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Newsletter 187 -14/12/2018
arrears) rose by 9 million and came to 2.62 billion euros after a drop of 416 million..., with January’s drop being the first negative reading since November 2016. The average CPI.... November’s figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding
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CPI remains static in July
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained static in July following a drop of 0.3 percent in June... percent drop in the price of household equipment, mainly led by a fall in the price of furniture, household appliances and textiles. This was followed by a 1.7 percent drop in recreation and culture, a 1.1
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economy, it will drop as a percentage of GDP, to 167.8 percent, from 173.3 percent this year. Bonds are seen rising to 61.73 billion, from 55.6 billion in 2019, offsetting the drop in T-bills by 3 billion. Loans... to a drop in private consumption by 0.4 percent. The council however notes that under certain
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Current account balance shows surplus of 1.87 bln in August
EconomyMacroeconomycame to 2.33 billion euros, against 2.52 billion in August last year, showing a drop of 7.5 percent. At the same time, total imports reached 4.20 billion euros, from 4.46 billion euros last year, a drop...' external assets due to a drop of 1.2 billion in residents' holdings of foreign bonds and T-bills
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomywhich came to 6.99 billion and showed a drop of 337 million. Interest paid fell by 262 million euros to 4.56 billion euros. A small drop of 23 million euros was seen in social benefits, which came... refunds with a drop of 113 million euros. This was followed by hospitals (-61 million), SSFs (-54
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Industrial production declines by 4.5 pct in Dec
EconomyMacroeconomycompared to a revised downward drop of 9 percent in November, according to Hellenic Statistical...-on-month (MoM), the index increased by 5.5 percent after a drop of 5.5 percent in November. The decline... was driven by a 11.5 percent fall in the mining and quarrying index, along with a drop of 5.8 percent
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Gathering signs of coronavirus impact on growth expectations
Economyin the balance of goods, including tourism related services, and a drop in private consumption. “Based... during the second quarter of the year. Should this manifest, the subsequent drop in tourism revenue...) released a statement advising steps to deal with the drop in bookings and rise in cancellations
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyeuros was seen taking the total to 249 million euros. In other revenue, a drop of 10 million euros... million euros to 147 million euros. Interest paid and subsidies both rose by 12 million euros. A drop... decrease came from tax refunds with a drop of 55 million euros. This was followed by hospitals (-12
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Unemployment at 16.4 pct in January
EconomyMacroeconomy-on-year. Broken down by age group, the largest annual drop in unemployment was seen in the 15-24 years.... The smallest drop in unemployment was noted for those aged 55-64, where an annual drop of 0.4 pps was noted
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyis on course for an estimated drop of 7.5 pct, according to the IMF, which expects a recovery of 4.7 in 2021. In the last quarter of the year, eurozone GDP is expected to drop by 5.9 pct. In terms of the worst hit countries from the pandemic in Europe, Italy’s GDP will drop by -9.1 pct this year, Spain
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