Search
-
Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomythat sees Covid-19 related support measures extended into 2021, roughly half the size of what... consultation with the latest Article IV report issued in November 2019. Since both previous official... the 8 pct on average in the previous estimate. Stressing the baseline assumptions, a lower primary
5% -
Newest Greek market foray for 10-yr bond breaks two records
EconomyMacroeconomythe cash reserves as there is an ongoing need to support the Greek economy and cushion the impact... the yield curve and the offers that exceeded 29 billion euros broke the previous record of 25 billion..., and there is a significant rise for banks that stood at 17 pct in the previous issue. The geographic
5% -
Newsletter 289 - 19/03/2021
and the higher funding needs for support measures that have already exceeded the initial estimates by 4... in December There were 24,332 fewer unemployed people in December versus the previous month The drop... versus the previous month. On an annual basis, the number of unemployed decreased by 44,853 people
5% -
NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingby the targeted application of payment moratoria, as well as government support schemes. Following the expiry..., with an NPE coverage at 62.8 percent, from 56.4 percent in the previous quarter. Overall, the domestic... percent YoY). Operating expenses in Q4 came to 199 million euros, a 6.7 percent increase from the previous
5% -
General govt primary deficit at 3.87 bln in March; spending soars
EconomyMacroeconomygovernment guarantees fell by 344 million euros compared to the previous month and came to 15.6 billion. The remaining 320 million euros of bank support was eliminated in March, though there were 2.41... compared to the previous month, and totalled 2.56 billion. Month-on-month increases were seen in five
5% -
Central government debt rises 6.79 bln to 380.8 bln in Q1
EconomyMacroeconomya 2.2 billion-euro increase in repos, while T-bills increased 399 million euros. Financial Support...-on-quarter (QoQ) in the first quarter (Q1) of 2021, from 374 billion euros in the previous quarter... to 55.3 million euros from 139.4 million euros in the previous quarter.
5% -
IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Economythe pandemic at 3 pct. The withdrawal of support could cause a cliff effect that might affect insolvencies... of the pandemic, with the only significant deviation from previous views being the uncertainty over the sustainability of Greece’s debt in the long-term. In the previous long-term assessment of Greece’s debt
5% -
Newsletter 300 - 11/06/2021
Democracy’s support since last month rekindled the chatter about early elections being held so... consistently negative for the previous 13 months. December’s 2.3 percent drop surpassing the previous lowest
5% -
After impact of fires, PM tweaks team, with focus on communication
PoliticsGreek Politicsto the Prime Minister, with responsibility for public support and rehabilitation with respect to natural... that included heavy snow in Attica, leaving hundreds of thousands of residents without power. The previous... as acting spokeswoman Aristotelia Peloni returns to her previous role as alternative spokesperson
5% -
Central government debt increases 6.53 bln to 387.3 bln in Q2
EconomyMacroeconomy. Repos decreased by 992.4 million euros, while Financial Support Mechanism loans decreased by 488.5...-on-quarter (QoQ) in the second quarter (Q2) of 2021, from 380.8 billion euros in the previous quarter... of the segregated account fell to 39.4 million euros from 55.3 million euros in the previous quarter.
5%