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Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
EconomyMacroeconomywith expectations. The report highlights that the lack of a strong rebound in private consumption may lead...-term in open economies with strong institutions, adding that Greek institutions are weak... fiscal targets is almost unfeasible for a lengthy period (more than 5 years), the fiscal outperformance
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Name issue and auction targets make waves in domestic politics
PoliticsGreek Politicsin Sunday acknowledging the strong turnout in Thessaloniki and declaring that he sympathised... traditional right-wing supporters and voters in northern Greece, where the opposition has a strong..., moving all the transactions onto the recently launched electronic scheme, was more sudden than
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Newsletter 158 -20/04/2018
the tax-free threshold for incomes in 2019, at the same time as cutting pensions, rather than wait... by a strong increase of 55.9 percent in mining and quarrying, along with an increase of 6.6 percent... percent, respectively. Primary cash surplus at 7.72 bln in March Strong declines in expenditure
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBanking, has attracted strong interest. The first two phases were completed in March and binding offers... with a group of investors rather than a public issue. The bond was placed with the European Investment..., will facilitate our strong and positive contribution to the country’s economic expansion.”
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingpercent higher than the results posted for Q1 2017, which stood at a net profit of 48.2 million... percent following an aggregate impact of +212 bps driven mainly by strong PPI generation, while under... were strong despite the challenge of reduced NII and higher costs of risk charges. He noted
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Newsletter 167 -22/06/2018
will move slower than expected, allowing Tsipras to bring the deal to Greek Parliament around May... question is whether the strong opposition to the deal among voters (68.3 percent are opposed according... groupings registered positive growth for April. Greece’s industrial turnover reflected a strong
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomy. This was driven by imports rising faster than exports in absolute terms. A strong improvement was noted... by strong performance in the services surplus which offset a deepening of the balance of goods deficit
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Details of bond issue give Athens boost in bid to establish market access
Economythat matures in February 2025. Greece’s new issue was met with strong demand as more than 290... intention to launch the new 5-year GGB on Monday, January 28 at 12:25 local time. Strong support
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East Med concerns not slowing up election campaign as ND plans for office
PoliticsGreek Politicsthat the upcoming EU leaders’ summit on Thursday and Friday will result in a strong condemnation of Turkey’s... and it gets a clear majority, there is strong competition for places. According to the party, once the current MPs are excluded from the picture, 243 of the remaining 341 candidates (more than 70
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Newsletter 212 -28/06/2019
making “mistakes” or “wrong choices” next month. He argued that there has to be a “strong hand..., drop the introductory income tax rate from 22 to 9 percent for those earning less than 10,000... came to -28.3 points. Compared to June 2018, consumer confidence has shown a strong improvement
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