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Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBanking, Greece drew another 2 billion euros, with a re-offer yield of 1.15 pct, implying a price of 109.46.... budget that was tabled to Parliament earlier in the month, the PDMA gave some guidance of its debt..., with more details forthcoming in the final budget next month.
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Newsletter 284 - 12/02/2021
measures for the whole year would amount to 7.5 billion euros, its budget plans for 2021 have already... billion euros, or more. This will lead the ministry to have to submit a revised 2021 budget... of this month, according to Ta Nea. 2 EC sees big drop for economy in 2020 Expects milder recovery of 3.5 pct
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General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
EconomyMacroeconomy, the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million euros. The state budget primary balance for the same time last year came to a surplus of 495 million... gross debt rose by 2 billion euros month-on-month to 376 billion euros. The movement largely stemmed
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General govt primary cash deficit at 1.99 bln in February; arrears jump
EconomyMacroeconomyeuros YoY. Overall, the state budget primary balance showed a fall of 2.45 billion euros, landing at a deficit of 1.62 billion euros. The state budget primary balance for the same time last year came... of the year revenue fell by 2 percent YoY to 12.3 billion euros. In absolute terms, the greatest
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Newsletter 310 - 01/10/2021
in Article 2 of the accord, which includes a mutual defence clause that does not exclude attacks... to be addressed with urgency and has already increased the budget for the subsidy of electricity... in February this year when it grew by 3.7 pct. Retail The latest household budget survey by ELSTAT
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Mitsotakis rules out another lockdown, dismisses criticism of new Covid measures
PoliticsGreek Politicsof emergency healthcare and economic support measures on the budget, combined with the rising demand... is currently finalising the 2022 budget, while trying to demonstrate fiscal responsibility, in light... confirmed that a double rise in the minimum wage is on the table for 2022. In addition, the planned 2 pct
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Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
PoliticsGreek Politicsin passing on rising prices to consumers, as the latest budget figures show the gains from economic... relief and emergency subsidies on energy bills have created a 7.2-billion-euro budget deficit... largely intact as the opposition party slid from 22 pct to 21.5 pct. Third party KINAL gained 2 pct
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Imminent end for enhanced surveillance offers boost to beleaguered govt
PoliticsGreek Politicsto another deficit budget, but under the condition that in the Medium-Term Fiscal Strategy (MTFS) Greece... pct from 2023. The primary deficit for this year is seen at 2 pct of GDP, with the prospect of rising..., or 2-2.5 pct of GDP. Public debt is seen in the region of 150 pct by 2026. Away from the budget
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek Politicswill come from the state budget. Another 45 million euros from the national budget will go towards... of the year, will cost 2 billion euros, of which 800 million will come from public coffers and the rest
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Unveiling of relief package imminent as electoral law speculation is revived
PoliticsGreek Politicsbudget deficit to 2 pct of GDP this year and turn that into a 1 pct of GDP primary surplus next... significantly, reducing the need for state budget contribution to the levels seen in September, fiscal
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