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PDMA sets 2020 goals to build on improving conditions for debt
Economy, in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1... compared to peers. Based on the assumptions of the European institutions, which see growth averaging 1... billion euros. The PDMA outlines four main objectives in next year’s funding policy: 1) Enhance
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Newsletter 262 -04/09/2020
in the local media, the government is aiming to spend 1 to 1.5 billion euros on arms and equipment... was not as dramatic. In 2008, Greece was spending 3 pct of its GDP on defence. In 2018, this stood at 2 pct... 10-year benchmark yield from below 1 pct to close to 4 pct in mid-March, until the ECB announced
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBankingeuros securitisations of Phoenix and Vega in Q2 2021, 7 billion euros of Sunrise 1 in Q3 2021 and 3... Sunrise transformation plan, which is due to be concluded with 1 billion euros of Sunrise 3 in early... in Q2. Tier 1 ratio was 11.7 pct and 13.2 pct pro forma. The total capital ratio was at 14.4 percent
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agorathe original version of the document which was adopted as recently as 2019[1]. Like most facets... in 2022, compared to 1 billion euros at pre-war prices. At EU level, the REPowerEU programme introduced... to importing cheaper Russian natural gas via Turkey[3] under the terms of a recently signed 13-year
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policycountries are due to meet in Athens under the “3+1” format, with the participation of their American... time, it is seeking to convince Washington to reactivate the “3+1” energy partnership at the foreign... for both Athens and Washington is Libya. The US is already including the North African country in a 4+1
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Tsipras still hopes he can avoid being part of coalition government
PoliticsGreek Politicssome of the 1 in 10 Greeks that are undecided to help elect a single-party government. SYRIZA’s hopes... and the Movement of Democratic Socialists fail to pass the 3 percent threshold, even more so if Papandreou’s... by Macedonia University for Skai TV on Monday gave PASOK just 3 percent, right on the threshold
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Minor changes in Greek time deposit rates, higher movements in corporate loans
EconomyMacroeconomythe competitive yield of the 3- and 6-month T-Bills of 2.5 and 2.97 percent respectively. However, the Greek... by 3 bps to 1.12 percent in January. On the corporate loan front, two major movements were evident in January. The interest rate in the corporate loans with fixed maturity for amounts above 1 million
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBanking. Instrum offered 3 cents on the euro of loan principal sold, for an amount of 45 million euros... the tone and price floors for the newly formed distressed debt management market in Greece, with the 3... range internationally between 3 and 5 percent of principal. Greek systemic lenders have committed
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Newsletter 295 - 07/05/2021
dose. Just over 1 million Greeks (9.7%) had received both jabs. Speaking during an online conference... with a frosty response from more established parties. Greece draws another 3 bln from markets The 5-year... successful market foray of the year by drawing 3 billion euros through a new 5-year bond issue
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Who lied about Covid-19 in Serbia, and how?
Agorato these, Serbian officials had many more statements (1, 2, 3, 4, 5, 6, 7) with disinformation... prefers temperature ranging from 3 to 6.7 degrees", while "the virus does not like temperatures below 0... with imprisonment from 3 months to 3 years. A good example of such an illegal spread of panic is the text
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