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Newsletter 116 - 28/04/2017
and lenders to settle their differences over debt relief by the May 22 Eurogroup. Government officials... Tsipras conducts an official visit to China on May 14 and 15. It is possible that the vote... days to settle the debt relief and fiscal path issues before the eurozone finance ministers meet on May
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Despite snags, coalition expects multi-bill approval before Eurogroup
PoliticsGreek Politicsahead of the vote, which is expected between May 18 and 20. The government insists.... Athens is desperate to get the measures passed before the May 22 Eurogroup so the creditors do... on Wednesday that the ballot on the omnibus bill would be held by Saturday May 20. A few days earlier
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Newsletter 118 - 12/05/2017
voted in May 2016 and the measures agreed in the second review to offset the national roll-out... figure surpassing the 50-percent mark for the first time since last May. The biggest contributor... to this timetable but its intention is to certainly hold the ballot before the Eurogroup meeting on May 22, when
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingthereafter by around 700 million to 10.9 billion in May. Specifically, Emergency Liquidity Assistance (ELA) funding stayed stable QoQ at 5.6 billion and rose slightly to 5.7 billion in May... by 600 million to 5.2 billion in May. Interbank repos stood at 4.8 billion in May. Ongoing deleveraging
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Tsipras gives mixed message on expectations for crucial upcoming Eurogroup
PoliticsGreek Politicsthat Athens may be willing to agree to the compromise that emerged at Monday’s Eurogroup, which entailed... MPs and party members. It is this realisation that may have prompted Tsipras to float the idea..., Athens is certain to press for a better deal between now and June 15. Tsipras may hold talks
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
Economy13.5 percent during May due to the strong performance in the first two weeks of the month when..., Terna Energy and Viohalco hold their AGMs on May 30 followed by Mytilineos and Metka AGMs on June 1. In addition, Alpha Bank releases its Q1 results on May 31, while Hellenic Exchanges trades ex
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Tsipras readjusts expectations for crucial Eurogroup
PoliticsGreek Politicsit as a ramping up of pressure on the creditors to tweak the proposal tabled at the May 22 Eurogroup so... improved version of the May 22 compromise proposal. This would entail, for instance, slightly more clarity... ahead. The position taken by the prime minister in the days ahead may give a clearer indication of his
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Eurogroup doesn't end in tie for Tsipras
Agorathere is greater clarity regarding debt relief had not been publicly discussed before the May 22 Eurogroup... debt relief. It repeated the commitments made in May 2016 but also said that eurozone lenders stand... ahead and this is not something that can be taken for granted. On May 17, he told journalists
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PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyin the Greek manufacturing sector. The PMI stood at 50.5 in June, up from 49.6 in May, rising after..., though the rate eased compared to May. The increase in demand also led to staff numbers growing... buying during the month, at a rate of decline similar to May. This led to a notable rate of decline
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Newsletter 129 - 28/07/2017
by 1.7 percent in May, at a slower pace compared to the double-digit growth of 11.3 percent posted in April, according to Bank of Greece (BoG) data. Specifically, receipts stood at 1.09 billion in May... contraction accelerated for the second straight month, reaching 1.3 percent in June from 1 percent in May, BoG
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