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Greece braces for recession, hopes to bounce back from summer onwards
Economyfor the Greek economy and now see it contracting by 1 to 8 pct this year. Capital Economics sees economic... expects a recover over the next two quarters of around 6.5 pct, leading to a total 8 pct recession... sees the Greek recession at 5 pct but warns that it could reach as much as 15 pct in the adverse
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Economyon Greece’s external sector then the output drop in 2020 will reach 8 pct. It is worth noting that had... by 4.2 pct, investments are seen rising by over 15 pct, exports growth will match this year’s drop... pct of GDP The authorities note that the funding strategy this year, which was meant to raise up to 8
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Eurobank net results show profit of 176 mln in H1
EconomyBanking) to 223.8 million euros from 211.5 million in Q1 2020. Year-on-year (YoY), PPI rose by 8 percent... stock to around 15 percent. This now stands as the lowest in the Greek banking system. Since the end... funding totalled 8 billion euros during Q2 from 2.7 billion in Q1. This is entirely due to the TLTRO
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Newsletter 270 -23/10/2020
4.7 to 6.4 and ICU occupancy rising from 37 percent to 40 percent. Another 15 people died on Thursday... and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance... share with 61 pct, followed by banks with 17 pct and insurance and pension funds with 8 pct. Hedge
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It's the hope that kills you
Agoraby more than 15 pct. Naturally, as travel came to a standstill across the globe tourism became... that Greece would be able to secure between 8 and 10 billion euros of the 18 billion in travel receipts... in ICUs. This went from 8 at the end of July to 67 by mid-September. Greece went from reporting
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBanking, PPI reached 262 million in Q3 from 285 million in Q2, a drop of 8 percent quarter-on-quarter (QoQ... by 15 billion euros. The group NPE ratio was 47 percent in Q3 from 48 percent in Q2, while the NPE..., operating expenses came to 686 million euros, down by 8 percent YoY. The cost-to-income ratio stood at 47
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicson the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed
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Why did Greece return to bond markets now? Was it the right decision?
Economyto continental Europe, 15 percent to the rest of the world and 7 percent was distributed to investors in Greece... 200 million on a T-Bill stock of 15 billion euros. That said, T-Bill yields would have been expected...) in 2012 seems overly ambitious. They are currently placing 6 to 8 million euros in each 3-month
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeof November, which shows a 15 percent rise in revenues and raises hopes for a revenue recovery this month... by the December 8 Eurogroup will be missed and decisions may be taken either at an extraordinary Eurogroup on December 15 or at the European Council on December 18. This is the final deadline for this year
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Greece moves closer to troika over fiscal gap, waits for response
EconomyProgrammefor international tourist arrivals to 23 million in 2014, implying a rise of 15 percent on last year’s figure... in the minimum required insured years for securing the basic guaranteed pension from 15 up to 20 years... Greece with a credit line would be discussed at the December 8 Eurogroup. At the gathering of eurozone
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