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Newsletter 119 - 19/05/2017
by 2021, of which more than two thirds (2.49 billion) relate to pensions and 1.22 billion to social..., pointing to a faster GDP rebound of 2.1 and 2.2 percent, respectively. Budget primary balance records surplus Gross revenues outperform target by 542 million The budget primary balance recorded
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Fall in apartment prices continues with slower decline of 0.6 pct in Q3
EconomyMacroeconomy. The housing loan balance has contracted by more than a quarter since the end of 2010. Net deductions in the housing loan sector amounted to 144.7 million in August and the balance came to 59.59 billion euros
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures, connecting Italy directly to Greece rather than Albania. Poseidon is on the PCI list, but is also..., and progress on any of these projects hangs in the balance as the outcome is awaited. Failures... a balance will have to be struck, the outcome is far from predictable, and may not be optimal when
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Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
EconomyMacroeconomyloan balance has contracted by more than a quarter since the end of 2010. Net deductions in the housing loan sector amounted to 138 million in December and the balance came to 58.81 billion euros
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Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
EconomyMacroeconomyThe balance of travel services came to a surplus of 3.69 billion euros for the first half (H1) of the year, Bank of Greece (BoG) noted in its travel balance report for the first six months of the year. This year’s figure is 17.4 percent higher than that for the same period last year when it came
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomygovernment fiscal balance of 0.1 percent in 2019, down from 0.8 percent in 2018, which is expected... percent of GDP primary surplus target in 2018, as revenues grow faster than spending. Several policy... servants. The OECD notes that if slower growth hampers meeting the targets, or if the budget balance
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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgrammethat will strike a balance between protecting working class homes from repossessions but also flushing out strategic defaulters. “This is a difficult balance to strike and it needs a bit more work,” he told... that the government will be able to make available more than the 47 million euros set aside
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Newsletter 212 -28/06/2019
, drop the introductory income tax rate from 22 to 9 percent for those earning less than 10,000... The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019... balance landed on a deficit of 168 million euros. In the first five months of the year, the primary
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Commission gives go-ahead for APS to reduce NPL pile
EconomyBankinginstitutional solutions to help banks restore their balance sheets since the end of last year, when market... effective, the vehicle must have sold more than half of the lower, and riskier, tranches to private... loans weighing on the balance sheets of Greek banks […] without granting aid or distorting
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Travel surplus rises by 10.4 pct in H1, German visitor numbers and receipts drop
EconomyMacroeconomyThe balance of travel services came to a surplus of 4.08 billion euros for the first half (H1) of the year, Bank of Greece (BoG) noted in its travel balance report for the first six months of the year. This year’s figure is 10.4 percent higher than that for the same period last year when it came
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