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Newsletter 86 - 02/09/2016
, investments came in higher on 1 percent QoQ and 7 percent YoY. On the flipside, household consumption fell 0.2 percent QoQ and 1.7 percent YoY. In the first half (H1) of the year, GDP decreased by 1 percent... that seasonally adjusted retail sales and volume rebounded month-over-month (MoM) by 1 and 0.7 percent
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Newsletter 99 - 09/12/2016
of the last bailout tranche of 2.8 billion, mitigated by a decline in repos by 1 billion. The 2016... roughly 1 million Greeks in what was labelled a “social dividend”. Tsipras’s surprise pledge... fell at an accelerating pace of 1 percent from 0.6 percent in October, mainly due to a decrease
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Newsletter 151 -16/02/2018
visit to Athens by European Economic Affairs Commissioner Pierre Moscovici, who also set out... euros, with another 1 billion to follow subject to e-auctions and the reduction of arrears progressing. During his visit, Moscovici reportedly set out a roadmap for Greece that runs from
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Newsletter 210 -07/06/2019
Minister Alexis Haritsis, the governing party set out the four pillars of its programme: Growth... in Helsiniki, where the next Greek finance minister is likely to have to set out what fiscal measures the new... contraction of 1 percent in 2017. The ongoing stabilisation of property prices, now in its fifth quarter
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Greece takes first round against Covid-19 but fight continues
Agora. The appointments were to abide by a 1:1 replacement rule (one hire for each departure) and would therefore... the 1:1 ratio for the health service, and to continue the hiring programme put in motion..., and leasing capacity from the private sector. At the time of writing, 350 ICU beds were set aside
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyconsumer price index is anticipated to peak to -1 percent in 2014 easing to -0.6 percent in 2015 and to -0.3 percent in 2016, indicating deflation for four straight years. The current account is set to remain in surplus over the 3-year period at 1.2 percent of GDP in 2014, 1 percent in 2015 and 1.8
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Newsletter 29 - 05/06/2015
lenders are demanding new fiscal measures of around 3 billion, which is markedly higher than the 1–1.5... surplus targets to 1 percent of GDP for 2015, 2 percent in 2016, 3 percent in 2017 and 3.5 percent..., for the 1 percent primary surplus target to be met, additional measures of 3 billion have to be adopted
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Coalition considers options for addressing pension system sustainability
EconomyProgrammein the second set of milestones for the next sub-tranche of 1 billion euros due by mid-December, but be part... pensioners currently stands at 1:1.7 compared to a target of 1:2.1 for a viable pension system. The key points of the proposed pension reform include: 1) A national pension with a growth clause equal
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Newsletter 135 - 13/10/2017
percent in 2018, after which growth drops and is estimated to reach 1 percent in 2022, according.... According to the IMF, the number of pensions will increase at around 1 percent per year. Greece predicts... brushed off difficulties within his coalition this week to set off for the USA on Friday
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBanking(PPI) improved by 1 percent quarter-on-quarter (QoQ) to 294 million in Q2, mostly due to other income. Net interest income (NII) fell by 1 percent to 431 million euros QoQ, while operating expenses declined by 1 percent also. The results were largely in line with those of industry analysts. Asset
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