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Greece takes next steps, including bond swap, to enhance debt profile over coming years
EconomyMacroeconomythe institutions that the balance of Greece’s obligations to the IMF should be cleared and that Athens should..., at the end of 2019 and at the start of this year, leaving a balance so the Fund remains engaged... with a limited series of benchmark securities which are expected to have greater liquidity than
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Newsletter 329 - 25/02/2022
primary balance up to 2060. In the DSA’s baseline scenario, Greek nominal GDP is seen growing on average... in the next year is more than 5 billion euros. As a measure of the scale, the temporary tax cuts... posted a current account deficit of 1.71 billion euros in December. A year earlier, the balance showed
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomybalance in favourable terms as higher inflation pushes up nominal GDP and budget revenues. Lower inflation on the contrary, pushes the primary balance above 2 pct of GDP this year and lower than estimates
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Impact of uncertainty on economy starting to emerge in hard data
EconomyFeaturesgradually filtering through in hard data, sending the first recessionary signals. For more than a year... on Greece’s trade balance, which is going deep into deficit each month. The total deficit up to May..., the trade balance is in deep deficit of 10.69 billion euros, having jumped annually by over 55 pct
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S&P leaves Greece a notch away from investment grade as outlook blurs
Economynext year, from 6 pct growth in 2022, to less than 2 pct, at 1.7 pct, on the back of energy... of the energy and inflation impact. Banks are now less of concern as balance sheet clean-up exercises paid... balance sheet quality. In the upside scenario, Greece could be in line for an upgrade if structural
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Newsletter 364 - 23/12/2022
in October, Fitch was more bearish than the rest, seeing a small contraction of 0.2 pct in 2023... last year. The deficit for the balance of goods in October came to 4.08 billion euros, compared... balance reached a deficit of 1.68 billion euros, from 585.5 million euros last year. During the ten
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March unemployment falls by almost 2 points YoY to 10.9 pct, jobless numbers down to 2009 levels
EconomyMacroeconomyof the year, the hiring balance has reached 57,487, improved by 33,729 more jobs year-on-year... data from the Labour Ministry’s Ergani database showed that Greece’s employment balance in March was positive by 61,912 more hires than departures.
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Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
EconomyMacroeconomybalance in April was positive by 123,079 more hires than departures. During the first four months of the year, the hiring balance has reached 185,566, improved by 32,443 more jobs year-on-year. Total
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Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
EconomyMacroeconomythe Labour Ministry’s Ergani database showed that Greece’s employment balance in April was positive by 123,079 more hires than departures. During the first four months of the year, the hiring balance
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Unemployment rate hits 11.1 pct in June as recovery loses steam
EconomyMacroeconomyMinistry’s Ergani database showed that Greece’s employment balance in June was positive by 28,761 more hires than departures. During the first half of the year, the hiring balance has reached 304,918
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