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Newsletter 249 -08/05/2020
every 1 to 2 weeks. As things stand, Greeks are not able to leave their regions but the government aims... billion euros on April 2, following the Eurogroup decision to waive the fiscal targets of the post... June and will be gradually be phased out as the economy and parts of its sectors resume activity. 2
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomy2015, when there was a drop of 2 percent. Compared to Q1 in 2019, GDP shrank by 0.9 percent... QoQ and by 2 percent YoY. As mentioned, these movements led final consumption expenditure to fall..., a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP growth before
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ECB boost for Greek debt as authorities ponder new market foray
Economykey of just above 2 pct, the country was eligible for up to roughly 16 billion euros in the first... market and attempt another market foray as early as this month for another 2 billion euros. Greece recently issued a 2-billion-euro 7-year bond in April with a yield of just above 2 pct, although demand
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Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyweighted average interest rate on all existing loans dropped by 2 bps to 3.88 percent. The spread between existing loan and deposit rates fell by 2 bps month-on-month to 3.73 percentage points... percent, while the corresponding rate on loans to sole proprietors rose by 2 bps to 6.84 percent
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Newsletter 255 -26/06/2020
Kathimerini, the government is looking for 2 billion euros fiscal space so it can get back on track... to make these interventions. It will have to agree to a primary surplus target of less than 2 percent... in the first four months of the year and came to 1.9 million visitors. 2 Primary deficit at 4.80 bln in May
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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomyby 2 percent QoQ, while gross capital formation also fell by 4.5 percent compared to Q1. Imports.... Investment As mentioned, in Q2 gross fixed capital formation fell by 2 percent QoQ and by 10.3 percent YoY...’s GDP, a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyeuros. The movement largely stemmed from a rise of 2 billion euros in repos which came to 32.06 billion... euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 2 million... was unchanged month-on-month at 320 million. General government entities went down by 2 million month-on-month
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CPI falls by 1.8 pct YoY in October as air travel and energy drop
EconomyMacroeconomyto a decline of 2 percent seen in September, Hellenic Statistical Authority (ELSTAT) figures showed...’ index fell by 2 percent while the services index fell by 1.5 percent YoY. The harmonised index of consumer prices (HICP) fell by 2 percent YoY in October. Compared to September, the HICP increased
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Newsletter 273 -13/11/2020
in the third quarter and for an amount of up to 300 euros. 2 Employment balance negative by 33,356...-on-year (YoY) in October compared to a decline of 2 percent seen in September, Hellenic Statistical... in September. Additionally, the goods’ index fell by 2 percent while the services index fell by 1.5 percent
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Newsletter 277 -11/12/2020
budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM... slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... of 2 percent seen in October, Hellenic Statistical Authority (ELSTAT) figures showed. The average CPI
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