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Reopening of 10-year bond secures record low yield of 1.5 pct
Economybillion euros on Tuesday morning UK time (UKT), the strong interest in the transaction was evident... closed at 13:00 UKT with offers of more than 7.6 billion euros, including 714 million of joint-lead manager interest. The transaction attracted more than 250 participating accounts with the lion’s share
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Newsletter 226 -01/11/2019
, strong budgetary performance and the favourable government debt structure. These positive aspects... than 20 percent of total debt, or less than 40 percent of GDP. The budget primary balance recorded... billion euros. On an aggregate basis, gross revenues came to 42.04 billion euros, higher than
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PM faces complex challenge as Turkey threatens free passage for refugees
PoliticsGreek Politicsasylum seekers to reach Greece. If this turns out to be more than a publicity stunt aimed at putting... leader Antonis Samaras has a much more hardline approach to the migration issue than the prime minister. Samaras made this clear at ND’s recent congress, where his strong language on the matter, referring
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Newsletter 242 -06/03/2020
that it expects Greece’s economy to grow by 2.54 percent this year under the baseline scenario, lower than... as mentioned is already lower than the government’s forecast of 2.8 percent. Under the second adverse scenario, GDP growth could come to 1.9 percent in 2020, almost a full percentage point lower than
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More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
Economyin impacted areas that had to close for more than 10 days. The government has also offered to subsidise... to the coronavirus and the migration crisis. Although Alpha notes that Greece is somewhat more protected than other countries because the virus will impact demand more than the supply side, it adds
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Newsletter 270 -23/10/2020
of the pandemic, but we continue to do better than most of Europe, however that is no consolation... in 2019 Latest market foray for 15-yr bond attracts strong investor interest As part of the second... Ministry has estimated this year’s recession at 8.2 pct, this was already by some margin more bullish than
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Newsletter 276 -04/12/2020
points higher than assumed in November mostly due to the impact of fiscal and growth. Gross Financing... annually, higher than the 8 pct on average in the previous estimate. The OECD has also released its latest... than projected if support package execution rates improve substantially and if take-up of loans from
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Govt's management of Covid-19 response challenged again after latest measures, PM’s trip
PoliticsGreek Politicsrather than 9 p.m. – and the closure of some stores on the weekend. Not surprisingly, this prompted some backlash as Greeks grow tired of the restrictions that have been in place for more than three... which is friendly to the government, attempted to sweep the issue under the carpet. However, the strong
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicsactivity from next month. “We expect a strong recovery after the end of the pandemic,” said... to an 8.2% contraction last year. This figure was slightly lower than the 4.8% included in the 2020... trying to get the experts to rubber stamp its policies rather than genuinely seeking their advice
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Newsletter 300 - 11/06/2021
hitherto pointedly shunned. With ND maintaining a strong lead as it approaches the mid-point of its... orderbook of any syndicated transaction of Greece. More than 300 investor accounts participated... in May, more than the decrease of 1.6 percent in April. The goods’ index increased by 1.3 percent
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