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Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
EconomyMacroeconomyGreek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday. Net deductions increased to 357 million euros..., with slight deductions of 14 million increasing the year to date negative flow to 100 million
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Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
EconomyMacroeconomyabove 100 points once more in September 2017 before dropping below it in October and November... consecutive month and fell by 2 points to -53 in February compared to -51 in January. Year-on-year
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Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority.... On a quarter-on-quarter basis, an increase of 4.5 percent was noted. The NSA index came to 100, the highest
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Newsletter 185 -30/11/2018
true colours as far as economic and fiscal policy are concerned. “Our first real 100 days in government will be completed tomorrow, when we will mark 100 days out of the MoU,” the prime minister told... this year, from a figure that was well in excess of 100 billion in the end of 2016. The NPE ratio
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Newsletter 22 - 03/04/2015
figures mark a third straight month of decline. 2 Overcoming the conceptual gap Time, goodwill.... The government expects these measures alone to produce at least some 2 billion euros of the 4.6 to 6.1 billion.... Unfortunately, this leaves policymakers with limited options. The type of measures that can
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PM unveils 300 mln support package, pairing economic relief with major defence upgrade
PoliticsGreek Politics, the government will increase taxation on online casino‑type gambling, raising the levy on winnings between 100 and 500 euros to 20 pct and on winnings above 500 euros to 30 pct. The measure is expected to generate around 100 million euros on an annual basis. The government’s decision to opt for targeted
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Newsletter 60 - 29/01/2016
euros in Q3, household disposable income was down by more than 1 billion from last year. 2 Solutions... a whole new type of problem. There were more than 850,000 arrivals in 2015, only 414 of whom have been... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
Agora/BioNTech, Moderna and CureVac. This type of vaccine is based on a breakthrough technology “[that] had..., Bulgaria’s would be 9 EUR per dose. I guess the “savings” of 2 EUR per dose (18%) is indicative... allocation “seems” more balanced with 33% allocated to each type of vaccine. However, on an EU-wide level
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Greece and the euro: The flight of Icarus
Agorawas more than 100 percent of GDP – the second highest in the EU. This should have been a cause for alarm... to create the first bailout of its type to prevent a disorderly Greek default. Bigger economies than Greece... that it underestimated by more than 100 percent the recessionary impact that spending cuts – the so
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Newsletter 205 -10/05/2019
of a bonus. Those earning pensions of up to 500 euros would receive an amount equal to 100 percent... of 2 percent in the autumn forecast, and in line with the interim winter forecast. As the report... recovery and high primary surpluses. 2 Unemployment for Feb at 18.5 pct Rate stays below 19 percent
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