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As easing of lockdown begins, government looks to salvage economy
PoliticsGreek Politicsand updated every 1 to 2 weeks. As things stand, Greeks are not able to leave their region but the government... explained that the infection rate (R) has dropped well below 1, signalling that the disease is dying out... to and from the Greek islands. This is due to happen on June 1. According to Kathimerini, though
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Newsletter 328 - 18/02/2022
the 2 percent increase adopted on January 1. On the pandemic, the PM said he expects that the situation... Democracy leader also trailed a generous rise to the minimum wage from May 1, although he did not speculate... inflation of less than 1 pct in the final budget submission. Real GDP will be lower as it will have
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Newsletter 340 - 03/06/2022
, are evident in the latest PMI release that hit the lowest in over a year at 53.8, down by 1 point... and in the sensitivity analysis the scenario of higher inflation by 2 percentage points in the current year, consumption is seen lower by 1 percentage point and investment down by 2.2 points, leading to a real GDP
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Broad impact of inflation crisis becoming clearer
Agorathe scenario of higher inflation by 2 percentage points in the current year, consumption is seen lower by 1... release that hit the lowest in over a year at 53.8, down by 1 point, although still in expansion... estimate of 1 percentage. It is becoming increasingly evident that unless tourism can absorb much
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Polls indicated support for two main parties growing as start of elections marathon looms
PoliticsGreek Politicsin the current iteration, when only valid ballots are factored in. SYRIZA’s backing has risen by 1... of the vote as its support dipped by almost 1 point to 9.8 pct. The undecided voters stand at 12.4 pct... points and SYRIZA less that 2 will be a source of encouragement for the conservatives, who remain
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A closer look at Greece's Q3 2023 national accounts
Agorato 2022-Q3, real GDP increased by 2.1 percent. This means that real GDP may grow by 2 percent or slightly... to focus on efficiency and productivity, rather than on spending stimulus. Consider Figure 1 below... fundamental productivity gains?[1] The green spending (a better word than “investments”) is important
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Newsletter 423 - 17/05/2024
for SYRIZA, 3 for PASOK, 2 apiece for Communist Party KKE and Greek Solution, 1 for Course for Freedom and 1 for New Left. According to the latest opinion poll by Interview for the Politic.gr website... by 4.2 pct YoY, which was the largest rise. Capital goods were up by 1 pct and durables at 0.7 pct. Non
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Greek central government debt inches down to 320.42 bln in Q1
Economywith FSM loans at 211.86 billion, corresponding to 66.1 percent of total, long term bonds at 74.48 billion (23.2 percent of total) and T-Bills at 14.99 billion (4.7 percent). Disbursements from... 1 to 5 years and the remaining 12.9 percent a residual maturity of up to 1 year. Greece’s cash
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Alpha, Eurobank raise 4.6 bln in private capital: Here's exactly what it means
Agoraof their bookbuilding process. Alpha said on Thursday it successfully raised a total of 2.56 billion euros from... billion euros. This was set as the bank’s total capital needs excluding the 83 million euros... will be announced at a later stage, the bank said. In addition, Alpha will also conduct a reverse split (1:15) since
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomy(YoY) in Q1, after a drop of 1 percent in Q4 2016. The flash estimates had shown that Q1 GDP contracted.... Meanwhile, general government consumption rebounded by 1.3 percent QoQ and 1 percent YoY, taking final...’s share of GDP, making up 70.5 percent of the total figure in Q1. The latest Finance Ministry (MoF
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