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Greek 15-year bond attracts strong interest, improves debt profile
Economyswaps + 155bp gave a concession of roughly 10bps. The syndication started on Tuesday at 8:21 am... closing at 12:00 LDN having reached 18.8 billion euros of orders. Given the volume and quality... would bring the total new issues for the year to 8 billion.
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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economyaround 12 billion to 8 billion, but this could also be revised as the Finance Ministry explores... pandemic emergency purchases. Greece had an initial debt strategy of 4 to 8 billion euros, depending
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Turnover in services shows year-on-year improvements in Q3
EconomyMacroeconomydeteriorations were seen in 8 out of 15 services, improving compared to a decline in 12 out of 15... seen in 8 out of 15 sectors. The three largest increases were seen in security and investigation
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Newsletter 300 - 11/06/2021
of the year. This exceeds the initial debt strategy, which envisaged between 8 and 10 billion euros... and Germany at 13 pct. Greece stood at 8 pct. Taking the lead from the significant demand across all issues... showed. The average CPI for the rolling 12 months fell by 1.5 percent. Month-on-month, the CPI for May
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgramme) in 2016, were introduced for the first time in the previous proposal and involve: 1) A special tax of 12... in the previous proposal. The pension interventions include: 1) Early retirement restrictions totalling... the cut by 3.9 pp that was implemented by the previous government as of July 1, 2014. At that time
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Newsletter 52 - 20/11/2015
percent of GDP in 2015 and around 1 percent in 2016. In mid-July, the government legislated... percentage points. Other reports indicated higher SSC increases of 1–1.5 percentage points for employers and 0.5–1 percent point for employees. These measures may be part of the first programme review
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Newsletter 99 - 09/12/2016
of the last bailout tranche of 2.8 billion, mitigated by a decline in repos by 1 billion. The 2016... roughly 1 million Greeks in what was labelled a “social dividend”. Tsipras’s surprise pledge... fell at an accelerating pace of 1 percent from 0.6 percent in October, mainly due to a decrease
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Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise... to be raised to 12 percent over the next four years, with a long-term goal of 15 percent by 2030
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Newsletter 335 - 15/04/2022
taxes were rising by a rate of 1 billion euros monthly. It was always a concern that households..., which started with a 3-billion-euro 10-year bond in January and is meant to draw a total of 12.... Health Minister Thanos Plevris announced that from May 1 vaccination certificates will not be needed
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammegovernment had voted on July 15 a series of pension reforms, which mainly included: 1) An increase... contributions (zero-deficit clause) from January 1, 2015. A ministerial decision for the integration of 11 supplementary funds into ETEA was signed on August 25 and become effective as of September 1
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