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General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
EconomyMacroeconomymillion), local governments (+10 million) SSFs (+3 million) and extrabudgetary funds (+3 million
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Greece issues new 10 yr bond as investor appetite returns
EconomyGreece 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
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Newsletter 253 -12/06/2020
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
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingfee 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
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyand 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
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Govt weighs up stricter measures to suppress Covid-19, talks up vaccine hopes
PoliticsGreek Politicspresence. 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
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Trouble from Turkey prompts plans for extra defence spending after years of cuts
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
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politicsjobs, 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
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Newsletter 270 -23/10/2020
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
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeamongst 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
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