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  1. General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    million), local governments (+10 million) SSFs (+3 million) and extrabudgetary funds (+3 million

    6%
  2. Greece issues new 10 yr bond as investor appetite returns
    Photo by MacroPolis

    Economy

    Greece completed its third market foray for the year by issuing a 10-year bond of 3 billion euros. The coupon was 1.5 pct and the yield settled at 1.57 pct, suggesting a re-offer price of 99.375...., leading to the issue being oversubscribed by 5.6 times, compared to 3 times on the mid-April issue

    6%
  3. Newsletter 253 -12/06/2020

    Newsletters

    pct this year Greece completed its third market foray for the year by issuing a 10-year bond of 3..., leading to the issue being oversubscribed by 5.6 times, compared to 3 times on the mid-April issue

    6%
  4. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    fee income came to 151 million, up by 3 YoY, driven by loan generation, asset management... of 3 percent YoY and 12 percent QoQ. The main contributors were new loan generation, as well

    6%
  5. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    and 263 million respectively. PIB For the aggregate period, PIB revenues came just short of 3 billion..., overshooting the target by 2.29 billion. Overall, the PIB balance landed on a deficit of close to 3 billion

    6%
  6. Govt weighs up stricter measures to suppress Covid-19, talks up vaccine hopes
    Photo by MacroPolis

    PoliticsGreek Politics

    presence. Kikilias On Tuesday, Health Minister Vassilis Kikilias said that Greece would get 3 million... President Ursula von der Leyen, will secure 400 million doses of the vaccine currently in phase 3

    6%
  7. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . Kathimerini reported that if the purchase goes ahead, it would cost Greece 3 billion euros. It went..., the reduction was not as dramatic. In 2008, Greece was spending 3 pct of its GDP on defence. In 2018

    6%
  8. Defence spending, economic support plans dominate PM's policy speech

    PoliticsGreek Politics

    jobs, many of which had been trailed for weeks in the local media. The key interventions include a 3... suggested that the new support measures require 3 billion euros, which is the same amount that Greece

    6%
  9. Newsletter 270 -23/10/2020

    Newsletters

    high infections. These are considered Category 3 areas. Those in Category 4, such as Kozani..., are at the epicentre of the latest outbreaks. Starting on Thursday, Thessaloniki was upgraded to level 3 on Greece’s

    6%
  10. Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
    Photo by MacroPolis

    EconomyProgramme

    amongst member states. Inflation was assumed at 2 pct by 2030, the interest rate assumptions average 3... nominal growth of 3 pct and higher risk premium reflected in Greece’s refinancing rate. Even

    6%