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Athens mulls next move after Ankara writes to UN over maritime boundaries
PoliticsForeign Policytake decisions under pressure. Interestingly, SYRIZA appears willing to support the government... exhibit of this, as referred to in our previous statements, is the island of Kastellorizo/Megisti.” Greece submitted its reply to Ankara through the UN on March 19, but in response to a previous
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Central government debt increases by 5.81 bln to 361.83 bln in Q1
EconomyMacroeconomySupport Mechanism loans (+19.7 million) and BoG loans (+1.5 million). Declines were seen in T-bills...-on-quarter (QoQ) in the first quarter (Q1) of 2020, from 356.01 billion euros in the previous quarter... of the segregated account fell to 179.9 million euros from 689.6 million euros in the previous quarter.
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Survey shows investor interest remains solid
EconomyFeaturesof digitalisation of the state during the crisis and 72 percent supported the measures taken to support... year, although lower than the previous survey (47 percent). A notable number, 62 percent, believe... industry, notably rising from 9 percent in the previous year. At the same time, the percentage
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Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek Politicsto a question in Parliament on Friday, Finance Minister Christos Staikouras said that the support... the former police chief, who had been removed in the wake of the Mati fire by the previous government..., the previous government was not able to shake off the sense that, under its political leadership
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PM tries to draw line under Golden Dawn affair, defends handling of second Covid-19 wave
PoliticsGreek Politicsgiven that he has 158 MPs and strong public support. He was more evasive on a question regarding...-right party had opposed some of the changes to the penal code overseen by the previous government... than they would have under the previous framework. This has become a touchy issue for SYRIZA over
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyto the pandemic, the expenditure of the refundable advance payment to support the enterprises of about 864... for September came to a deficit of 1.52 billion euros, worsening compared to the previous month’s... euros in comparison to the same period of the previous year. PIB PIB revenues stood at 23 million
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomypayment to support the enterprises of about 864 million euros, paid by the Ministry of Finance (transfers... for September came to a deficit of 1.53 billion euros, completely reversing the previous month’s surplus... higher payments by 4.02 million euros in comparison to the same period of the previous year. PIB PIB
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomythat sees Covid-19 related support measures extended into 2021, roughly half the size of what... consultation with the latest Article IV report issued in November 2019. Since both previous official... the 8 pct on average in the previous estimate. Stressing the baseline assumptions, a lower primary
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Newest Greek market foray for 10-yr bond breaks two records
EconomyMacroeconomythe cash reserves as there is an ongoing need to support the Greek economy and cushion the impact... the yield curve and the offers that exceeded 29 billion euros broke the previous record of 25 billion..., and there is a significant rise for banks that stood at 17 pct in the previous issue. The geographic
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Newsletter 289 - 19/03/2021
and the higher funding needs for support measures that have already exceeded the initial estimates by 4... in December There were 24,332 fewer unemployed people in December versus the previous month The drop... versus the previous month. On an annual basis, the number of unemployed decreased by 44,853 people
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