Search
-
Newsletter 73 - 13/05/2016
that are estimated to yield 2 percent of GDP and overall two-thirds of the required fiscal measures... by five years, reprofiling the amortisation scheme and capping the interest charged to Greece at 2... worth 2 percent of GDP. The fact that all 153 government MPs voted for the package, which contained
17% -
BoG proposes debt relief measures and lower primary surplus target from 2018
EconomyMacroeconomyof debt relief measures that would allow Greece’s primary surplus target to be lowered to 2 percent...: 1) GDP growth in line with the adjustment programme until 2022 and 1.5 percent thereafter 2) Inflation close to 2 percent until 2019 3) EFSF and ESM loan rates of 2.6 percent in 2020 and 3.5 percent
17% -
Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturesthe crisis years to hold a 2 percent global market share. Across the years of the crisis, basic... period, the rising export category managed to double its market share to 2 percent in 2017. Other... of 2 billion euros. The GDP contribution from the rest of the export base declined by almost 80
16% -
Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingNPEs through a combination of the 7 billion transferred to the SPV and 2 billion from the securitisation of 2 billion euros-worth of housing loans under the code name Pillar. With the merger... be further reduced to single digits by 2021 with an NPE deconsolidation of approximately 7 billion
16% -
Newsletter 224 -18/10/2019
to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent... falling from 2.6 to 2.3 percent of GDP between 2020 and 2023 and settling at 2 percent in 2024... closed on October 7 and is expected to add extra revenue to state coffers. The deadline
16% -
Newsletter 234 -10/01/2020
if it is lowered to 2.5 pct this would create 2 billion euros of extra fiscal space. The primary surplus... corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... with an agreed maturity of up to one year decreased by 3 bps to 0.36 percent. 2 Unemployment at 16.6 pct
16% -
The Court of Audit's opinion on new pension cuts and its implications
LegalAccording to article 73(2) of the Greek Constitution: “Bills referring to the definite attribution..., or to the recognition of service for the provision of a pension right according to article 73(2), as well... the compatibility of the cut in question with the articles 2 (1), 5 (1) and 25 (1) of the Greek Constitution which
16% -
EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
EconomyMacroeconomythis year and next, exceeding 2 percent, which will lead to unemployment rate of 14 percent in 2021. Prices... is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2... to 2.3 percent, decelerating to 2 percent in 2021. It is worth highlighting that the Greek authorities
16% -
Newsletter 109 - 03/03/2017
that the basis of discussion with the lenders for the volume of measures needed should be 2 percent of GDP... is still holding out hope that the volume of measures it will have to legislate will be lower than 2... on Thursday that the discussion is currently centred on 2 percent of GDP. It seems that Athens might
16% -
Newsletter 166 -15/06/2018
of maturities will be set at 15 years but will be reduced by 2 years for each 5 billion euros... 21 when there is a Eurogroup meeting.” . 2 Hirings balance positive by 108,725 in May New record high... permits), falling by 7 percent compared to the same time last year. Building permits fell by 2.3 percent
16%