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Newsletter 226 -01/11/2019
risen is that the previous auction of 26-week T-bills on October 2 for the same amount produced a yield... of -145 million euros in the previous month. This resulted in the household loan sector's balance
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PM to oversee tweaks to tax bill as constitutional revision enters final round
PoliticsGreek Politicsthis one of the key themes of its attacks on the previous SYRIZA government, which it accused of burdening... stage after being launched during the previous Parliament. The vote on the proposed changes
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Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
EconomyMacroeconomyGreece’s central government debt fell by 2.67 billion euros to 353.85 billion euros quarter-on-quarter (QoQ) in the third quarter (Q3) of 2019, from 356.55 billion euros in the previous quarter... euros in the previous quarter.
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ND and SYRIZA set aside social dividend talk to focus on internal issues
PoliticsGreek Politicsby overtaxation in previous years could also benefit. The latter comment reflects concern within... to the much larger social dividends that SYRIZA distributed over the previous three years. The government’s
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BoG data shows drop in card usage in first half of 2019
EconomyFeaturesversus 30 in the previous six-month period. Split between type of payment card, debit card transactions came to an average of 26 transactions per card versus 32 in the previous period, while credit
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Newsletter 231 -06/12/2019
consumption expenditure dropped by 0.4 percent after having edged up by 0.9 percent in the previous month... existing loans stood at 4.04 percent, almost unchanged from the previous month. The average
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Govt lines up strike legislation to follow brief pause after budget vote
PoliticsGreek Politicseuros. However, SYRIZA has made much of the fact that in previous years it shared out a much larger... the previous PASOK government in 2004.
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BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
Economy. Overall, the BoG appears more upbeat than in previous reports issued during the SYRIZA administration... previous estimates thanks to a stronger 2019 and some of the policies that the new administration has
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Criminal justice system deemed too weak to fight corruption
Societyconsequences. The previous legislation carried at least one year imprisonment and a fine of 5,000... or a pecuniary penalty. GRECO notes the distinction between the previous penalty of prison plus
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyThe issue of public investment spending became a point of friction on Wednesday when the deputy minister responsible for fiscal issues claimed the previous government used creative means to make... that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous
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