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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammedifference for all current main pensions, with the resulting drop in an individual pension limited to 22 percent. This ceiling is currently under discussion with the institutions. If the resulting savings... to be reduced. The weighted average drop in main pensions stands at 9 percent, a Labour Minister official
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Newsletter 224 -18/10/2019
, which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent... that the majority of the spending ceiling savings will come from the purchase of goods and services... statement. The total for central bank funding comes to 7.51 billion, fully reflecting a drop of 700
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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyin September was split between a drop in the Emergency Liquidity Assistance (ELA) funding by 1.58... the ECB decided twice in September to reduce the ELA ceiling for Greek banks by 0.6 and 0.2 billion...) in exchange for its participation in their first recapitalisation. Following the drop in both and ELA
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomy, when it eased by 2.01 billion euros from a 2.67 billion drop in September, the Bank of Greece's (BoG... billion. This represents the second consecutive drop and reflects the return of Greek banks’ repos...’ ELA ceiling was cut twice by the ECB (on September 3 and 17) and by 1 billion euros each time
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Newsletter 66 - 11/03/2016
liquidity assistance (ELA) ceiling for Greek banks stable at 71.4 billion. This was the first time... 2012. Consumer prices drop The Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7 percent drop in January. However, the harmonised index of consumer prices (HICP) rose by 0.1
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Eurosystem funding down by 535 mln in April, ELA falls for second straight month
EconomyMacroeconomythe drop of 535 million euros in April is the lowest in this series, Bank of Greece's (BoG) monthly... on March 23 to increase the ELA ceiling by 400 million euros to 46.6 billion for the first time since.... Almost two thirds of that marked drop (44.67 billion) relates to lower reliance on ELA funding
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyexpected as the ECB had decided on May 18 to reduce the ELA ceiling for Greek banks by 1.2 billion to 45.3..., mainly reflecting a drop in the ECB funding by 6.73 billion, as Greek banks replaced this type... programme was agreed, with almost two thirds of that marked drop (46.07 billion) related to lower
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Newsletter 253 -12/06/2020
and by gradually raising the ceiling on the T-bills rollovers. The latest OECD economic outlook... sales drop by 49.1 pct in May Aggregate decline comes to 34.9 percent Road motor vehicles going into circulation for the first time fell by 49.1 percent in May, softening compared to a sharper drop
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Drop in CPI eased in Feb but Greece still firmly in deflation territory
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5..., the CPI eased 1.3 percent mainly on the back of an 18.8 percent drop in clothing and footwear prices... by deflation most. The showed a drop in prices ranging from 3.4 to 4.1 percent. The second group
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Another big drop for building activity, which fell by 35.3 pct in January
EconomyMacroeconomyin January retreating by 35.3 percent, following a 29.6 percent drop in December, according... Ellada and South Aegean recorded the slowest decline at 20 percent. The rate of drop in the Attica... of building permits in 2013 stood at just 16,400 from 65,500 in 2008, implying a 75 percent drop
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