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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus... Consumer confidence drops for fourth consecutive month Compared to October 2019, the ESI has
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ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday. Sentiment has stayed above the 100-point mark... a score of 96.8 was noted for November. Compared to November 2017, the ESI has risen by 3.2 points
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Consumer confidence hits 19-year high, ESI highest since 2007
EconomyMacroeconomyGreece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday. As of August’s reading, the index has remained above..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer
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Government bolsters aid package as questions mount over deadly fires
PoliticsGreek Politicsbe given to those affected by the blazes, particularly in Mati, where the 81 deaths recorded so far... than 1,200 homes in Mati have so far been deemed unsafe. The Greek state will initially contribute 40... in the wake of the fire in Mati, when he paid a visit to the area northeast of Athens on Thursday. He
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicsabout helping those who have been left in the weakest positions as a result of the crisis. Mati... fire in Mati, northeast of Athens, this summer. The government submitted an amendment to Parliament... government would help build a hospital in the area. The fallout from the Mati fire had threatened
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Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates
PoliticsGreek Politicsaccused the previous SYRIZA government of failing to inform residents of Mati to evacuate their homes... on ND for the criticism it levelled at the previous government over the Mati fire, but also deadly... been in power. Such chronic failings were highlighted in a report produced after the Mati fire
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Newsletter 285 - 19/02/2021
and effective management. The opposition party, though, is still haunted by the stigma of the Mati...’ Protection Minister Michalis Chrysochoidis referred to the Mati fire when he responded to SYRIZA’s.... “The people asking about this issue should ask themselves about what they did in Mati, where
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PM takes central role as fires continue to rage
PoliticsGreek Politicssubject following the deadly Mati fire in 2018. The leftists were reminded of this open wound... Dourou so she can face questioning in the ongoing trial regarding the Mati fire. Dourou, who... losing their lives, had asked for her immunity to be lifted. The 104 deaths that happened in Mati, when
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Greek banks set for early ELA return in apparent precautionary move
EconomyMechanism (ELA), while the other two are expected to follow suit in the coming days. Banking sources... requests for ELA funding at some point in February, particularly because collateral of 21 billion euros... extension approved in mid-December. According to ECB rules, ELA means the provision by a Eurosystem
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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomy(ECB) funding, along with a fall of 1 million euros in Emergency Liquidity Assistance (ELA). ECB funding in May came to 8.07 billion euros as mentioned, along with ELA funding totalling just 1... ELA-ceiling bulletin as the level had fallen below 2 billion euros. In March, it was also revealed
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