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Newsletter 216 -26/07/2019
percent for properties ranging from 80,000 to 1 million, which relates to 1.5 million middle class taxpayers, and 10 percent for the 14,706 people who own property worth more than 1 million euros... to Greeks saving another 1 billion euros. The Finance Ministry hopes that a good deal of this money will go
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingproperties worth around 1 billion euros. It is expected that the deal will open the way for Piraeus... the transaction on October 1, 2019. The end result will be the largest NPL management company... 2019 CET 1 ratio). In its latest financial stability report, BoG noted that during 2018, NPEs
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomythat house prices increased by 1.7 percent in 2018, compared to an average price contraction of 1... compared to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price... on average by 2.7 percent in Athens and by 1 percent in Thessaloniki. In other cities, prices rose
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Greece aims to bolster Balkan role to dull impact of EU veto for Skopje, Tirana
PoliticsForeign Policyaffected by delaying the beginning of North Macedonia’s EU accession are: Article 1 paragraph 10... in accordance with Article 1 (3) shall commence at the opening of each EU negotiation chapter... following the agreement are referred to in paragraph 9 of article 1. They add that Skopje has a clear
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBanking. The bank noted that in Q3, new disbursements of loans to the private sector amounted to roughly 1... offset a decline in state deposits. On an annual basis, deposits in Greece showed inflows of 1... percent compared to 103 percent in Q2 2019. Capital The Common Equity Tier 1 (CET1) ratio stood at 18
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Population drops slightly in 2018 despite positive net migration flow
Societyof Greece was noted at 10,724,599 on January 1, 2019, compared to 10,741,165 for the same date in 2018... included people living in the country as of January 1 due to the refugee crisis. According to the data... of the total population. As of January 1, the population in Greece is split between 51.4 percent for females
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammehinges on securing a 1 pct of GDP reduction in the surplus goal. The Greek side is arguing... billion euros, or 1 pct of GDP, and as such the primary surplus goal can drop to at least 3 pct over... on the borrowing front, but this is offset against the poor long-term growth trajectory of 1 pct. There is also
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Central government debt increases by 2.16 bln to 356.01 bln in Q4
EconomyMacroeconomyby fixed bonds (48 percent) floating rate bonds (2 percent) and EIB loans (1 percent). The majority of FSM..., while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.4 and 10.2
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After the tweetstorm - Tracing the course of #IStandWithGreece
Agorahashtag was used 5,692 times by a total 2,000 users; on Sunday, March 1 it got used 83,404 times by just... with #IStandWithGreece, March 1, 2020. Source: Discovery & Analytics There are several recurring... active account @mercina18, which was opened in March 2020 and only has 2 followers. Monday, March 1
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Greece braces for recession, hopes to bounce back from summer onwards
Economyadmitted that Greece is on course for an economic contraction of 1 to 3 pct this year due to the virus... for the Greek economy and now see it contracting by 1 to 8 pct this year. Capital Economics sees economic... and exports will pick up from Q3, leading to just a 1 pct recession. This is predicated upon the economic
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