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Greek banks on cusp of improved liquidity conditions
Agorafigures, Greek banks hold 6.1 billion euros of GGBs and 7.7 billion of T-Bills. However, the ECB... of 32.5 billion euros. Alpha, Eurobank and NBG capacity hovers between 7.3 and 7.7 billion euros... is below, with its current EFSF holdings at around 4 billion almost half its TLTRO-II capacity of 7.7
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Greek exports down 5.9 pct in August, imports also fall 16.4 pct
Economyto the EU and non-EU countries slipped 7.7 and 3.4 percent respectively. In contrast, imports from... to 12.41 billion euros, reflecting a drop in exports by 4 percent and a rise in imports by 2.2 percent.... percent, according to the flash estimates of commercial transactions released by Hellenic
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Newsletter 224 -18/10/2019
this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate... faster than what the European Commission and the IMF estimates (2.2 percent). The PBO argues
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyexpenditure rose by 0.1 percent. ELSTAT also released a first estimate of the overall GDP figure for 2019... just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019. This is subject to revision in the second GDP estimate which ELSTAT will release later in the year
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyand services were up by 2.2 percent. Compared to Q2 2023, all components recovered. Final consumption... in the Stability Programme sent to Brussels in May, the estimate for 2024 was revised down to 2.5 percent, from the 2.9 percent that was the initial budget estimate. In the latest monetary policy report
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Blinken visit highlights Greece's growing role as key regional partner
PoliticsForeign PolicyCooperation Agreement, updated in October 2021, was the backbone of the robust defence relationship..., after their national elections. The Libya issue was also raised by the US official, who distanced
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomy. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct previously. The items revised down for 2025 compared to the previous estimate are investments that are now seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were
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Newsletter 288 - 12/03/2021
drop surpassing the previous lowest reading of -2.2 percent seen in July 2015. The data showed.... The prices of new apartments increased by 4.7 percent on average in 2020, against an increase of 7.7..., gyms and other activities put on hold by the lockdown are also on the table. The government estimates
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammein 2019, up from 2.1 percent last year. Growth is seen slowing down to 2.2 percent next year and 1.6... billion euros (7.7 bln SDR) which is 318 percent of Greece's quota with the Fund. The average annual... estimates that at least 600,000 workers, or 15-20 percent of employees were affected by the minimum
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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