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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraevent. Meanwhile the ripple effects of the October 7 Hamas attack are still unfolding. Before assessing... the high cost of investing gas as a “transition fuel”: imports cost the Greek economy 7 billion euros... revision to the NECP, Greece intends to meet the EU’s interconnectivity target of 15 pct by 2025[5
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Ongoing rise in imports and tame exports elevate trade deficit to 3.39 bln in May
EconomyMacroeconomybillion euros for May. Imports totalled 7.55 billion euros, rising by almost 7 percent YoY. Exports... percent. Excluding the impact of oil products and the value of ships, imports decreased by 7 percent... months of 2024 showed that the trade deficit increased by 15 percent, bringing the total to 14.42
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Newsletter 443 - 29/11/2024
. Surprisingly, backing for Kasselakis’s Movement for Democracy party was at 7 pct, while SYRIZA is seen... the saving rate is close to 14 pct and close to 15 pct in the euro area. The same data shows... and under 7 pct for rural areas. Looking at the housing costs as part of disposable income, Greece
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Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
Economy(SETE). In the 10-month period, arrivals soared 15 percent, marginally above the 14-million mark... in 2014, which corresponds to a rise of 15 percent on last year’s figure of 20 million. Apart from... percent, while those in Crete rose 7 percent. However, although volumes are performing above expectations
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeof November, which shows a 15 percent rise in revenues and raises hopes for a revenue recovery this month... the 2 percent included in the draft budget published on October 7, but above the Medium-Term Fiscal... on December 15 or at the European Council on December 18. This is the final deadline for this year
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomymillion, down 15 million MoM yet up 217 million YtD. Tax refunds rose by just 5 million MoM to 718 million, corresponding to 15 percent of the total. Since the beginning of the year they have gone up...), and extrabudgetary funds (176 million) make up a single-digit portion (up to 7 percent) of total each. Debt
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Where did all the money go?
Agoraof government bodies via repos worth 7 billion and privatization proceeds in the range of 2.4 billion... state operations. The brutal belt tightening meant that only just over 15 billion euros of troika... given sweeteners in the form of cash-equivalent EFSF notes maturing within 24 months for 15 percent
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Deposit rates stable, avg loan rate below 5 pct for first time since 2002
EconomyMacroeconomyslightly eased by 7 bps over this period. In contrast, the time deposit rate had followed a sharply... control more than 90 percent of total deposits. Back in 2012, there were more than 15 banks... spread falling by 15 bps to 3.79 percent in February, which is the lowest reading since June 2014.
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Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomy15 banks in the Greek banking market, with the smaller ones hiking deposit rates to attract deposits... on loans for amounts up to 250,000 euros rose by 7 bps to 6.13 percent, while that for amounts above... for amounts between 250,000 and 1 million euros dropped by 15 bps to 5.04 percent. Greek corporate lending
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Greek government commits to new fiscal measures for third bailout
EconomyMacroeconomy(GGR) to 30 percent 7) Increase in the tax rate on rental income from 11 to 15 percent for income... admitted that without any additional measures (including those voted on July 15 and 22), the primary
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