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Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyweighted average interest rate on all existing loans dropped by 2 bps to 3.88 percent. The spread between existing loan and deposit rates fell by 2 bps month-on-month to 3.73 percentage points... percent, while the corresponding rate on loans to sole proprietors rose by 2 bps to 6.84 percent
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Newsletter 255 -26/06/2020
Kathimerini, the government is looking for 2 billion euros fiscal space so it can get back on track... to make these interventions. It will have to agree to a primary surplus target of less than 2 percent... in the first four months of the year and came to 1.9 million visitors. 2 Primary deficit at 4.80 bln in May
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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomyby 2 percent QoQ, while gross capital formation also fell by 4.5 percent compared to Q1. Imports.... Investment As mentioned, in Q2 gross fixed capital formation fell by 2 percent QoQ and by 10.3 percent YoY...’s GDP, a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP
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CPI falls by 1.8 pct YoY in October as air travel and energy drop
EconomyMacroeconomyto a decline of 2 percent seen in September, Hellenic Statistical Authority (ELSTAT) figures showed...’ index fell by 2 percent while the services index fell by 1.5 percent YoY. The harmonised index of consumer prices (HICP) fell by 2 percent YoY in October. Compared to September, the HICP increased
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Newsletter 273 -13/11/2020
in the third quarter and for an amount of up to 300 euros. 2 Employment balance negative by 33,356...-on-year (YoY) in October compared to a decline of 2 percent seen in September, Hellenic Statistical... in September. Additionally, the goods’ index fell by 2 percent while the services index fell by 1.5 percent
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Newsletter 277 -11/12/2020
budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM... slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... of 2 percent seen in October, Hellenic Statistical Authority (ELSTAT) figures showed. The average CPI
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Newsletter 302 - 18/06/2021
surpluses of 2 pct, 2.8 pct and 3.7 pct of GDP in 2023, 2024 and 2025 respectively. These translate... be noted that Greece has committed to primary surpluses in the region of 2 pct of GDP up to 2060... 2023 and regaining investment grade for Greek sovereign debt in the first half of 2023. 2 Deposits
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomythe pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2... in June. Consumer confidence is now roughly 2 points higher compared to July last year when it stood... points. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4
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The case for a general government balance sheet
Agoraand 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19... to a more detailed look at the balance sheets in Tables 1 and 2. The balance sheets reflect the data..., it is possible to make the balance sheet not only backward looking, as in Tables 1 & 2, but also
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Newsletter 327 - 11/02/2022
has pledged since the start of the energy crisis last autumn to 2 billion euros. Finance Minister... into February. This means the government has committed more than 2 billion euros to help consumers pay... to present a budget at the end of this year that will lead to a surplus, even if it is not at 2 pct
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