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Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released... billion euros in March, with strong inflows over the last few months. The outstanding balance was 124.52
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PM touts strong economy and housing measures but voters focus on everyday worries
PoliticsGreek Politics. New Democracy maintains a strong lead in opinion polls, but large segments of voters have been underwhelmed by the government’s economic measures to date and express strong support for the farmers
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Fitch leaves rating at 'BBB' and outlook unchanged, sees strong fiscal performance
EconomyMacroeconomythe credibility of Greece’s fiscal framework. The government has established a strong post-pandemic.... Nonetheless, the sovereign-bank connection remains unusually strong because deferred tax credits account
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MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammeto 4.06 billion euros. Privatisations The MTFS sets a clear path for Greece’s privatisation programme... to 14.3 percent in 2022. Fiscal The Greek authorities expect very strong fiscal performance over... to this privatisation schedule in the coming years, it would bring total revenues from state assets sales
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Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek Politicsto privatisations of utility networks and infrastructure, although concession deals will be examined... of these for a short- and long-term deal with the eurozone. He will certainly receive strong public support... as a barometer for deciding its stance in these talks. So far, it has received strong backing. A rare pro
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicsappears to have secured strong backing for some of the key policy decisions it has taken so far... stressed the strong US interest in exporting LNG to Greece and using it as a hub to move the fuel... reforms and privatisations, would very probably imply lower, rather than higher public debt,” he
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyprivatisation programme, and firms' need to maintain and improve productive capacity in some sectors
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
Economythe corresponding VAT, the net proceeds for Greece’s privatisation programme stand at 483.87 million...). The 20-year extension of the concession agreement until 2046 was initially included in Greece’s privatisation... privatisation revenues of 4.56 billion in 2017-2021. The bulk of those proceeds are expected
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Privatisation of key northern ports on hold amid strategic rethink
PoliticsGreek Politicsof the privatisation programme drawn up with the country’s creditors. The announcement came as the sale... the privatisation fund HRADF had already awarded a concession for a cargo pier at Kavala to a consortium of US... is understood to be part of a bigger plan concerning a number of ports on the privatisation list
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Q3 unemployment in Greece still at 27 pct despite strong tourism season
EconomyMacroeconomythe strong tourism season. Attica’s rate stands marginally rose to 28.2 percent in Q3 (from 28.1 in Q2
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