immediate debt sustainability concerns
    Photo by MacroPolis

    EconomyProgramme

    percent, from 1 percent in March 2019, with short term growth seen 2.1 percent on average in 2019-2020... balance is expected to be 1 percent of GDP lower in 2019-2025 in the IMF’s view, reflecting the Fund’s

    7%