Search
-
Newsletter 212 -28/06/2019
showed that the total figure has risen by 30.24 billion euros year-on-year and stood at 358.95... few months. 2 Primary surplus at 916 mln in May High expenditure drives latest headline figure.... Total expenditure came to 21.95 billion, landing above target by 255 million. In addition, the PIB
13% -
EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
EconomyMacroeconomyshow that full-time employment in December came to just under 70 percent of the total for those insured with Greece's largest social security fund, which has close to 2 million members. The average.... With part-time work representing roughly 30 percent of the total, this is equal to almost one
13% -
Lenders urge new government to meet fiscal targets as Athens issues 7-year bond
EconomyProgrammethis year, a five-year note in January and a 10-year bond in March, raising a total of 5 billion... of the latest issue is to raise 2.5 billion euros, surpassing the 7 billion euros in total that the PDMA had planned for the whole of 2019. The Greek authorities were aiming for a yield of below 2 percent
13% -
Travel balance surplus up by 29 pct in Q1 to reach 165 mln
EconomyMacroeconomythe EU28 but not euro-denominated rose by 2 percent to 557,300. Visitors from outside the EU28 countries... and Russian visitors increased by 89.9 percent to 29,900. Cruises Total receipts from cruise passengers... had predicted that tourist numbers could reach up to 30 million in 2018. In total, road and air
13% -
Despite recent improvement, more than half of Greeks unable to afford one-week holiday
Societyby 2 percentage points over the same time period. Although the percentage of Greeks unable to go.... The total number of nights spent amounted to 79.1 million and the relevant expenditure to 2.49 billion... for free. Personal trips spent in non-rented accommodation account for 78.9 percent of the total number
13% -
November travel receipts drop by 42.9 pct on lower French receipts
EconomyMacroeconomyreceipts from the 28 European Union (EU 28) countries fell by 2 percent YoY and stood at 157.7 million... by 106.7 percent to 18,900. In total, arrivals from the EU 28 countries rose by 15.6 percent YoY, while... to 8.9 million. In total, arrivals showed an increase of 4 percent up to November and came to 30.7
13% -
Mitsotakis puts Greece on war footing as plans progress to boost hospital capacity
PoliticsGreek Politicsnew confirmed cases. There was also one more death, raising the total to five. All five were men... is lining up an initial 2 bln in measures to support businesses and that it will suspend tax.... There is a total of 350 intensive care beds across the private health sector in Greece. On Saturday
13% -
Current account shows deficit of 1.29 bln in January
EconomyMacroeconomyof goods. The deficit for the balance of goods came to 2 billion euros, down by 9.2 percent YoY... payments rose to 206.5 million, up by 23.4 percent. Total exports in January came to 2.72 billion euros, from 2.40 billion last year, increasing by 13.1 percent YoY. At the same time, total imports
13% -
Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economyto borrow up to 2 percent of their GDP from the fund. In Greece’s case, this translates into 4 billion... their exposure to repos by March, taking advantage of the ECB’s TLTRO III announcement. Total interbank... million. Total GGB holdings were in excess of 10 billion euros, which the ECB now accepts for its
13% -
Banks look for way forward as economic shutdown takes its toll
EconomyBankingreported a cash buffer of 2 billion euros and Piraeus Bank reported a buffer of 2.3 billion euros. All... securitisations under the code name Cairo, with a total value of 7.5 billion euros. The applications relate to the provision of guarantee by the Greek state on senior notes to the value of 1.6 billion in total
13%