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Newsletter 269 -16/10/2020
to extend its territorial waters from 6 to 12 nautical miles or lose all credibility in Progress... currently extend 6 nautical miles, adding that the option of extending to 12 miles will be exercised... deficit will reach 6 pct of GDP this year and fully recover towards balance in 2021 at 0 pct. However
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NBG reports profits of 833 mln in 2021
EconomyBankingare in default, at 3 billion euros. The bank’s guidance for 2022 is 1.8 billion euros of NPEs and a ratio of 6... euros. Operating expenses in 2021 were limited to 783 million euros, a 6 pct drop YoY. Balance Sheet... to an improvement of the bank’s blended funding cost to -2 basis points, compared with 7 bps
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Newsletter 380 - 12/05/2023
. PASOK is stable at 9 pct, while voting intentions for KKE are 6 pct, followed by MeRA25 at 3.3 pct... a point to 8.5, KKE is at 6 pct, MeRA25 on 4 pct and Greek Solution on 3 pct. There is still... they are leaning towards supporting, 11 pct say ND and 11 pct say SYRIZA, followed by 6 pct for PASOK
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros... million lower the target. Property tax revenues amounted to 2.09 billion, 6 million below the target...-execution of non-allocated expenditure and purchase of fixed assets of 2 billion and 518 million euros
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Newsletter 404 - 01/12/2023
by former finance minister Euclid Tsakalotos and the more moderate “6+6” faction for which former labour.... It left broadly unchanged its 2024 outlook for Greece, seen growing by 2 pct next year, from 1.9... by 3.6 pct annually. Compared to September 2022, automotive fuel was down by 6 pct, non-food was down
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Newsletter 410 - 02/02/2024
consumption tax on fuel for farming and reducing the relevant VAT rate from 24 to 6 pct. Although Greek... comes from consumer confidence, which was down by 6 points. Retail trade also recorded a sharp drop... goods continued to record rises, increasing by 6 pct. Goods sold domestically were down by 7.4 pct
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New Democracy and SYRIZA neck and neck for EP vote but PASOK adrift
PoliticsGreek Politics%, SYRIZA 21.3, Potami 8.2, GoldDawn 6.9, KKE 6, Olive Tree 5.1, IndGreeks 4.2, DIMAR 2.8 & Others 5 — MacroPolis (@MacroPolis_gr) May 2, 2014 Metron Analysis poll for Ethnos (#EP2014): ND 20.6, SYRIZA 20... — MacroPolis (@MacroPolis_gr) May 2, 2014 Pulse poll for Pontiki (#EP2014): SYRIZA 22, ND 20.5, GoldDawn 10
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammeEurogroup President Jeroen Dijsselbloem announced after the November 6 Eurogroup... typical size is expected to vary between 2 and 10 percent of the concerned country’s GDP. Surveillance... and abolition of retirement exclusions from the general aging limits. 2) Abolition of nuisance
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomymonth in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank... mid-2010. However, the current rate remains around 2 percentage points higher than the euro area average... cards) marginally rose by 2 bps to 14.50 percent. Overall, the average loan rate in all lending
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Newsletter 18 - 06/03/2015
percent a month ago. Note that this yield reached a low of 2 percent in September to November 2014... billion to the IMF in four tranches, on March 6, 13, 16 and 20. In addition Greece has to pay 1.08 billion... was not aware of the agreement that will see the electricity firm’s employees receive an extra 6 euros a day
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