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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammein September. Of this total, 766 million euros of measures will be on the expenditure side. According... target this year and to repeat that performance all the way to 2023, when it is expected to drop to 3
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammetaken by eurozone finance ministers at the Eurogroup due to take place on December 3... Income. An additional 50 million has been earmarked for winter heating payments to take the total budget
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S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
Economyportion of Greece’s government debt representing less than 20 percent of the total stock, or less... in the long term. In the absence of further reforms, S&P thinks that Greece cannot grow more than 3
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Are Chinese investments starting to hit a wall in Germany?
Agorathe United States and France. Total bilateral trade between China and Germany ranks first because... investors to notify German authorities if their share of voting rights in a company surpassed 3 percent
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Central bank points out signs of recovery in business lending
Economy, from 0.8 percent in 2017. Specifically, for mortgages the reduction came to 3 percent, broadly... of the new households that are being extended the vast majority, 69 percent of the total, relates
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Primary cash balance at deficit of 34 mln in March
EconomyMacroeconomybasis, revenues rose by a slight 3 million euros in March, coming to 3.12 billion euros... to 10.53 billion euros against last year’s total of 11.33 billion. Expenditure for March rose by 51
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Disposable income rises by 1.7 pct YoY in Q4, final consumption grows 1.4 pct
EconomyMacroeconomyin GDP. The figures showed that employees’ total remuneration rose by 3 percent YoY compared
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Annual report shows majority of debt in official hands on favourable terms
Economyincludes the issuance of a new seven-year bond at a nominal value of 3 billion euros and a fixed... debt showed that the total figure has risen by 30.24 billion euros year-on-year and stood at 358.95
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Trade deficit jumps by 56 pct in May
EconomyMacroeconomy. At the same time, exports totalled 3.04 billion, recording a rise of 3 percent compared to the same... of the year showed that the trade deficit increased by 16.5 percent, bringing the total shortfall
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Disposable income rises by 4.9 pct YoY in Q1, final consumption up by 0.2 pct
EconomyMacroeconomypercent decline in GDP. The figures showed that employees’ total remuneration rose by 4.5 percent YoY compared to an increase of 3 percent in the previous quarter, and stood at 15.13 billion. Employee
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