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Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
EconomyMacroeconomyreflects strong underspend, with primary expenditure coming in 1.19 billion lower than target... in the 4-month period, implying a strong underspend of 1.19 billion compared to the target of 14.23
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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomyby 1.51 billion, reflecting a strong underspend with primary expenditure coming in 1.16 billion lower... period showed primary expenditure declined by 4 percent to 19.33 billion, still entailing a strong
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Greece draws strong interest, attractive yield by re-opening 10-year bond
EconomyGreece completed on Wednesday the fourth market foray of the year by reopening the 10-year GGB that it had issued in June, after a successful syndication earlier in the summer and a strong... points. Despite the revision, demand was strong and brought in higher offers from existing accounts
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Investment grade boost visible in strong demand for Greek assets
Economybillion euros with a yield of 4.279 pct and strong demand that reached 22 billion euros. At the end... Financial Stability Fund (HFSF), with the transaction attracting very strong interest. Total demand
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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in March, rising by 10.3 percent year-on-year (YoY), from 10.5 percent in the previous month, Bank of Greece (BoG) figures released... in February, with strong inflows over the last few months. The outstanding balance was 124.7 billion
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Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released... billion euros in March, with strong inflows over the last few months. The outstanding balance was 124.52
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PM touts strong economy and housing measures but voters focus on everyday worries
PoliticsGreek Politics. New Democracy maintains a strong lead in opinion polls, but large segments of voters have been underwhelmed by the government’s economic measures to date and express strong support for the farmers
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Fitch leaves rating at 'BBB' and outlook unchanged, sees strong fiscal performance
EconomyMacroeconomythe credibility of Greece’s fiscal framework. The government has established a strong post-pandemic.... Nonetheless, the sovereign-bank connection remains unusually strong because deferred tax credits account
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Who’s afraid of Angela Merkel?
Agoradecision to end the use of nuclear power in Germany removed the biggest obstacle for a black-green coalition. However, after having failed to get more than 10 percent in the elections, the Green party... for the SPD and the Green Party to say yes to her. However, the Germans are not known for their readiness
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Onus on Athens to speed up review after German election result
PoliticsGreek PoliticsGerman Chancellor Angela Merkel’s CDU/CSU (33 percent) with the FDP liberals (10.7 percent) and the Green... to Greece’s plight and have favoured a debt relief deal. Earlier this year, the Green Party argued..., it is not right,” Sven-Christian Kindler, budget policy spokesperson for the Green Party, said at the time
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