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PPC, Hellenikon present government with first test of problem solving mettle
Economy, and the company made a loss of almost 1 billion euros last year, a financial performance... 2 percent — will chalk up an early win for the government and allow it to boast that it’s already
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Bonds enjoy great buoyancy but remain some distance from investment grade
EconomyGreece’s borrowing costs have enjoyed an unprecedented period of buoyancy this year, which included the benchmark 10-year bond yield dropping from 4.4 percent in early 2019 to marginally below 2... of the 5-year barely above 1 percent. The significant cash buffer built up by the previous government, which
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What brought down Golden Dawn?
Societybriefly joined the coalition government in 2012. In fact, only 1 in 10 Golden Dawn voters in May 2012 came from LAOS, while 4 in 10 came from New Democracy and 2 in 10 from PASOK. Even
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Athens boosted by Lagarde's comments on primary surplus, but no move due for now
PoliticsGreek Politicsbe “reviewed carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2... the presidency of the ECB on November 1 and at a time that the new Greek government has been sounding
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Athens strives to bridge fiscal gap before unveiling 2020 draft budget
EconomyProgrammeMitsotakis at the Thessaloniki Expo in September, which have a fiscal cost of around 1 billion euros... include a growth forecast of between 2 and 3 percent. It may also follow a format used last year
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyfiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears... sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO
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Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
EconomyProgrammebe reduced by 1 to 1.3 percentage points for 2021 and 2022, meaning the new goal will be between 2.2..., providing a clearer indication of whether New Democracy’s forecast for 2 percent expansion this year
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Industrial production rises by 1.2 percent in Sept
EconomyMacroeconomyby 1 percent after a revised increase of 0.9 percent in August. The annual movement was driven... by a 2 percent rise in the manufacturing index and a 0.7 percent rise in the water supply index. Falls
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policywas also connected directly with the announcement of the signing in Athens on January 2... embraced the project and is a member of the so-called "3+1" alliance with Greece, Cyprus and Israel
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Overall loan interest rate edges up to 4.34 pct in Nov
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... interest rate on new deposits dropped by 1 bps to 0.19 percent, almost unchanged month-on-month
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