Search
-
S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economy. This would consequently lead to a successful conclusion of the programme review paving the way for official... percent of total loans 2) Government has committed to increase public savings meaning... imposed in 2012. Primary surplus is expected to improve close to 2 percent by 2019, yet it would remain
27% -
Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammecuts imposed in 2012 that would create a fiscal gap up to 2 percent of GDP (3.7 billion euros) and the huge stock of pending pensions, which have an estimated cost in excess of 2 billion. Non... time Greece is supposed to have reached an agreement with the institutions on the way forward
27% -
Newsletter 80 - 01/07/2016
. Meanwhile, credit contraction remains unabated, with the drop rate accelerating slightly to 2 percent... in April. Bank credit contracts Bank credit contracted by 2 percent in May, up from 1.9 percent a month... year. Contraction reflects negative flow of 275 million from the household lending sector. 2 Fool
27% -
Newsletter 93 - 21/10/2016
coupled with a higher increase of 2 percent in mining and quarrying turnover. Despite the modest... percent, while mining and quarrying turnover expanded at a higher pace of 2 percent. However.... 2 Polycrisis at the heart of Europe The EU requires real leadership to overcome its current
27% -
Newsletter 103 - 20/01/2017
Tsipras seeks way forward Govt says it is working on 'enhanced guarantees' for surplus target... on TrainOSE’s debt to OSE, amounting to more than 700 million, is pending. 2 Budget primary surplus almost... in industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October
27% -
Newsletter 123 - 16/06/2017
, while the surpluses from 2023 to 2060 would have to be “equal to or above but close to” 2 percent... said that around 2 billion dollars would be made available for Greece, but on hold until the Fund... and inclusion in the ECB’s QE programme is still some way off. The government had planned to build a path back
27% -
European Commission keeps DSA broadly same, stresses need for relief
EconomyProgrammedevelopments. Inflation is seen at approximately 2 percent from 2014, which brings the nominal long-term..., with Greece already having paid back 2 billion euros from the sale of Finansbank by National Bank... seen slightly lower to 2 percent of GDP by 2025. Debt to GDP ratio stabilises at a higher level
27% -
IMF revises growth forecasts downwards, emphasising gap with other lenders
EconomyMacroeconomyprogramme and the institutions are looking for a way to find common ground on the estimates... framework. The IMF sees Greek economic growth in real terms at 2 percent in 2018, then decelerating... Greece to grow by 2.3 in 2018 and 2 percent next year. Ratings agencies are also more optimistic than
27% -
Newsletter 161 -11/05/2018
to Tier 2 instruments, the capital depletion for NBG is 9.56 pps and 8.95 pps for Piraeus. The main... could account for as much as 37.2 percent to 44.8 percent of all employment. 2 New overdue taxes up... in March following a rise of 2 billion euros in February, data from the Independent Authority of Public
27% -
Newsletter 164 -08/06/2018
growth of 2 percent in Q4. The headline GDP growth on an annual basis is the highest since Q1 2008... anticipates growth of 2 percent this year. Figures from the MoF also showed this week that Greece’s... percent for an overall year-on-year reduction of 0.8 percent. 2 Exports rise of 1.4 percent in Q1
27%