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  1. Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    in 2018, around 2 billion euros remained unpaid at the end of December. The Finance Ministry has argued... from the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent... is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent

    5%

  2. Newsletter 198 -15/03/2019

    Newsletters

    to make up just 2 billion euros, compared to 9 billion euros of non-performing mortgages... access and signed the first bailout. Greece raised 2.5 billion euros, was looking initially for 2... objectives it needs more credible measures to achieve them in the IMF’s view. 2 Unemployment at 18.7 pct

    5%

  3. Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
    Photo by MacroPolis

    PoliticsGreek Politics

    few days. Centre-left Movement for Change (KINAL) gained 7.1 percent (2 MEPs), the Communist Party (KKE) 5.7 percent (2 MEPs) and Golden Dawn 4.8 percent (2 MEPs). Beyond the considerable winning

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  4. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    staying negative for a tenth quarter. A very slight increase in NPE formation of 2 million euros... and 2021. Reductions in 2019 are expected to come from the sale of the Pillar portfolio (2 billion... by the bank for the Pillar portfolio of residential mortgage NPEs worth roughly 2 billion euros. Non

    5%

  5. Report exposes fractured and incomplete response to refugees

    Society

    million euros was allocated for a revised PHILOS 2 project, along with a 400-euro stipend for staff... the country that the PHILOS 2 project had envisioned. The report showed that as of May 2019, there was only... at the Leros centre. Part of the delay related to the PHILOS 2 project was that KEELPNO, which was leading

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  6. Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
    Photo by MacroPolis

    Economy

    with a guidance of 2 percent. The book continued to attract strong interest and closed just before lunch... and a yield of 3.6 percent. The new issue matures on April 2, 2024. The January issue was met... 2010. Greece raised 2.5 billion euros via this issuance, surpassing the initial target of 2 billion

    5%

  7. Newsletter 215 -19/07/2019

    Newsletters

    to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros in tax... (IoIs) exceeding 10.5 billion euros, before the book officially opening with a guidance of 2 percent... year. 2 Budget primary surplus at 382 mln Primary balance for June comes to a deficit of 534 million

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  8. The oil and gas debate Greece is not having

    Agora

    the Paris agreement target of “limiting global warming to well below 2°C and pursuing efforts... of 2°C - there is little scope for the development of new fields, even when accounting for the natural.... The same paper estimates that, to meet a target of 2 °C, “a third of oil reserves, half of gas

    5%

  9. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    that in June, international arrivals by air rose by 2 percent. In the aggregate period, arrivals rose by 4.4... compared to an estimation of 2 percent in the autumn forecast, and in line with the interim winter... for next year is seen at 2 percent, from 2.1 percent in the previous outlook.

    5%

  10. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    were 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came..., while those with 2 stars faced a loss of 58 percent. Hotels with 3, 4 and 5 stars faced losses of 39

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