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Newsletter 235 -17/01/2020
. This led to less than 60 proposals by the banks for settlements via loan restructurings, with just 10..., the Hellenic Banking Association said that roughly 60 percent were rejected, and an estimated 30..., managing to reach 2.21 billion, from 1.98 billion in 2018. 2 Dec CPI up by 0.8 pct Annual rise across 2019
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Newsletter 269 -16/10/2020
finds only 60 pct of hotels operated in the year so far The International Monetary Fund has issued... of Greece’s hotel sector in the midst of the coronavirus pandemic. It found that only 60 percent... by October (40.6 percent) and November to December (4 percent). 2 Employment balance positive
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societythe past 12 months, from just under 30 euros per tonne to over 60 euros, thanks to the EU’s... just in carbon credits, while at the current price of over 60 euro per tonne, the cost of carbon... transitory - namely the natural gas crunch which is expected to ease when the Nord Stream 2 pipeline comes
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Newsletter 319 - 03/12/2021
on any Greeks over 60 who do not get their Covid vaccines by mid-January. The move was prompted... that there are around 520,000 Greeks over the age of 60 who have not been vaccinated yet. The latest attempt... reading since 2011, with the index below 2 pct since 2012 and in deflation territory for the most
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Greece and the euro: The flight of Icarus
Agorato create the first bailout of its type to prevent a disorderly Greek default. Bigger economies than Greece... this week showed that the primary deficit was reduced to just 2 billion euros in September. It is worth
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Words will always hurt
Agorathis period. That’s why it was so appalling to hear Greece’s prime minister engage in this type... close to the kind of language of incitement used by Golden Dawn, which claims there are 2 million
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After Merkel, Samaras faces immediate challenges on domestic front
PoliticsGreek Politicsbillion euros next year and not 2 billion or more as the troika had requested. The 2014 budget.... This, however, presents a different type of challenge. While an agreement may soon be reached on the fiscal
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What is SYRIZA planning to do with Greek banks?
Economyof any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA at 2 billion euros. Capital buffer SYRIZA claims that a part of the HFSF capital buffer of 11.4
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Funding needs take centre stage in row between New Democracy and SYRIZA
Economybailout tranche of 1.8 billion by the EFSF, 3.5 billion by the IMF and around 2 billion from SMP... this type of funding to Greek banks if Greece is not in an EU (bailout) program. In such a case
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsbe part of the negotiations also including the type or combination of debt swaps. The fourth and final... (estimated cost at 756 million). 2) Restoration of the 13th pension (Christmas bonus) - equal to one
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