Thursday, June 30, 2016

The Commission has today proposed the 2017 draft EU Budget of €134.9 billion in payments focusing on the two main policy priorities for Europe: supporting the ongoing recovery of the European economy and addressing the security and humanitarian challenges in our neighbourhood... EU

 Brussels, 30 June 2016 -  European Commission - Press release  -  Draft EU Budget 2017: Commission proposes a budget focused on priorities - growth, jobs and a solid response to the refugee crisis

Αποφάσεις επιβολής προστίμων .. και ανακλήσεις αδειών, από την Επιτροπή Κεφαλαιαγοράς..

                                                             ΔΕΛΤΙΟ ΤΥΠΟΥ 

Το Διοικητικό Συμβούλιο της Επιτροπής Κεφαλαιαγοράς κατά την 759/29.6.2016 συνεδρίασή του αποφάσισε:

EU rules on electronic signatures, electronic seals, time stamps, electronic delivery service and website authentication, as well as electronic documents – as set out in the eIDAS Regulation – will apply directly in all EU Member States

Press Release - Electronic signatures, seals and other trust services valid throughout EU as of tomorrow

From 1 July, people, businesses and public administrations across the EU will be able to carry out convenient, secure and legally-valid electronic transactions across borders. 

Συγκροτήθηκε σε Σώμα το Διοικητικό Συμβούλιο της Τράπεζας ΠΕΙΡΑΙΩΣ..


Balance in hazardous price band for the European banking sector .. STOXX® Europe 600 Banks

Market comment ..

After a two-day break upward ... in corrective action this time the STOXX® Europe 600 Banks .. unlike indicators of major European financial markets which, after the restoration of the negative low day show signs of stabilization ..
The STOXX® Europe 600 Banks recorded losses of 0.85% at 124.20 m ... balancing above the lateral support of 119.4 m .. by investors to assess the impact of the Brexit ..

STOXX® Europe 600 Banks

The STOXX® Europe 600 Banks ... despite the upward reaction of the last line of defense of 116.85 m .. as noted ... before time low of 84.56 m .. 2009 still shows weakness .. move on .. highest points above the relegation zone .. Juggling at the bottom edge of the Bollinger Bands .. a temporary downward channel between the m .. 120.3 and 130.4 m ..

USA - At 526.6 million barrels, U.S. crude oil inventories are at historically high levels for this time of year. Total motor gasoline inventories increased by 1.4 million barrels last week, and are well above the upper limit of the average range... EIA

NEWS Release - Weekly Petroleum Status Report

U.S. crude oil refinery inputs averaged 16.7 million barrels per day during the week ending June 24, 2016, 190,000 barrels per day more than the previous week’s average. Refineries operated at 93.0% of their operable capacity last week. 

Διαγωνισμός Νέων Καλλιτεχνών με την ευκαιρία του εορτασμού των 175 χρόνων από την ίδρυση της Εθνικής Τράπεζας της Ελλάδος ...


Η Εθνική Τράπεζα, με την ευκαιρία του εορτασμού των 175 χρόνων από την ίδρυσή της, προκηρύσσει, με στόχο τη στήριξη, την ενθάρρυνση, την ανάδειξη και την προβολή νέων καλλιτεχνών, καλλιτεχνικό διαγωνισμό για τη δημιουργία εικαστικών έργων.

Το Δελτίο Τιμών Χρυσού και Νομισμάτων από την ΤτΕ ..

Αθήνα 30/6/2016

για συναλλαγές της Τ.Ε. με ιδιώτες έναντι Ευρώ (Π.Δ. 2456/00)
έως το ισόποσο των Ευρώ 10.000,00
Ισχύει από 30/6/2016 (08:00) και μέχρι την έκδοση νεοτέρου

Οι ομαδικές απολύσεις πληγώνουν το ίδιο επιχειρήσεις και εργαζόμενους, για αυτό θα πρέπει κανείς να προσεγγίσει το ζήτημα ως έσχατο μέσο επιτακτικών αναδιαρθρώσεων, με ρήτρες κοινωνικές που αφορούν στη διασφάλιση θέσεων εργασίας και στη δημιουργία νέων βιώσιμων θέσεων εργασίας και όχι σαν ένα παιχνίδι κοινωνικής και επιχειρηματικής ασυδοσίας .. ΕΒΕΑ


My baseline expectation has been that our economy is likely to continue on its path of growth at around 2 percent. I have also expected the ongoing healing in labor markets to continue, with healthy wage increases and job creation. As the economy tightens, I have expected that inflation will move up over time to the Committee's 2 percent objective... - Governor Jerome H. Powell - FED

NEWS Release - Governor Jerome H. Powell  At the Chicago Council on Global Affairs, Chicago, Illinois  June 28, 2016


Recent Economic Developments, Monetary Policy Considerations and Longer-term Prospects

Ολοκληρώθηκε η συγχώνευση και απορρόφηση της εταιρείας ΤΑΝΟΣΙΡΙΑΝ ΑΝΩΝΥΜΗ ΕΜΠΟΡΙΚΗ ΚΑΙ ΕΠΕΝΔΥΤΙΚΗ ΕΤΑΙΡΕΙΑΣ .. από την JUMBO

Ανακοίνωση διάθεσης Έγγράφου σύμφωνα με το άρθρο 4 του Ν. 3401/2005 για τη συγχώνευση της ανώνυμης εταιρείας «JUMBO Ανώνυμη Εμπορική Εταιρεία» με απορρόφηση της ανώνυμης εταιρείας «ΤΑΝΟΣΙΡΙΑΝ Ανώνυμη Εμπορική και Επενδυτική Εταιρεία»

Germany’s contribution to ensuring the success of the new European financial stability architecture is crucial for fostering its domestic financial stability and the success of the European reform agenda .. - IMF

Publication -   Germany : Financial Sector Assessment Program-Financial System Stability Assessment-


Κύπρος - Τον Ιούνιο 2016 το οικονομικό κλίμα παρουσίασε επιδείνωση με τον Δείκτη Οικονομικής Συγκυρίας (ΔΟΣ) να μειώνεται κατά 1,5 μονάδες σε σύγκριση με τον Μάιο 2016.. - Π.Κ.

Έρευνα Οικονομικής Συγκυρίας .. από το Πανεπιστήμιο Κύπρου 



Stabilizing opening is expected in the opening of European markets .. DAX 30

Market comment ..

The European markets in the wake of the announcement of yesterday's EU Council .. moving stabilizer shortly before the opening .. in an attempt to stabilize and assess developments after the outcome of the British referendum ... After the two-day upward reaction preceded .. to limit fluctuations expected today the opening of the principal markets ..

DAX 30

The DAX futures of ... shortly before the opening of markets are moving with marginal losses of 0.04% at 9590 m .. keeping the bearish short term trend .. despite previous days anodic reaction as still moving below the level of  EMA  ... and outside .. Kumo cloud ichimoku ... 

Monday, June 27, 2016

Η μηνιαία καθαρή ροή της συνολικής χρηματοδότησης προς τον εγχώριο ιδιωτικό τομέα ήταν αρνητική κατά 357 εκατ. ευρώ, έναντι αρνητικής καθαρής ροής 156 εκατ. ευρώ τον προηγούμενο μήνα. ..ΤτΕ

Δελτίο  Τύπου  - Τραπεζική χρηματοδότηση του εγχώριου ιδιωτικού τομέα: Μάιος 2016

Tο Μάιο του 2016, o ετήσιος ρυθμός μεταβολής της συνολικής χρηματοδότησης του εγχώριου ιδιωτικού τομέα διαμορφώθηκε σε -2,0%, από -1,9% τον προηγούμενο μήνα. 

The size and role of the euro area shadow banking sector within the euro area and global financial system has increased - With assets totalling over EUR 13 trillion, IFs, FVCs and MMFs account for over half of the broad shadow banking sector. .. ECB

Publication - Shadow banking in the euro area: risks and vulnerabilities in the investment fund sector

Non-technical summary

Collapsing the European banking sector ... new strong losses in price levels of 2009 .. STOXX® Europe 600 Banks

Market comment ..

After the devastating losses Friday because of the British referendum result and BREXIT .. ... a new strong corrective movement this time ..... the STOXX® Europe 600 Banks following the general trend in European markets recording .. but multiple casualties ... for a second day ..... losses of 7.24% at 119.73 m ... now moving to levels of March 2009 .. !!!

STOXX® Europe 600 Banks

The STOXX® Europe 600 Banks ... after stabilization effort made in opening markets .. tried to move to the level of 128.64 m .. and strong long-term support of 130.04 m .. given  reaction signs. ..

Τα μεγάλα λάθη που έχει κάνει τα τελευταία χρόνια η ΕΕ με την αδικαιολόγητη εμμονή της στις πολιτικές λιτότητας, με την αδιαφορία της για τον κοινωνικό ιστό και την μικρομεσαία επιχειρηματικότητα, πρέπει να διορθωθούν άμεσα .. ΕΒΕΑ


Ο πρόεδρος της ΚΕΕ και του ΕΒΕΑ κ. Κωνσταντίνος Μίχαλος ερωτηθείς από δημοσιογράφο για το αποτέλεσμα του δημοψηφίσματος στην Μεγάλη Βρετανία έκανε το ακόλουθο σχόλιο: 

As a bank headquartered in Germany and with a strong presence in the UK, we are well prepared to mitigate the consequences of the UK leaving the EU .. - Deutsche Bank

 NEWS Release -  The UK’s EU referendum result: a message to employees from John Cryan


John Cryan, Deutsche Bank CEO, sent out the following message to the Bank’s employees on June 24, 2016

The annual growth rate of loans to households stood at 1.6% in May, compared with 1.5% in April ..Monetary developments - ECB

Press Release  -  Monetary developments in the euro area: May 2016

 • The annual growth rate of the broad monetary aggregate M3 increased to 4.9% in May 2016, from 4.6% in April. • The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, decreased to 9.1% in May, from 9.7% in April.

Το Δελτίο Τιμών Χρυσού και Νομισμάτων από την ΤτΕ ..

Αθήνα 27/6/2016

για συναλλαγές της Τ.Ε. με ιδιώτες έναντι Ευρώ (Π.Δ. 2456/00)
έως το ισόποσο των Ευρώ 10.000,00
Ισχύει από 27/6/2016 (08:00) και μέχρι την έκδοση νεοτέρου

Stabilizing opening corrective perspective will reach European markets .. DAX 30

Market comment ..

The markets after the outcome of the British referendum remains on a downward trend in interest to focus on the developments expected in the coming days .. regarding the validation of the result by the British parliament .. and the next moves of the EU ..

DAX 30

The DAX futures of ... shortly before the opening of markets driven by falling 0.75% to 9,500 m .. below the pivot point of the EMA in 9950 m .. keeping the bearish outlook as they move down and the Kumo cloud ichimoku. .

Sunday, June 26, 2016

Over the last year, major economies' interest rates - adjusted for inflation - have edged further into negative territory and the stock of sovereign bonds trading at negative yields has hit record highs. ..- BIS

Press Release   - 26 June 2016 -   Policy remix needed to tackle pent-up risks, BIS says

There is an urgent need to rebalance policy in order to shift to a more robust and sustainable global expansion and address accumulated vulnerabilities, the Bank for International Settlements (BIS) writes in its 86th Annual Report, calling for prudential, fiscal and structural policies to play a greater role.

Καθώς η ιδιωτική κατανάλωση αναμένεται να παραμείνει υποτονική και το επόμενο έτος, η αύξηση των εξαγωγών, σε συνδυασμό με την αύξηση των επενδύσεων, παραμένει κρίσιμο μέγεθος για την ανάπτυξη και τη δημιουργία θέσεων εργασίας... ALPHA BANK

Απόσπασμα από το Εβδομαδιαίο Δελτίο Οικονομικών Εξελίξεων - Διεύθυνση Οικονομικών Μελετών ..ALPHA BANK

Ελληνική Οικονομία

In challenging times, a strong Union is one that thinks strategically, shares a vision and acts together. This is even more true after the British referendum. We will indeed have to rethink the way our Union works, but we perfectly know what to work for. We know what our principles, our interests and our priorities are. This is no time for uncertainty: our Union needs a Strategy. ..

Brussels, 26/06/2016  - PRESS RELEASE -  Federica Mogherini sends the EU Global Strategy to the Member States

Massive non-performing loans (NPLs) have led to the collapse of the banking system in many transition countries. China’s banking system faced the same problem in the process of transition. The Asian financial crisis aggravated and exposed these problems. Indicators such as capital adequacy ratio (CAR) and NPLs of China’s banking sector worsened substantially...IMF

News Release -  Michel Camdessus Central Banking Lecture  Managing Multi-Objective Monetary Policy: From the Perspective of Transitioning Chinese EconomyBy ZHOU Xiaochuan - Washington D.C., June 24, 2016

Saturday, June 25, 2016

Commissioner Lord Hill resigned from the European Commission ..

Press Release - Brussels, 25 June 2016 - European Commission - Statement

Statement on the Decision of Commissioner Lord Hill to resign from the European Commission and on the transfer of the Financial Services portfolio to Vice-President Valdis Dombrovskis

Commissioner Lord Hill, responsible for Financial Stability, Financial Services and the Capital Markets Union, has informed European Commission President Juncker of his decision to resign from his post as European Commissioner.

O επιχειρηματικός κόσμος θεωρεί κάτι παραπάνω από αναγκαία την ανάληψη άμεσων αναπτυξιακών πρωτοβουλιών για να γυρίσει η χώρα σελίδα και να εισέλθει μία ώρα αρχύτερα στην κανονικότητα της ανάκαμψης. Είναι αδήριτη ανάγκη να υιοθετηθεί ένα πρόγραμμα με μέτρα αναπτυξιακού χαρακτήρα, ώστε να μετριασθούν οι υφεσιακές επιπτώσεις των μέτρων υπερφορολόγησης της ιδιωτικής οικονομίας, που κακώς υιοθετήθηκαν και εφαρμόζονται.. - ΣΕΒ

Απόσπασμα από το Εβδομαδιαίο δελτίο για την Ελληνική οικονομία .. από τον ΣΕΒ

Αίσιο τέλος στην αβεβαιότητα της χρηματοδότησης!

On Wednesday the 27 Heads of State or Government will meet informally to discuss the political and practical implications of 'Brexit'. First of all, we will discuss the so called 'divorce process' as described in Art. 50 of the Treaty. And secondly, we will start a discussion on the future of the European Union with 27 Member States... President Donald Tusk

NEWS Release -  Invitation letter by President Donald Tusk to the members of the European Council

Inevitably, there will be a period of uncertainty and adjustment following this result. - Moreover, as a backstop, and to support the functioning of markets, the Bank of England stands ready to provide more than £250bn of additional funds through its normal facilities. ..- Bank of England

Press Release   -  Statement from the Governor of the Bank of England following the EU referendum result

The people of the United Kingdom have voted to leave the European Union.

The European Commission takes note of the outcome of the UK Referendum. Proceedings under Article 50 of the Treaty on European Union will have to be launched - .The terms of the UK Settlement agreed at the European Council of 18-19 February 2016 have ceased to exist.. - EU

NEWS Release -  Brussels, 24 June 2016 - European Commission - Fact Sheet  -  UK Referendum on Membership of the European Union: Questions & Answers

The European Commission takes note of the outcome of the UK Referendum.

In a free and democratic process, the British people have expressed their wish to leave the European Union. We regret this decision but respect it. This is an unprecedented situation but we are united in our response. We will stand strong and uphold the EU's core values of promoting peace and the well-being of its peoples. The Union of 27 Member States will continue ...EU

Press Release - Brussels, 24 June 2016  -  European Commission - Statement  -  Joint Statement by Martin Schulz, President of the European Parliament, Donald Tusk, President of the European Council, Mark Rutte, Holder of the Presidency of the Council of the EU, Jean-Claude Juncker, President of the European Commission


The ECB stands ready to provide additional liquidity, if needed, in euro and foreign currencies....

PRESS RELEASE  -  ECB is closely monitoring financial markets   24 June 2016


European Central Bank is closely monitoring financial markets - ECB continues to fulfil its responsibilities to ensure price stability and financial stability in the euro area

In the wake of the UK referendum on the country's membership of the European Union, the European Central Bank and the other central banks of the Eurosystem will closely monitor developments in financial markets...- Deutsche Bundesbank,

Press Release - Frankfurt am Main | 24.06.2016  - ECB closely monitoring financial markets following UK referendum

The Federal Reserve is prepared to provide dollar liquidity through its existing swap lines with central banks, as necessary, to address pressures in global funding markets, which could have adverse implications for the U.S. economy.

Press Release -Federal Reserve is carefully monitoring developments in global financial markets

We strongly support commitments of the Bank of England and the ECB to supply liquidity to the banking system and curtail excess financial volatility. We will continue to monitor developments closely and stand ready to support our members as needed... - IMF

Press Release No. 16/303 - Statement by Christine Lagarde on the U.K. Referendum  - June 24, 2016

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

Brexit - Oι χρηματιστηριακοί δείκτες διεθνώς θα πιεσθούν, η στερλίνα θα εξασθενήσει και τα ασφαλή επενδυτικά προϊόντα θα συγκεντρώσουν το αγοραστικό ενδιαφέρον. Οι αγορές θα προσπαθήσουν να κινηθούν σε νέα χαμηλότερα επίπεδα ισορροπίας προσδιοριζόμενα από τις μελλοντικές οικονομικές συνθήκες. .. - ALPHA BANK

Απόσπασμα από το Εβδομαδιαίο Δελτίο Οικονομικών Εξελίξεων - Διεύθυνση Οικονομικών Μελετών .. ALPHA BANK

Παγκόσμια Οικονομία 

Σε ό,τι αφορά την Ελλάδα, λόγω του μικρού μεγέθους και της διάρθρωσης των οικονομικών μας σχέσεων, οι επιπτώσεις του Brexit εκτιμώ ότι θα είναι περιορισμένες... Μιχάλης Σάλλας - Τράπεζα ΠΕΙΡΑΙΩΣ

Δελτίο Τύπου   - Handelsblatt: Ο Έλληνας Τραπεζίτης κάνει λόγο για «βαρύ πλήγμα» 

Ο Μιχάλης Σάλλας, Πρόεδρος της Τράπεζας Πειραιώς, του μεγαλύτερου χρηματοπιστωτικού ιδρύματος, σχολίασε στη Handelsblatt: «Η έξοδος της Βρετανίας από την Ευρωπαϊκή Ένωση είναι βαρύ πλήγμα στην ευρωπαϊκή ενότητα και την ευρωπαϊκή οικονομία.» 

Ως τις 31 Ιουλίου 2016 η Προθεσμία υποβολής ενστάσεων για την μεταβίβαση χαρτοφυλακίου από την ασφαλιστική επιχείρηση INTERNATIONAL LIFE προς την ΑΕΕΓΑ ΕΘΝΙΚΗ .. ΤτΕ

Δελτίο Τύπου  - Προθεσμία υποβολής ενστάσεων υπό των ενδιαφερομένων αναφορικά με τη μεταβίβαση χαρτοφυλακίου από την ασφαλιστική επιχείρηση «INTERNATIONAL LIFE Ανώνυμη Εταιρία Ασφαλίσεων Ζωής» προς την ασφαλιστική επιχείρηση «ΑΕΕΓΑ Η ΕΘΝΙΚΗ»

Με πολύ μεγάλη επιτυχία και αριθμό ρεκόρ προκριθέντων ολοκληρώθηκε η διαδικασία επιλογής των νέων επιχειρηματικών ομάδων που θα συμμετάσχουν στον 4ο κύκλο του Προγράμματος Νεανικής Καινοτόμου Επιχειρηματικότητας egg... - EUROBANK

Δελτίο Τύπου - Έναρξη 4ου κύκλου του Προγράμματος egg

Τριάντα μία (31) επιχειρηματικές ομάδες εντάσσονται στον 4ο κύκλο του Προγράμματος egg - enter•grow•go

Thursday, June 23, 2016

Το Δελτίο Τιμών Χρυσού και Νομισμάτων από την ΤτΕ

Αθήνα 23/6/2016

για συναλλαγές της Τ.Ε. με ιδιώτες έναντι Ευρώ (Π.Δ. 2456/00)
έως το ισόποσο των Ευρώ 10.000,00
Ισχύει από 23/6/2016 (08:00) και μέχρι την έκδοση νεοτέρου

Stabilizing opening is expected in the European markets .. waiting .. British referendum taking place today .. DAX 30 ..

Market comment ..

Good morning to all .. The looks of the global investment community is facing in the British referendum, which began earlier this morning .. for stay or withdrawal of Britain from the EU .. whenever any attempt detection or analysis of movement of international markets. . forward in this major economic event, it seemed as utopia ... Besides all the previous days, investors expressed their concern .. with the strong pressures that occurred .... and their expectations .. the strong price recovery made then .. in view of the progress and to hold the first element of the result .. not a particular movement in the markets expected ..

DAX 30

The DAX futures of ... shortly before the opening of markets are moving with marginal gains of 0.06% at 10,145 m .. marginally above the diagonal resistance of 10.150 m .. and over .. Kumo cloud ichimoku .. 

Wednesday, June 22, 2016

The Governing Council of the European Central Bank (ECB) today decided to reinstate the waiver affecting the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic. ..

Press Release - ECB reinstates waiver affecting the eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations

ECB’s Governing Council reinstates waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by the Hellenic Republic, subject to special haircuts  Waiver will enter into force on the next MRO settlement date (29 June 2016)

Το ταξιδιωτικό ισοζύγιο τον Απρίλιο του 2016 εμφάνισε πλεόνασμα 280 εκατ. ευρώ, μειωμένο κατά 10,0% έναντι πλεονάσματος 311 εκατ. ευρώ τον αντίστοιχο μήνα του 2015..(πρωσορινά στοιχεία ) ΤτΕ

Δελτίο Τύπου  - Εξελίξεις στο ταξιδιωτικό ισοζύγιο πληρωμών: Απρίλιος 2016

Ταξιδιωτικό ισοζύγιο 

Elements for a new EU strategy on China - Τhe economic policy of China makes about its political, economic and social development matter to the EU more than ever ..

News Release - Elements for a new EU strategy on China - JOINT COMMUNICATION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL 

I.1 Executive summary 

USA - Manufacturing sector multifactor productivity decreased at a 1.0-percent annual rate in 2014 .. - BLS


Manufacturing sector multifactor productivity decreased at a 1.0-percent annual rate in 2014, the U.S. Bureau of Labor Statistics reported today. This decrease followed a 0.1-percent increase in 2013. The 2014 decline reflected a 1.7-percent increase in output and a 2.6-percent increase in combined inputs. (See table A, table 1.)

The FOMC continues to anticipate that economic conditions will improve further and that the economy will evolve in a manner that will warrant only gradual increases in the federal funds rate .. FED

NEWS Release - Chair Janet L. Yellen  Semiannual Monetary Policy Report to the Congress  Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.  June 21, 2016

Today, the world's cities are uniting their efforts to fight climate change behind a single global organisation, something that has never before happened .. EU

NEWS Release -  Global city movements join forces in the fight against climate change

Two major global initiatives to fight climate change at city level are merging to create an alliance of more than 7,100 cities across the world called the Global Covenant of Mayors for Climate and Energy.

This is an important moment both for Greece and for Europe. It is a recognition that Greece is making progress in modernising its economy. It also shows that Europe will not leave Greece alone. Greece is part of the European family... ESM

NEWS Release - Klaus Regling, Managing Director, ESM The Greek programme The Economist’s 20th Roundtable with the Government of Greece Athens, 22 June 2016