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  1. Newsletter 174 -14/09/2018

    Newsletters

    , after April’s rise of 2 percent. Last year, the index remained consistently positive. Month-on-month... trip rose by 0.6 percent to 498 euros compared to 495 euros for the same time last year. 2..., the index fell by 0.4 percent quarter-on-quarter (QoQ) after having risen by 2 percent in Q1.The

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  2. Newsletter 175 -21/09/2018

    Newsletters

    the responsibility for collecting this tax to the local government from 2021. He said that the 2 billion euros... that savings of 2 billion euros of savings could be made over a period of two years. Mortgages play... capital controls eventually lift. 2 Primary cash surplus up to 16.76 bln in Aug Improved revenues

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  3. FinMin sets out how it would alter policy mix to prevent pension cuts
    Photo by MacroPolis

    EconomyMacroeconomy

    . The issue of savings worth 2 percent of GDP for the post-programme period was pivotal.... As such, the IMF argued that this required additional savings of 2 percent of GDP, which would come from 1... at their disposal an expansionary package worth close to 2 billion euros of spending with the lion’s

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  4. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in consumption tax to 6.34 billion, while VAT revenues also rose by 2 percent to 11.86 billion. On a monthly... reached 1.27 billion. The MoF is targeting privatisation revenues of around 2 billion euros... the target by 155 million. Overall, in the first nine months of the year, expenditure increased by 2

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  5. EC autumn forecast lowers growth for 2019 on pending budget finalisation
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    for the purpose of this forecast, Greece is expected to grow by 2 percent in 2018, slightly higher from the 1.9 percent previously. Growth next year is seen at 2 percent, from 2.3 percent previously although... to 2.3 percent growth. Growth for 2020 is also seen at 2 percent. Although investment is expected

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  6. Newsletter 186 -07/12/2018

    Newsletters

    in bonds maturing in 2019, while the repayments to the IMF amount to just short of 2 billion euros...’s growth to 1.7 percent. On an annual basis, GDP growth has stayed above 2 percent for four out... of a Strategic Investment should not exceed three years from the date of the ministerial decision 2

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  7. Alpha Bank and Eurobank start new year with further bad loan sales

    EconomyBanking

    NPEs 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... 2 billion euros worth of mortgage loans. A prospectus distributed to prospective investors

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  8. Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    in 2018, around 2 billion euros remained unpaid at the end of December. The Finance Ministry has argued... from the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent... is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent

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  9. Newsletter 197 -8/03/2019

    Newsletters

    , as well as the demand for a primary surplus of around 2 percent for the medium-term. He argued... oversubscription as offers reached 11.8 billion euros. Greek authorities had initially been looking to raise 2... servicing cost and smoothen the debt profile over the coming years. 2 GDP up by 1.9 pct in 2018 QoQ

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  10. Newsletter 198 -15/03/2019

    Newsletters

    to make up just 2 billion euros, compared to 9 billion euros of non-performing mortgages... access and signed the first bailout. Greece raised 2.5 billion euros, was looking initially for 2... objectives it needs more credible measures to achieve them in the IMF’s view. 2 Unemployment at 18.7 pct

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