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PM aims to press ahead with reform agenda in face of scandals and pandemic
PoliticsGreek Politicsminister who promised to “come in like a steamroller” and flatten all obstacles to economic recovery
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Newsletter 34 - 10/07/2015
to taking out 50 euros due to the shortage of 20 euro banknotes. Pensioners were most hit by the strict... estimates for 2015. Even before the imposition of capital controls, the rating agencies were projecting... increasing the corporate tax rate from 26 to 28 percent, with estimated revenues at 260 million in 2016
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Return to sender: Post office closures being reevaluated in wake of political uproar
PoliticsGreek Politicsas “difficult but necessary,” emphasising that postal services would continue via couriers, rural...-month consultation period. Rural challenges Beyond political infighting, the closures raised urgent questions about access to essential services. There are concerns that elderly citizens in rural areas
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation
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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomybillion compared to the previous month. The BoG figures also revealed that banknotes in circulation fell by 571 million to 33.99 billion, the lowest total since December 2014. Banknotes in circulation..., banknotes in circulation have dropped by 16.49 billion euros. The latest figure means
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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomyalso revealed that banknotes in circulation rose by 45.4 million euros in May, after a rise of 299... for the month came to 28.13 billion euros. Since their record high of 50.48 billion in June 2015, banknotes in circulation have declined by 22.35 billion euros. As of the latest month’s figures, banknotes
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Eurosystem funding rises by 64.9 mln in July
EconomyMacroeconomythat banknotes in circulation rose by 257.1 million euros in July. July’s increase is the sixth consecutive rise in banknotes in circulation in as many months. The total for the month came to 28.57 billion euros. Since their record high of 50.48 billion euros in June 2015, banknotes in circulation have declined
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Eurosystem funding drops by 464.8 mln in August
EconomyMacroeconomy. The BoG figures also revealed that banknotes in circulation rose by 14.1 million euros in August. August’s increase is the seventh consecutive rise in banknotes in circulation in as many months, though... billion euros. Since their record high of 50.48 billion euros in June 2015, banknotes in circulation have
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Eurosystem funding drops by 699.8 mln in September
EconomyMacroeconomycollateral stood at 16.45 billion euros. The BoG figures also revealed that banknotes in circulation rose by 45 million euros in September. September's increase is the eighth consecutive rise in banknotes... their record high of 50.48 billion euros in June 2015, banknotes in circulation have declined by 21.86
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Newsletter 241 - 28/02/2020
. Images in the media of riot police confronting citizens in rural communities are causing disquiet, even... for such estimates. Nevertheless, key sectors of the Greek economy are expected to suffer the effects of reduced... Theocharis estimates based on industry sources that the cancellation rate of Chinese bookings in Greece
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