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Newsletter 218 -06/09/2019
be recorded as budget revenues and, in this way, allow for an indirect reduction of the fiscal targets... carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2... increases for both these geographic areas came to 0.8 percent and 1.1 percent, respectively. 2 GDP
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammedemographics. Based on the latest growth forecast of 2 percent this year and next and long-term... budget is submitted to the European Commission on October 15. According to Naftemporiki, the EU institutions have also asked the government for a detailed timeframe for the repayment of an estimated 2
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Latest T-bill auction highlights shift in Greek yield curve
Economyof 26-week T-bills on October 2 for the same amount produced a yield of 0.097 percent, while... curve over the last six months, with all issues up to 20 years now below the 2 percent threshold.... In the draft budget tabled in Parliament earlier this month, the Finance Ministry hinted at its aim
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Mission chiefs pick up fifth review baton as Greece mulls new bond issue
EconomyProgrammethat will allow the transfer of any additional budget surplus from one year to the next and the lowering... plans to raise 2-2.5 bln euros and the yield is expected to be around 2 pct, if a landmark 15-year bond... operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing risks.
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... being allocated to Greece. Athens believes this could be converted into a 1.5 to 2 pct annual boost... to the suspensions of contracts, although the hole will be plugged by the state budget. However
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Newsletter 253 -12/06/2020
budget. Earlier this week it emerged that 20 million euros were spent on public information campaigns... of January that fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros... in the first scenario and by 17.3 percent in the second, with rebounds in 2021. 2 Unemployment rate
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politics, the government is looking for 2 billion euros fiscal space so it can get back on track... these interventions. It will have to agree a primary surplus target of less than 2 pct of GDP next year. Kathimerini suggested that the draft budget being put together for 2021 could aim for a primary
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Newsletter 257 -07/07/2020
impact of 2 billion, taking the total to date to 14-15 billion euros, which rises to The EC’s forecast... prefers to load the measures on this year’s budget as the fiscal restrictions have been removed... but only 0.1 percent of total debtors. 2 Employment balance positive by 37,568 in June Unexpected
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The EU decision excluding nuclear and fossil fuels from the Just Transition Fund
Legalof €30 billion from an EU coronavirus recovery fund and €10 billion euros from the Commission’s budget... the Union’s 2030 target for climate set out in Article 2(11) of Regulation (EU) 2018/1999... in difficulty, as defined in Article 2(18) of Commission Regulation (EU) No 651/20145, unless
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Newsletter 270 -23/10/2020
and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance... another 2 billion euros, with a re-offer yield of 1.15 pct, implying a price of 109.46. The book... funds had 9 pct of the allocation. 2 Current account surplus of 79.7 mln in August Monthly balance
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