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Imminent end for enhanced surveillance offers boost to beleaguered govt
PoliticsGreek Politicsis currently taking place and appears to be going smoothly, setting Greece on a path towards exiting the regime, which it entered after exiting the third bailout in 2018. At a joint online press conference
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PM eyes pre-election prize as enhanced surveillance draws to conclusion
PoliticsGreek Politicsin a brief address that exiting the enhanced surveillance regime was one of three goals New Democracy had... agreed only after capital controls were imposed and Greece teetered on the brink of exiting
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Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBankingwith total offers close to 17 billion. More than 280 accounts participated in the transaction... accounts, mostly banks according to the relevant announcement, also supported the transaction... at the end of January had attracted 18.8 billion euros of offers, from 378 accounts, with asset
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The case for a general government balance sheet
Agorathat are available from Eurostat for the “annual financial accounts” for general governments (GG... in our blog 13 of January 2022. The annual financial accounts show only data on financial assets... in the future. Greece sees a large increase in both accounts receivable and accounts payable, from around 5
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Economywith strong demand as more than 290 accounts participated in the book-building process, which led... from real money accounts and a good geographical diversification, almost 90 percent of participants... settled at 99.796. Participation of investors reached offers from 380 accounts, significantly surpassing
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Tracking Greece's fiscal performance
AgoraSystem of Accounts (ESA) for fiscal policy tracking, it preferred to record fiscal developments... and in the ESA accounts for the fiscal balance, especially when the crisis broke out in 2009-2010 and up... public. Since end 2016, the modified cash basis of the bulletin and the ESA accrual accounts track
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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammecredited to pensioners’ bank accounts last Friday afternoon. This means that pensioners with cash... pensioners’ bank accounts on Wednesday, while the remaining amount is due in the coming days without... sector employees this means around 600 million that should be available in their bank accounts
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New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls
EconomyMacroeconomyand 2.68 billion euros in savings and sight accounts respectively in July and August, largely due..., the expired time deposit amounts returned back to the linked savings or sight accounts. As we had... the various deposit accounts should be expected in the next few months until capital controls are lifted
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Government eases capital controls further, aiming to restore depositor confidence
Economyequally split between transfers to bank accounts abroad and being place in international money market... Erasmus programme are allowed to open bank accounts, while pensioners, who are not Greek residents, are also allowed to open accounts for their pension payment. Moreover, Greek pension funds are allowed
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Newsletter 92 - 14/10/2016
production by 4.6 percent, which accounts for around 21 percent of the total index that more than offset a 2.1-percent rise in manufacturing production, which accounts for the lion’s share with a 70... production fell by 13.7 percent, but accounts for just 6 percent of the IPI. Manufacturing
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