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Newsletter 178 -12/10/2018
adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent in June, the Hellenic... to June, a drop of 1.5 percent. Compared to July last year, the number of those unemployed went down... slightly from 4.8 million in June. The inactive population stood at 3.24 million, increasing by 42,415
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Athens eyes multiple benefits from joining China-backed 17+1 initiative
PoliticsForeign Policyannounced his intention last June in Brussels, a week before the Sofia summit (6-7 July 2018), where Greece... since it realises that it may not get a date for EU accession talks at June’s European Council... together in June. During Friday’s meeting, the premiers of Greece and Albania also discussed the next
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Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Economyhalved between June and July, from 0.41 percent to 0.23 percent. The borrowing cost has also halved... in the latest auction held in the middle of June this year. June’s issue was covered more than two
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Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 0.3 percent year-on-year (YoY) in June... also fell by 0.4 percent. During June, three out of five main industrial groupings recorded production..., Markit’s manufacturing PMI came to 54.6 points in July from 52.4 points in June. As new orders
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Central government debt down to 356.55 bln in Q2, average maturity tops 20 yrs
EconomyMacroeconomy, accounting for 70.7 percent. The value of FSM loans came to 252.15 billion at the end of June... to Greece remained at roughly 10.8 billion at the end of June. Greek government bonds (GGBs) declined..., respectively. Greece’s cash deposits fell to 20.82 billion at the end of June, from 22.46 billion
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Industrial production drops by 2.1 pct in July
EconomyMacroeconomycompared to a revised decrease of 0.3 percent in June, Hellenic Statistical Authority (ELSTAT) data...), the index rose by 4.6 percent after a downward revised increase of 4.1 percent in June... consistent improvements since June 2017 according to Markit.
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicsclosed to arrivals from third-party countries until at least mid-June but has not endorsed... schedule, restaurants, bars and cafes are due to reopen on June 1, and hotels on June 8
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingapplications in June. Tourism Minister Haris Theoharis presented a plan dubbed “Restart Tourism... to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels on June 15. The government hopes that the combination of these measures can salvage whatever possible
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Newsletter 253 -12/06/2020
on Monday, having suspended them in the first week of June. On Monday, the prime minister held... that it would extend the Pandemic Emergency Purchase Programme (PEPP) to June next year and increase its... as of June 2020 takes stock of Greece’s position in light of the coronavirus pandemic and presents a number
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Industrial production drops by 7.5 percent in May
EconomyMacroeconomyfor June released by the European Commission, industry confidence fell by 2.7 points month-on-month..., Markit’s PMI for June increased to 49.4 points from 41.1 points, according to the latest data from... those seen at the start of the year. New export orders also fell marginally in June, with the rate
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