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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
EconomyGreece’s debt managers leveraged the positive sentiment after S&P’s revision of the outlook for Greek Government Bonds (GGB) to positive last Friday and issued a new 30-year bond on Wednesday, the longest maturity since the same issuance in early 2021. ...
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyarea’s GDP is expected to contract by 9.1 percent. Under a double-hit scenario, the contraction... to 19.4 percent in the single-hit scenario and to 19.6 percent in the double-hit scenario. Under both... as high as 20.4 percent under a double-hit scenario. Private consumption is expected to fall by 8
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OECD forecasts unemployment increase into 2021
EconomyFeaturespercent next year. Under a double-hit scenario, which envisions a second wave of coronavirus hitting... points (pps) in 2020 and 0.4 pps next year. Under the double hit scenario, the unemployment rate... hit scenario before growing by 4.5 percent next year. The double hit scenario sees GDP growth
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Newsletter 257 -07/07/2020
have cause for concern, as the numbers show the party’s double-digit lead starting to narrow... a double-hit scenario, which envisions a second wave of coronavirus hitting the country, employment... and 0.4 pps next year. Under the double hit scenario, the unemployment rate is seen as rising by 2.3 pps
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyrose marginally by 0.4 percent to 824 million, showing a material deceleration from the double-digit... tourist activity shows that arrivals from France surged 33.9 percent, followed by a double-digit rise... of UK tourists slowed to 1 percent in October from double-digit levels in the preceding months
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Greek industrial production on the up again in November, rising by 2.3 pct
EconomyMacroeconomysouth at double-digit rate (down 10.8 percent). The aggregate figure for the 11-month period showed.... The year to date drop is primarily attributed to a double-digit decline in electricity production... percent respectively. In contrast, consumer durables, recorded a double-digit drop (-12.6 percent
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Four months of decline in industry turnover almost comes to stop in February
Economy4.3 percent in January and a double-digit drop in the preceding three months, according... market. The latter is mainly attributed to a double-digit rise (+12.9 percent) for the non-eurozone.... On the flipside, a double-digit drop was recorded in the sectors of electrical equipment (down 37.4
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In Spain, the best generation is in danger of becoming the lost generation
AgoraA double degree in communication from Paris and Madrid universities, and a master’s in cultural... Greece and double the average in the European Union. The European Commission has set up a 6-billion-euro..., the latest data from Spain’s National Statistics Institute (INE) shows. “After getting a double degree
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How Greek banks moved into a new era
Agoracontainment and a double-digit QoQ drop in loan provisions. Most of these trends are broadly expected... to continue showing a double-digit drop in the coming quarters. Although these positive trends... is still high (albeit exhibiting a double digit decline) and will continue to erode profitability
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Majority of services sectors still see contraction in turnover in Q1 2014
EconomyMacroeconomy). It is noteworthy that the same activities had also posted a double-digit drop in the corresponding period last year... for the cleaning activities. On the flipside, two services activities recorded a double-digit rise in Q1... by a double-digit figure in the corresponding period last year. On the contrary, except information services
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