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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economy, however the growth estimates for this year have been trimmed down in the draft budget to 2 percent
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Newsletter 224 -25/10/2019
Greece at ‘BB-‘. 2 Current account surplus at 1.87 bln in Aug Services balance improvement drives
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economymight affect exports growth. Employment is seen showing solid signs of recovery, growing by 2
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Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
EconomyProgramme, providing a clearer indication of whether New Democracy’s forecast for 2 percent expansion this year
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Loan interest drops to 4.59 pct in September
EconomyMacroeconomyand overdrafts, dropped by 2 bps to 14.30 percent. The average interest rate on consumer loans with a defined
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General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomyrose by 683 million euros to 35.29 billion euros, a rise of 2 percent YoY. Social contributions
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New asylum law comes up against old failings
Agoramore than 2 billion euros in funding for this purpose since 2015, although most of this money has
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Industrial production rises by 1.2 percent in Sept
EconomyMacroeconomyby a 2 percent rise in the manufacturing index and a 0.7 percent rise in the water supply index. Falls
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Greek govt gears for final Eurogroup of 2019, hoping for better terms
EconomyProgrammefor 2020, a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomy, or 2.6 percent of GDP in 2020, which puts Greece on course for an overall budget surplus of close to 2
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