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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsin the past voiced strong anti-immigration and socially conservative views, as Deputy Migration... the deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyin October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsa strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomya strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8
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Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
EconomyMacroeconomygrowth was also strong, as manufacturers reported that foreign and domestic client demand remained strong. Input cost inflation softened from June’s peak and fell also to a five-month low. However... remained strongly positive as firms reported strong demand. Additionally, Greek manufacturers expressed
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Economyissue were announced in the region of 2.1 percent and the transaction quickly attracted strong interest... with a guidance of 2 percent. The book continued to attract strong interest and closed just before lunch... with strong demand as more than 290 accounts participated in the book-building process, which led
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomy’ with a stable outlook. The PBO notes that for the economy to sustain strong growth beyond 2026 and close... highlights the strong performance of 2024 with significant primary surplus and a headline surplus on the back of strong tax revenues due to income tax and VAT from goods and services. Greece’s upgraded
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HCAP and Finance Ministry reveal five-year strategic plan for public assets
EconomyFeaturesthe control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP
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