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Rising bond yields a concern, but not an immediate fiscal problem
Economyof January for a 10-year benchmark of 3 billion euros attracted fewer offers compared to last year... billion euros. Roughly 3 billion euros is privately held, 768 million euros is held by eurozone central... crisis. The other major creditor coming due this year is the installment of just under 2 billion euros
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Newsletter 382 - 26/05/2023
a point short of the 3 pct threshold for electing MPs. Should one or more of these parties make it over the 3 pct mark in the second election, it will push up the threshold needed for New Democracy to gain... by 0.6 points on Sunday. PASOK is seen rising by almost 3 points to 14.4 pct. There is little change
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Newsletter 404 - 01/12/2023
. It left broadly unchanged its 2024 outlook for Greece, seen growing by 2 pct next year, from 1.9... is significantly more moderate than the almost 3 pct growth that the Greek authorities have based..., at 5.2 pct. This leads to domestic demand next year also nearly halving to 1.6 pct growth, from 3 pct
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Newsletter 423 - 17/05/2024
for SYRIZA, 3 for PASOK, 2 apiece for Communist Party KKE and Greek Solution, 1 for Course for Freedom... Party (KKE) follows on 6 pct. The figures suggest that ND will elect 7 to 8 MEPs, SYRIZA between 3 and 4, while PASOK will send 3 of its candidates to the European Parliament. The poll numbers suggest
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Newsletter 433 - 13/09/2024
of spending that would comply with an expenditure increase of around 3 pct. Athens’s position was helped... reports that for the rest of its term the government will have between 3 and 3.5 billion euros... pct in 2024, again below the recent government estimates, to 2.3 pct next year, 2 pct in 2026
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
EconomyGreece’s budget execution displayed the primary surplus significantly narrowing by 1.64 billion month on month (MoM) to 1.93 billion at the end of 2014 from 3.57 billion in the 11-month period, according to the Finance Ministry (MoF) preliminary budget ...
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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyGreece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG). It should be noted that last year’s figure incorporated one...
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Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
EconomyMacroeconomyGreece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday. December was the second t...
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Almost 1 in 3 jobs in private sector are part-time, average full-time salary at 936 euros
EconomyMacroeconomyThe Unified Social Security Fund (EFKA), which has since last year seen all the main social insurance funds in Greece come under its umbrella, released on Wednesday its latest employment data. The data has a significant lag since the most recent availab...
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The Agora Podcast - Episode 3 (Europe in recovery mode)
AgoraThe European Commission has presented its proposal for a recovery fund to help EU countries stimulate their economies and overcome the impact of the coronavirus. In this episode of The Agora, Nick Malkoutzis speaks to John Springford and Christian Odend...
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