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IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Economyhas a long-standing estimate of the country’s long-term growth rate at under 1 pct on average.... On the fiscal front, the primary deficit is seen dropping to 1 pct of GDP next year, from 7.25 pct of GDP
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Q1 unemployment at 17.1 pct amid drop in employed, rise in inactives
EconomyMacroeconomypercent. The number of long-term unemployed (over 1 year) came to 434,900 people, (over 1 year
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Delta variant shifts goalposts for tourism season and vaccinations
PoliticsGreek Politicsin the implementation of the bloc’s digital Covid certificate, making it unlikely to launch fully on July 1... is already giving cause for concern. The Tourism Ministry estimates that Greece has only received 1
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Labour compensation and productivity in the EU-27 and Greece
Agorameasures need to be the same as real GDP for the entire economy.[1] Gross value added, as measured... is senior policy advisor at ELIAMEP. [1] A third measure of real GDP is from the “aggregate demand
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Newsletter 303 - 02/07/2021
will lead to the primary surplus estimates seen in the Medium-Term Fiscal Strategy dropping by roughly 1... for this summer. Indoor entertainment is due to reopen on July 1, while indoor dining will be reintroduced
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PM opts for compulsory vaccinations in healthcare as Covid-19 cases continue to surge
PoliticsGreek Politics, outnumbering them almost 4:1 on Monday. The average age of confirmed cases continues to fall, reaching... are healthcare workers in the national health system who will need to get vaccinated by September 1
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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingand 7 billion euros from Sunrise 1. Piraeus intends to have 3.6 billion euros of NPEs in early 2022... forma for share capital increase of 1.4 billion euros carried out in Q2. Tier 1 ratio was 12.5 pct
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Central government debt increases 6.53 bln to 387.3 bln in Q2
EconomyMacroeconomythat long-term (over 5 years) debt made up 75.1 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 13.7 percent and 11.2 percent respectively
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Crunch time nears for health system as Covid surge meets staff suspensions
PoliticsGreek Politicsare obliged under an emergency law to get vaccinated against Covid-19 by September 1, or face suspension... cancelled all scheduled staff leave from September 1, as well as making arrangements for short-term
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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBankingcame to 91.3 million euros. Recurring operating expenses rose 1 percent QoQ to 260.9 million in Q2... percent in Q1. At the end of June, the Common Equity Tier 1 (CET1) ratio stood at 14.8 percent, a drop
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