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Deteriorating ties with Libya become pressing challenge for Greek diplomacy
PoliticsForeign PolicyThe two note verbale recently submitted to the United Nations by Libya underlined that relations... the 2019 Turkey-Libya maritime agreement, which Greece and the EU have repeatedly declared null and void... to the diplomatic notes from Libya’s Tripoli-based government, the Greek government believes the move
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Newsletter 278 -14/12/2020
vaccine and 3.5 million of the jab developed by Moderna. Kikilias said the vaccines will be stored... half of respondents indicating that they will either not get the jab or will wait a few months before... employed amounted to 3.9 million. The employment rate increased by 2.2 percent compared to the previous
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than
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Greek pensions laid bare
Agora), a figure which is almost half the 1.1 billion that was spent in 2013. The Manpower Employment Agency... reduced from the 1.4 billion of 2013 still required 1.1 billion last year. The state’s contribution... pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly
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Industrial production rises by 1.1 pct in March
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 1.1 percent in March after a revised decline... in the mining and quarrying production index (-10.2 percent), the water supply production index (-2.2 percent) and the manufacturing production index (-1.1 percent). Three out of the five main industrial
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday... by electricity down by 6.5 percent, pharmaceuticals up by 2.2 percent and electrical equipment up by 2.3
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingcontracted by 3 percent QoQ to 64.9 billion. The 2.2 billion QoQ drop in Q4 in entirely due to its Greek...) ratio fell by 2.2 pps QoQ to 13.6 percent in Q4 from 15.8 percent in Q3, primarily reflecting the negative impact from the 1.1 billion one-offs and to a lesser extent the revaluation of its available
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent... of consumer prices (HICP) fell at half the CPI decrease by 1.1 percent in June from 1.4 percent in May... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second... of consumer prices (HICP) also fell by 1.3 percent in July from 1.1 percent in June ending.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomygrowing by 2.2 percent in 2019 from a previous forecast of 2.1 percent for 2018. The Greek Finance... growing by 1.1 percent in 2019. On the fiscal front, the OECD expects Greece to have a general... 3.5 percent of GDP until 2022 and 2.2 percent of GDP on average afterwards. Looking ahead, GDP growth
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