Archive for the ‘Country Profiles’ Category

Daily Overview of Global Markets & the SEE Region (Friday, June 23, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, June 23, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Oil prices pulled further away from this week’s multi-month low although market sentiment remained fragile amid prevailing supply jitters. In reaction to higher...
June 23rd, 2017 | Banking, Company Profiles, Country Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

A quantitative assessment of the June 15 Eurogroup agreement on Greece

A quantitative assessment of the June 15 Eurogroup agreement on Greece
Greece Macro Monitor (22 June 2017)  A quantitative assessment of the agreement on Greece reached at the Eurogroup of 15 June 2017 Summary of views & key findings This study attempts a quantitative assessment of the decisions made for Greece at the Eurogroup of 15 June 2017, with particular emphasis...
June 22nd, 2017 | Banking, Country Profiles, Finance, Markets, Reports | Read More

Greece: Jan – Apr 2017 State Budget Execution & April 2017…

Greece: Jan – Apr 2017 State Budget Execution & April 2017…
Global Economic & Market Outlook – Focus Notes (Tuesday, June 6 2017) Greece: January – April 2017 State Budget Execution & April 2017 General Government Arrears According to the final State Budget Execution data for January – April 2017, the budget balance recorded a deficit of ca...
June 6th, 2017 | Country Profiles, Markets, Politics and Government, Reports | Read More

How far apart are the official creditors in their positions towards Greek public debt?

How far apart are the official creditors in their positions towards Greek public debt?
Greece Macro Monitor (30 May 2017) How far apart are the official creditors in their positions towards Greek public debt? Summary of views & key findings The study presented herein constitutes an update of a relevant analysis we presented in “Greece: How much relief is actually needed to restore...
May 30th, 2017 | Banking, Company Profiles, Country Profiles, Finance, Insight, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

The BDI@956 struggles to survive; Geopolitics too…

The BDI@956 struggles to survive; Geopolitics too…
John Faraclas The BDI (Baltic Dry Index) lost just one point today –  “thanks” to the Capers, and now reads 956 points; on a weekly basis though it lost 58 points since last week’s 1.014. CAUTION as geopolitics can be very explosive and in …return damage the markets further. John Faraclas’...
May 19th, 2017 | Chartering, Conferences, Seminars, Forums, Country Profiles, Dry Bulkcarriers, Events, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, May 16, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, May 16, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was weaker across the board in European trade weighed down by a dovish shift in short-term Fed rate hike expectations following disappointing...
May 16th, 2017 | Banking, Company Profiles, Country Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Greece: How much relief is actually needed to restore public debt sustainability

Greece: How much relief is actually needed to restore public debt sustainability
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., Greece Macro Monitor (4 May 2017) How much relief is actually needed to restore public debt sustainability Summary of views Contrasting the views of the IMF and the EU institutions on Greek public debt Sustainability...
May 4th, 2017 | Country Profiles, Reports | Read More

Daily Overview of Global Markets & The SEE Region (Tuesday, April 18, 2017)

Daily Overview of Global Markets & The SEE Region (Tuesday, April 18, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: While major Asian shares traded mixed on Tuesday, equity markets in Japan closed in the black following US Treasury Secretary Steven Mnuchin’s comments...
April 18th, 2017 | Banking, Company Profiles, Country Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Greece – Expenditure on social protection and pensions

Greece – Expenditure on social protection and pensions
Greece Macro Monitor (21.03.2017) Greece – Expenditure on social protection and pensions: How generous is it by international standards and relative to the rest of the EU? 1. For a couple of decades before the outbreak of the Greek sovereign debt crisis, Greece’s pension expenditure recorded...
March 21st, 2017 | Country Profiles, Reports | Read More

Geopolitical chaos and Capers’ volatility cannot guarantee positive expectations

Geopolitical chaos and Capers’ volatility cannot guarantee positive expectations
John Faraclas The BDI (Baltic Dry Index) closed up 19 points at 1,064; the geopolitical chaos in all fronts creates more upheaval. John Faraclas’ daily briefing: The Capers’ BCI 2014 gained 100 points, 78 points plus from yesterday’s rise – 22 points, and now reads 1,678! Despite this, owners...
March 9th, 2017 | Chartering, Conferences, Seminars, Forums, Containers, Country Profiles, Cruise Ferry, Cruise Industry, LNG, LPG, Markets, News, Ro-Ro and Passenger Ferries, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Moore Stephens says UK Budget is neutral for shipping and good for offshore

Moore Stephens says UK Budget is neutral for shipping and good for offshore
International accountant and shipping adviser Moore Stephens says the UK Budget 2017 contained no unwelcome surprises for the shipping industry, and some good news for the offshore sector. Moore Stephens tax partner Sue Bill says, “There are new rules, already announced, that will affect the deductions...
March 8th, 2017 | Country Profiles, News, Politics and Government | Read More

Greece’s provisional GDP data for Q4 2016 – Quick take (March 06, 2017)

Greece’s provisional GDP data for Q4 2016 – Quick take (March 06, 2017)
Greece’s provisional GDP data for Q4 2016 – Quick take (March 06, 2017) Q4 real GDP growth (chain linked, s.a.): revised to -1.2% QoQ/-1.1% YoY from -0.4% QoQ/+0.3% YoY reported initially (Q4 GDP flash estimate). 2016 real GDP growth (n.s.a.): 0.0% vs. +0.3% signaled by the Q4 GDP flash estimate. Carry-over...
March 6th, 2017 | Country Profiles, Reports | Read More

Greece: 2017 Economic Outlook (March 1, 2017)

Greece: 2017 Economic Outlook (March 1, 2017)
Greece Macro Monitor (March 1, 2017) Greece: 2017 Economic Outlook Greece’s real GDP came in at -0.4% QoQ / +0.3% YoY in Q4-16 (quarterly national accounts, flash estimate), interrupting two consecutive quarters of positive QoQ growth (Q3: 0.9%; Q2: 0.3%). For the full-year, real output grew by 0.3%,...
March 1st, 2017 | Banking, Country Profiles, Finance, Insight, News, Reports | Read More

Regional Economics and Market Strategy Monthly (Friday, February 17, 2017)

Regional Economics and Market Strategy Monthly (Friday, February 17, 2017)
Risk-on mood supports regional assets in early 2017 REGIONAL MACROECONOMIC & MARKET DEVELOPMENTS & OUTLOOK Q4-2016 flash GDP estimates confirm that the economies of the region are in good shape Private consumption in the driver’s seat on improved sentiment, rising real wages, firmer labor...
February 17th, 2017 | Banking, Country Profiles, Finance, Reports | Read More

Greek national accounts for Q4 2016 (flash estimates)

Greek national accounts for Q4 2016 (flash estimates)
Piraeus Akti Miaouli Global Economic & Market Outlook- Focus Notes (February 14, 2017)  Greek national accounts for Q4 2016 (flash estimates) Real GDP -0.4 QoQ% / +0.3 YoY% in Q4 Full year growth +0.3% vs -0.3% 2017 state budget estimate The Hellenic Statistical Authority (ELSTAT) published earlier...
February 14th, 2017 | Banking, Country Profiles, Finance, Markets, Reports, Statistics | Read More

Greece: assessing recent developments in the context of the 2nd programme review

Greece: assessing recent developments in the context of the 2nd programme review
Greece Macro Monitor (14 February, 2017) Assessing recent developments in the context of the 2nd programme review In this report we take stock of recent developments in the context of the 2nd programme review, highlighting some important challenges in the way to reaching a staff level agreement (SLA)...
February 14th, 2017 | Banking, Country Profiles, Finance, Reports | Read More

Contrasting the views of the EU Institutions and the IMF staff on the outlook of Greek economy…

Contrasting the views of the EU Institutions and the IMF staff on the outlook of Greek economy…
Greece Macro Monitor (6 February, 2017) Contrasting the views of the EU Institutions and the IMF staff on the outlook of Greek economy and the present bailout programme The study presented herein has been motivated by the ongoing negotiations between the Greek government and the Institutions (EC/ECB/IMF/ESM)...
February 6th, 2017 | Country Profiles, European Union, Insight, News, Politics and Government, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 31, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 31, 2017)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of euro area government bonds weakened on Tuesday amid heightened ECB tapering talk after Germany’s HICP rose to a 3 ½ year...
January 31st, 2017 | Banking, Company Profiles, Country Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Greece: January – December 2016 State Budget Execution, and November 2016 General Government Arrears

Greece: January – December 2016 State Budget Execution, and November 2016 General Government Arrears
Global Economic & Market Outlook – Focus Notes (Thursday, January 26 2017) Greece: January – December 2016 State Budget Execution, and November 2016 General Government Arrears According to the final State Budget Execution data for January – December 2016, the budge balance recorded a deficit...
January 26th, 2017 | Banking, Company Profiles, Country Profiles, Finance, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Greece: Unemployment rate drops , however employment growth decelerates in October 2016

Greece: Unemployment rate drops , however employment growth decelerates in October 2016
Greece: Unemployment rate drops , however employment growth decelerates in October 2016  The unemployment rate stood at 23.0% in October 2016 (or 23.7% – 12 month moving average) from 23.1% in September 2016 and 24.5% in October 2015 Our forecast for 2016 is 23.6%. Descriptive statistics, Jan...
January 12th, 2017 | Banking, Country Profiles, Finance, HR, Reports | Read More

Greece: positive signs from economic sentiment, industrial production and commercial transactions

Greece: positive signs from economic sentiment, industrial production and commercial transactions
Global Economic & Market Outlook – Focus Notes (January 10, 2017) Greece: positive signs from economic sentiment, industrial production and commercial transactions The economic sentiment indicator (ESI) increased in December 2016 both in monthly (+2.2 units) and annual terms (+7.0 units), coming...
January 10th, 2017 | Banking, Country Profiles, Finance, Reports, Shipfinance | Read More

Greece – 2nd programme review State of play, dynamics between the parties involved

Greece – 2nd programme review State of play, dynamics between the parties involved
Global Economic & Market Outlook – Focus Notes (Thursday, December 15, 2016) 2nd Programme Review – State of Play, Dynamics between the Parties Involved The December 5 Eurogroup did not produce a staff level agreement on the conditionality underlying Greece’s 2nd programme review although...
December 15th, 2016 | Country Profiles, Markets, News, Reports | Read More

Regional Economics and Market Strategy Monthly (Thursday, December 15, 2016)

Regional Economics and Market Strategy Monthly (Thursday, December 15, 2016)
A more challenging year for the region in 2017  REGIONAL MACROECONOMIC DEVELOPMENTS & OUTLOOK Q3-2016 second GDP estimates confirm that the economies of the region are on track to meet their FY projections Private consumption in the driver’s seat on improved sentiment, rising real wages,...
December 15th, 2016 | Banking, Country Profiles, Finance, Markets, News, Reports | Read More

Greece: 2017 Budget Assessment

Greece: 2017 Budget Assessment
Global Economic & Market Outlook – Focus Notes (Thursday, November 24 2016) Greece: 2017 Budget Assessment   The Greek Government submitted in Parliament the 2017 Budget. The 2017 Budget is to be voted by Parliament until December 10th 2016. Below we present a brief review of the basic 2017...
November 24th, 2016 | Country Profiles, Reports | Read More

Greece: Draft 2017 budget, fiscal drag & attainability of medium-term fiscal targets

Greece: Draft 2017 budget, fiscal drag & attainability of medium-term fiscal targets
Greece Macro Monitor (6 October 2016) Draft 2017 budget, fiscal drag & attainability of medium-term fiscal targets This report looks at the structure and the underlying assumptions of Greece’s draft budget for 2017, which was released earlier this week. Based on an analysis of its main components,...
October 6th, 2016 | Banking, Comment, Company Profiles, Country Profiles, Person Profiles, Reports, Statistics, Stock Markets | Read More