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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomy, growing by 3 percent year-on-year. In the forecast horizon, growth is seen slowing down... and 1.4 percent in 2020. The current account deficit will stay broadly stable at 3 percent this year
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Newsletter 224 -18/10/2019
significantly accelerating in the last quarter of 2019, growing by 3 percent year-on-year..., which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesof 2020, only a transfer tax of 3 percent will apply to transactions involving these properties...) and Egypt (3 percent). Domestic market One of the main drivers behind the government’s attempts
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Loan interest drops to 4.59 pct in September
EconomyMacroeconomyaverage interest rate on all existing loans stood at 4.06 percent, down by 3 bps. The spread between... The overall weighted average interest rate on new deposits dropped by 3 bps to 0.23 percent. The average
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Newsletter 226 -01/11/2019
and January 2021 and will improve the country’s debt profile, reducing the debt-to-GDP ratio by 3.... The corporate lending balance's net monthly flow stayed negative with slight outflows of 3 million euros
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBankingat 345.9 million. On an annual basis, NII rose by 3 percent and came to 1.03 billion in Q3. The net... percent percent to 230.3 million QoQ. On an annual basis, the figure increased by 3 percent to 672.1
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Trade deficit drops by 5.4 pct in October as both imports and exports fall
EconomyMacroeconomyproducts and the value of ships, imports rose by 1.9 percent, while exports rose by 3 percent. Excluding... percent, bringing the total shortfall to 18.50 billion. This was driven mainly by a 3 percent rise
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PDMA sets 2020 goals to build on improving conditions for debt
Economy, in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1... regular market operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing
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Newsletter 236 -24/01/2020
and people from areas affected by natural disasters, of which an estimated 3 billion euros turned red during... that implementing the whole tax relief programme would require at least 3 percent GDP growth in 2020
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammegranted to farmers and people from areas affected by natural disasters, of which an estimated 3 billion... to be able to deliver on its tax pledges, solid growth of close to 3 percent might be required
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