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  1. Newsletter 278 -14/12/2020

    Newsletters

    Greece bank. 2 Wages index up by 3 pct YoY in Q3 Quarterly figure shows drop of 1.5 pct versus Q2 Greece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY

    6%
  2. General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    (-22 million), SSFs (-9 million), state budget (-3 million) and extrabudgetary funds (-3 million

    6%
  3. Finance Ministry grapples with escalating cost of pandemic

    Economy

    monthly cost of lockdown measures to “over 3 billion euros”. Staikouras said 67 pct of all retail... the initial estimates to 3 billion euros for the first four months of the year, by adding 500

    6%
  4. Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer

    EconomyMacroeconomy

    (YoY) and dropped by 3 pct compared to the third quarter of 2020, probably the most normal operating... euros in just the first quarter, with speculation in the media that another package of 3 billion euros

    6%
  5. Newsletter 286 - 26/02/2021

    Newsletters

    confidence drops by 3 points to -46.2 Compared to February 2020, the ESI has decreased by 21.5 points... confidence fell by 3 points month-on-month and came to -46.2 in February. Compared to the same month last

    6%
  6. Retail turnover drops by 12.3 pct and volume by 11 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    dropped by 3 percent. The latest business indicators for February published by the European Commission showed that consumer confidence fell by 3 points month-on-month and came to -46.2. Compared

    6%
  7. A brief lexicon of the Cyprus issue negotiations
    Photo by MacroPolis

    Agora

    Here we go again. After a hiatus of more than 3 years, the negotiations for the resolution of the Cyprus issue have resumed this week. The Cypriot Bill Murray wakes up to yet another Groundhog Day...-President elected by members of their communities respectively while a 7:3 formula was used for the cabinet

    6%
  8. Economic sentiment stable in June, but consumer confidence drops
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 117 points in June, rising by 3 points month-on-month. Consumer confidence paused its recovery... to match the previous high of -4.8 in February 2020. Industry confidence dropped by 4.1 points to 3

    6%
  9. Discussion over PEPP, SGP draw attention to rising yields
    Photo by EC - Audiovisual Service

    EconomyFeatures

    bond, 2.5 billion in a 30-year note in March, 3 billion in the 5-year in May and 2.5 billion euros... of the debt threshold to 100 pct, from 60 pct currently. It also proposes keeping the 3 pct of GDP

    6%
  10. Central gov net cash position shows deficit reined in from last year to 6.97 bln

    EconomyMacroeconomy

    for the first 10 months of the year showed that revenues increased by circa 3 billion euros from last year... to 5.55 billion euros. Overall expenditure in the first 10 months showed a rise by approximately 3

    6%