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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomy(1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent..., 100 percent of Trainose (operation and management of railway activities), 14 regional airports... reiterated it plans to issue 7- and 10-year bond as well as T-Bills with durations of more than 6
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European Commission evaluates impact of bailout programme
EconomyProgrammeage of 67 years. 2) Increasing health contributions for pensions to 6 percent (from 4 percent... in nominal terms until 2021 Additional provisions were included in the omnibus law voted on August 14... a closer link between contributions and benefits. 2) Broaden and modernise the contribution and pension
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In tight election race, rare TV debate carries element of unknown
PoliticsGreek Politicson September 14. In the handful of parliamentary debates that have been held since Meimarakis took over... (roughly 2 percentage points or more) on September 20 to consider the option of teaming up just with PASOK... finely balanced: Pulse for @action24_ SYRIZA 28 ND 27.5 G Dawn 7 PASOK 6.5 KKE 6 Potami 5.5 Cent
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Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Economy. Public finances are on a more sustainable path, with primary surpluses in excess of 2 percent of GDP... debt ratio will be reduced by around 7 percentage points within the next two years, to just above 174... such as the European Investment Bank (EIB). Moody's keeps the real GDP growth forecasts unchanged at 2
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyof 1.46 billion. 2) Extension of submission of the personal income tax (PIT) declarations leading... revenues fell by 5.3 percent to 24.84 billion around 14 percent or 4.1 billion short of target... to Manpower Employment Agency (at 26.7 percent of the FY target) 2) Other social security funds
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Newsletter 253 -12/06/2020
of January that fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros... by 14:30 local time with total offers of 15.75 billion euros and price of mid swaps +160 basis points... in the first scenario and by 17.3 percent in the second, with rebounds in 2021. 2 Unemployment rate
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Greece draws strong interest, attractive yield by re-opening 10-year bond
Economyto 140 basis points over mid-swaps. The books closed by 14:00 Athens time with a total of 18.... The US has 8 pct of the offers, just ahead of Greece at 7 pct. Fund managers got the lion’s share... and 2 billion from a 7-year syndication in April are takεν into account, the Public Debt Management
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economya negative savings rate, when in the EU the saving rate is close to 14 pct and close to 15 pct in the euro... to 2 pct. This leads Greece to having the lowest household investment rate, in the last spot... average for cities is roughly 11 pct and under 7 pct for rural areas. Looking at the housing costs
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General gov't cash surplus widened to 2 bln in January
EconomyMacroeconomyThe Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion euros from 1.51 billion last year, according to the gg bulletin released by the Ministry of Finance on Tuesday. The gg balance also showed a surplus at 1.76 billion from 1.25 billion last year. All gg
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Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln
EconomyMacroeconomyGreek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank of Greece (BoG) data showed on Friday. The net lending flow turned positive for the first time since June 2015 with net loan additions of 210 million euros in December from deductions of 458 million
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