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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesDevelopment is going to issue tenders for the remaining parts of the project. Lamda posted net profits of 37.2
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economyare an additional dependency on raising Greece’s credit rating, as well as the elimination of all remaining
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Disposable income rises by 5 pct YoY in Q2, final consumption up by 1 pct
EconomyMacroeconomyin Q2. Gross savings turned positive after remaining in negative territory for fourteen consecutive
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Newsletter 224 -25/10/2019
rose by 5.2 percent YoY, while gross savings turned positive after remaining in negative territory
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Greece falls to 79 out of 190 economies in ease of doing business ranking
EconomyFeaturesof 11, markedly better than the 2019 score of 44. In remaining fields, scores varied widely
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Economic sentiment eases to 106.7 in Oct, industry and construction confidence improve
EconomyMacroeconomya notable improvement of 25.7 points. In the remaining underlying components, improvements were seen
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingis majority owned by Intrum (80 percent) while Piraeus Bank holds the remaining stake. The new
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General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomy, the remaining total was split between non-gg (6.06 billion) and gg (4.37 billion) entities.
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New asylum law comes up against old failings
Agoraof cases and that the IND appeals the remaining verdicts, overturning the Council of State’s ruling
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Employment balance turns negative by 125,668 in October
EconomyMacroeconomywith the remaining classed as voluntary departures. The proportion of hirings that were for full-time work
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