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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomyCredit contraction in the Greek market slightly accelerated to 1.7 percent in August from 1.6... in the corporate sector coupled with a negative flow of 263 million in the household lending segment... deductions edged up to 263 million extending the year to date negative flow to 1.93 billion. The bulk
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Newsletter 263 -11/09/2020
in April and May, while in June only three auctions were completed. Fifty two auctions were... to 18.3 pct in June Figure for June 2019 stood at 17.1 percent Greece’s seasonally adjusted (SA) unemployment rate came to 18.3 percent in June from an upward revised figure of 17.3 percent in May, Hellenic
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Media
No image availableabout who is involved in MacroPolis and what our site aims to achieve here. If you are interested... resume payments on €19.2B of moratorium loans 04/05/21 New York Times ‘We Cannot Wait Until June... après, l’accident mortel de train de Tempi déstabilise toujours le gouvernement 08/03/25 NPR Thousands
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Credit in Greece contracts by 3.5 pct in August
EconomyMacroeconomyThe rate at which credit to the Greek private sector is contracting slightly eased to 3.5 percent... straight month. Net deductions eased to 263 million euros in August from 322 million in July... to 70.1 billion euros, with monthly net deductions slightly lower MoM at 202 million. Consumer credit
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June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
EconomyMacroeconomyeuros in June, improving from May’s deficit of 263 million. Compared to June last year, when... an arrears’ repayment of 672 million euros, of which 10 million was paid in June. The overall cash.... The breakdown showed that on a monthly basis, revenues grew by 804 million in June compared to the same
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Newsletter 83 - 22/07/2016
of non-performing loans. A few days later, on Thursday, US Treasury Secretary Jack Lew sent a more... of 1.06 billion. Budget revenues soared 33.9 percent in June, leading the six-month figure up 7... five months. Primary expenditure climbed 24.7 percent in June, with the aggregate figure for the six
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Fire at archaeological site puts govt's crisis handling under scrutiny
PoliticsGreek PoliticsA fire at the archaeological site of Mycenae has become the subject of a heated political debate... of the site, blackening some its most famous landmarks including the characteristic monumental... wall but that the low vegetation maintained on the site had prevented high temperatures, leaving
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Lew highlights geopolitical dimension of debt relief discussion on visit to Athens
PoliticsGreek Politics, at least for the time being, US Treasury Secretary Jack Lew brought a more encouraging message during his visit. Lew, who met with Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos, stressed the need for Greece and its lenders to come to an agreement on the issue of debt relief. Lew did
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When will Greek banks operate as credit institutions again?
Agorasector, the credit transmission mechanism towards the real economy remains severely impaired. Two key...’ capacity to meet their repayment obligations on mortgages, credit cards and corporate credit. Greek... and Bank of Greece yearly data. Credit contraction to private households and businesses
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Turkish unrest gives Greece the shivers
Agoratowards) has been a dramatic reduction in migrant arrivals. In June, for instance, there were just... in Turkey were cited last week by US Treasury Secretary Jack Lew as two significant reasons for the institutions to lighten the economic pressure on Athens, particularly through debt relief. Lew’s
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