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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economyof extraordinary support, 1.1 billion euros of which is related to the energy crisis. The Finance... are worth 855 million euros; 1.1 billion euros will be allocated to retirees
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Sept economic sentiment drops to early 2021 levels, consumer confidence down by 6.7 pts
EconomyMacroeconomy. The euro area’s ESI was 92.5 points, down by 1.1 points from September. The recovery in Greece’s consumer... and off the recent high in positive territory of 1.1 points in March.
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP decreased by 0.1 percent quarter-on-quarter (QoQ), from a downward revised 1.1 percent in the last quarter of 2022, provisional data from the Hellenic... sees this year’s growth substantially revised from the 1.1 pct of January, and now it expects the Greek
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomybalance will come to 2.1 pct of GDP, from 1.1 pct this year. The total deficit will halve to 2.49 billion euros, at -1.1 pct of GDP, from 4.78 billion euros, -2.1 pct of GDP, this year. Interest payments
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP was essentially unchanged in Q3, rising by 0.02 percent quarter-on-quarter (QoQ), from 1.1 percent rise in Q2, provisional data from the Hellenic Statistical... increased by 4.9 percent. Exports rose by 1 percent year-on-year, with goods down by 1.1 percent
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Trade deficit soars 34 pct YoY in Feb to over 3bln
EconomyMacroeconomyby 1.1 percent. Excluding the impact of oil products and the value of ships, imports increased... the total to 5.61 billion euros. Imports dropped by 1.1 percent, while exports decreased by 11.4 percent
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesGreece has reported record flows of inward investment in 2021 and looks set to exceed the amount..., and set a new record since the Bank of Greece began publishing data in 2002. For the current year, the government has set the bar at 7-8 billion euros, with almost 5 billion already secured in H1, which
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What's likely to be in the next multi-bill of prior actions Greek MPs will vote on
EconomyProgrammeFollowing the vote of the first set of prior actions demanded by Greece’s lenders last Wednesday, the government is preparing a second bill with the remaining measures set out in the Euro summit... retirement ages will be set at 67 years for a minimum of 15 years of contributions or at 62 years for 40
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Greek banks complete book building: A recap of where we stand
Economybillion. Since the offer prices of all book building processes were set way below the minimum price... state aid. The offer price was set at 0.04 euros, reflecting a discount of 34.4 percent on the last... and bond investors. The offer price of the book building process was set at 0.01 euros, which
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgramme-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well... on the second set of milestones that have to be implemented by mid-December to unlock the next sub-tranche... on to the second set of measures, while also called on the Greek authorities to tackle the remaining
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