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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyare expected to be revised upon the release of the provisional estimates due on June 2, including.... Exports fell by 2 percent, while imports edged down 0.4 percent. In addition, gross capital formation... around 70 percent of total GDP), a strong increase in investments by 5.9 percent and a higher growth
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Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
EconomyMacroeconomymillion. The breakdown of the inbound traveller flows showed that German visitors fell by 2 percent, while.... In total, arrivals from the EU 28 countries rose by 1.3 percent year-on-year to 275,200. Those from... those from the UK fell by 2 percent. Among non-EU countries, receipts from Russian visitors fell
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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammeGermany is thought to be comfortable with) but will be reduced by 2 years for each 5 billion euros... on Thursday. It is expected that Greece’s primary surplus target will fall to around 2 percent of GDP... that 160,000 taxpayers (2.3 percent of total) will see increases of between 50 and 200 euros, while another
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Greek leaders' contrasting visions all a blur
Agorareportedly told investors in London that the total fiscal space over the next four years will amount to 3.5... of the centre-right opposition’s pledges that deserves closer scrutiny is the claim that 2 billion euros... said that the 2 billion euros in revenues from the tax (after his reductions) is roughly equivalent
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomy-based travel to Greece, total receipts from cruise passengers rose by 2 percent to 485.8 million.... Visitors from the UK fell by 2 percent in 2018 to 2.9 million. Those from the US increased by 26.9
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Brussels urges Athens to remain on reform path as fourth post-MoU review looms
EconomyProgrammeof the efforts undertaken in the last decade. Growth has returned and is expected to exceed 2 percent this year... with a total surplus for the last three years; and confidence is evident in the borrowing costs, with the yield of 10-year bond at around 2 percent. Both Commissioners in charge of overseeing Greece
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Latest T-bill auction highlights shift in Greek yield curve
Economyeuros and the total amount offered was just above 1.8 billion euros, taking the coverage ratio... of 26-week T-bills on October 2 for the same amount produced a yield of 0.097 percent, while... curve over the last six months, with all issues up to 20 years now below the 2 percent threshold
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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingloans, 10 percent large business loans and 2 percent marine loans. Along with 95 percent of mezzanine... is expected to be around 2 billion euros. The process allows potential investors to submit non-binding bids... percent of its total loan portfolio by the end of this year. As of the latest reporting figures released
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgramme. If approved, this could secure up to 4 billion euros for investments and 2 billion euros for tax relief. The government is searching for over 2 billion euros of fiscal space in the 2021 budget and at least... tax could be self-funding by broadening the tax base, the total abolition of the solidarity levy
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeeuros turned red during the crisis. The banks are calling for more than 2 billion euros of state... for over 2 billion euros of fiscal space in the 2021 budget and at least 400-500 million euros in the current year to implement its tax plans. The total abolition alone of the solidarity levy in 2021 would
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