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Athens eyes ample cash buffer, prepares for bond swap
EconomyProgrammefor 12 to 24 months. After 2 years, the reserve would be converted to a permanent “Stability Fund,” which
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Newsletter 138
confidence was also reported as having improved to a three-and-a-half year high. 2 Retail sales drop by 0.3
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Newsletter 139 -10/11/2017
, will boost the economy in the second half of the year. 2 Trade deficit declines by 3.8 pct in September
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Tsipras reveals how excess surplus will be shared out, eyes political relief
PoliticsGreek Politicsof close to 2 percent of GDP this year. He also noted that unemployment is falling for the third
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EC upbeat on reforms paying off, as long as they continue
EconomyProgrammethe International Monetary Fund’s participation, a post-programme fiscal package amounting to 2 percent of GDP
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Greece continues debt management with swap of bonds worth 30 bln
Economy2023 and 2042, with escalating coupons that started at 2 percent in 2013 and reach 4.3 percent
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Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
EconomyMacroeconomy. As noted previously, this year’s figure includes a one-off item of around 2 billion euros related
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Deal seen on energy liberalisation as third review SLA edges closer
EconomyProgrammelignite units, as well as Melitis 1. A permit to construct the Melitis 2 station will also be made
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomyin liabilities was driven by a fall of 2 billion in non-residents holdings of Greek government bonds
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomy, Athens International Airport, DEPA and DESFA, which total close to 2 billion euros. It is worth noting
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