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Newsletter 257 -07/07/2020
, the Finance Ministry now estimates the deficit at 7 pct of GDP, or close to 15 billion euros, which... euros, which stand at 1,977 (+35 individuals QoQ) which represent 12 percent of the total unpaid SSC
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High number of Covid-19 cases puts strain on government
PoliticsGreek Politics, was that schools would open as planned on September 7, with all pupils having to wear face masks which the would...-right leader is due to speak in Thessaloniki on September 12, a day after the Eurogroup is due
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingportfolios with a combined value of 7 billion euros. After reporting results, the bank announced... to 12 percent in H1 from 25.9 percent in H1 2019 while the NPL coverage ratio came to 77.5 percent
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Newsletter 270 -23/10/2020
at 17 pct. The US had 12 pct of the offers. Greek accounts, mostly banks according to the relevant announcement, also supported the transaction with 7 pct. Fund managers once more took up the lion’s
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomy5 billion in 2020 and 12 billion over the 2022-25 period, which includes the 15.7 billion... between 2021 and 2029 would raise debt-to-GDP by 7 percentage points. A more severe scenario
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Newsletter 277 -11/12/2020
7, leaving a window for a possible reopening of some retail activities and churches prior... for the rolling 12 months fell by 1 percent. Month-on-month, the CPI for November edged down by 0.9
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Banks end year with continued bad loan sales
EconomyBankingthe Project Frontier securitisation. Still on the cards are Vega Phoenix from Piraeus worth 7... is seen running to December 2022 and will also offer 12 billion euros in guarantees. Meanwhile
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Stricter Covid-19 restrictions mulled, but Greeks warming to vaccine
PoliticsGreek Politicsto take the vaccine. Compared to December, there has been a nine-point rise (12 points since November.... It edged up by half a point to 7 pct. The breakdown of support suggest that ND has retained 80 pct
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Hercules nears end of its first cycle with National Bank's participation
EconomyBanking. On the cards for Hercules II are Vega Phoenix from Piraeus, worth 7 billion euros, and the remainder of Alpha Bank’s Project Galaxy. Hercules II is seen running to December 2022 and will offer 12 billion euros
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Newsletter 283 -05/02/2021
, worth 7 billion euros, and the remainder of Alpha Bank’s Project Galaxy. Hercules II is seen running to December 2022 and will offer 12 billion euros in guarantees. In keeping the country’s sovereign
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