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Retail turnover drops by 1.4 pct in August for sixth continuous decline, volume drops by 1 pct
EconomyMacroeconomyindex also fell by 1 percent after a revised decline of 2.8 percent. Compared to August 2019, the main... percent), followed by automotive fuel (-3.1 percent) and supermarkets (-1 percent). Increases were
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Industrial turnover continues to slide with 1 pct YoY drop in Aug
EconomyMacroeconomyGreece’s industrial turnover dropped further in August, with a decrease of 1 percent year-on-year (YoY), from a 1.8 percent drop in July, according to data released by the Hellenic Statistical... in the previous period. Manufacturing revenue dropped by 1 percent YoY, with the mining and quarrying rising
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyby 2.83 billion. This is mainly attributed to: 1) SMP and ANFA income of 1.46 billion... for declaration and payment by one month announced on July 18. Overall, revenues fell by 8 percent... than the 8 percent drop in revenues before tax refunds – and reached 24.65 billion, 4.28 billion
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Newsletter 50 - 06/11/2015
) for the remaining 75 percent. CoCos, which qualify as Common Equity Tier 1 (CET1) capital pari passu... an annual coupon of 8 percent. In addition, they are mandatorily converted to common shares if a bank’s CET1..., while their approval is expected by November 8. The two key pillars of the capital plans involve
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Newsletter 259 -24/07/2020
Essential EU funds secured Greece to get around 70 bln, OECD sees 8 to 9.6 pct contraction... 30 percent will be released by the end of 2023. The government will also be able to tap around 12... and employment. It repeated its previous estimates that GDP is set to shrink by between 8 to 9.8 percent
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Newsletter 270 -23/10/2020
and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance... at 17 pct. The US had 12 pct of the offers. Greek accounts, mostly banks according to the relevant... share with 61 pct, followed by banks with 17 pct and insurance and pension funds with 8 pct. Hedge
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomypct in 2022. After that, they return to the IMF’s long-term real GDP growth estimate of 1 pct... 5 billion in 2020 and 12 billion over the 2022-25 period, which includes the 15.7 billion... before resuming the declining path towards 153 pct of GDP in 2029, 8 percentage points higher than
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Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politicspct. Among the undecided voters, 8 pct say they are leaning towards voting for ND, 14 pct towards SYRIZA and 8 pct toward far-right Ellines (Greeks), while 37 pct did not declare a preference..., up by 1 point since earlier in the month. Ellines is unchanged, on 3 pct. On Thursday, former
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After Merkel, Samaras faces immediate challenges on domestic front
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/11/26/samaras_1000_myrto_2611-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
PoliticsGreek Politicssoon both on the “prior actions” remaining for Greece to receive its next bailout tranche of 1... that the October budget execution figures meant that Greece would only have to make extra savings of around 1... to pass its 2014 budget on December 8. Although it only has 154 of the 300 MPs in the House
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Why did Greece return to bond markets now? Was it the right decision?
Economyilluminate this debate. 1) Why did Greece issue this bond now? The Greek government had been... financed for the next 12 months and possibly beyond. The return to markets came just a few days after... in Greece’s upcoming T-Bill auctions, which are expected to ease to between 1 and 1.5 percent from
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