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Newsletter 274 -20/11/2020
as 2024. 2 Budget primary shows deficit at 9.06 bln October figure misses target by 12.32 billion euros
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeamongst member states. Inflation was assumed at 2 pct by 2030, the interest rate assumptions average 3
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Labour vote, reconstruction plans highlight differences in party agendas
PoliticsGreek Politicssaid the measure would bring relief to over 265,000 businesses and almost 2 million workers. SYRIZA
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Newsletter 275 -27/11/2020
amongst member states. 2 Oct budget primary at deficit of 9.07 bln Revised budget for 2021 reflected
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NBG results show net profits of 602 mln euros in 9M
EconomyBankingand commission income came to 188 million in 9M, up by 2 percent YoY. On a quarterly basis, the figure rose by 13
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomybalance of roughly 2 pct of GDP in 2021 and 2022 would raise the debt-to-GDP ratio by 6.5 percentage
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomymillion), SSFs (-15 million), state budget (-4 million) and extrabudgetary funds (-2 million). Hospital
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Fresh accusations against NGOs as govt hardens stance on migration
PoliticsGreek PoliticsMigration and Asylum Minister Notis Mitarachi has accused the Turkish coastguard and foreign NGOs of putting migrants’ lives in danger on the Aegean crossing. On December 2, 32 migrants were rescued by the Greek coastguard and EU border force Frontex from a half-submerged boat off the island
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CPI falls by 2.1 pct YoY in November
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2.1 percent year-on-year (YoY) in November compared to a decline of 2 percent seen in October, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. The average CPI for the rolling 12 months fell by 1 percent. Month-on-month, the CPI
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EU Council boosts recovery fund hopes, falls short on Turkey
PoliticsGreek Politicsoutlined plans for vaccinating more than 2 million Greeks in the coming months. Although an organised anti
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