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Newsletter 401 - 10/11/2023
line of the four systemic lenders up to September came close to 3 billion euros, suggesting
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Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
EconomyBankingto institutional investors and 3 pct to Greek retail investors. The bank’s current capitalisation is just
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Annual contraction of import prices slows in Sep, index growing MoM since Jun
EconomyMacroeconomygoods dropped by 3 percent.
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Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
EconomyMacroeconomy. The overall balance is better than the target by 3 billion euros. Revenues Net revenues
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Economic sentiment stable in Nov, consumer confidence slides further
EconomyMacroeconomyincreased by 3 points to 39.9. Services confidence is now 15 points up on the rolling 12-month
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Falling energy costs drive down producer prices by 13.5 pct in Oct
EconomyMacroeconomy12-month period, the index decreased by 3 percent. The products sold in the domestic market dropped
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What is driving the Greek housing market's recovery?
EconomyFeaturescompleted entirely in cash, while almost 3 billion euros’ worth of purchases were settled partly in cash
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomyfrom 3 percent to 2.5 percent. In its growth forecasts, the Parliamentary Budget Office expects
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Unpopular tax bill set to become law despite objections
PoliticsGreek Politicscontributes just 3 percent of total tax revenues, which compares unfavourably with all OECD countries
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politicsin a general election scenario. This is short of the 3 pct threshold for electing MPs, but it is early days
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