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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economy, following an expected 2.2 percent rise in 2019, assisted pent-up investment demand, lower
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Govt takes up fiscal requests with EU as pressure over min wage, main homes mounts
Politics, Stournaras argued that if Greece’s fiscal target is reduced to 2.2 pct, this would not adversely affect
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Newsletter 238 -07/02/2020
, to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. The long-term risk-free rates
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammethat could further push the goal down to 2.2 or 2.5 pct. The Public Debt Management Agency and Council
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Current account deficit more than halves to 2.57 bln in 2019
EconomyMacroeconomy4.38 billion euros, a rise of 2.2 percent YoY. On an aggregate basis, the C/A deficit improved
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Newsletter 241 - 28/02/2020
takes note of the economic progress, with Greece expected to secure growth of 2.2 percent in 2019
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Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
EconomyMacroeconomy, followed by clothing and footwear (+3 percent), automotive fuel (+2.2 percent) and supermarkets
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Unemployment drops to 16.3 pct in December
EconomyMacroeconomyfell by 2.2 pps. Regionally, the lowest unemployment rate continues to manifest in Crete where
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Wages index down by 0.1 pct in Q4 2019
EconomyMacroeconomyof 2.2 percent in Q3. This marks nine consecutive quarters of index rises. The NSA index came to 115
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Eurobank net profits at 256.7 mln in 2019
EconomyBankingrestructuring costs of 15.1 million, other restructuring costs of 6.2 million and discontinued operations €2.2
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