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  1. Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
    Photo via www.government.gov.gr

    Economy

    Only two days after announcing economic measures of up to 2 billion euros to support businesses... latest public address on Thursday that the government would add another 3 billion euros from the budget to the 3.8 billion it had already pledged, and another 3 billion from the National Strategic

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  2. Newsletter 253 -12/06/2020

    Newsletters

    pct this year Greece completed its third market foray for the year by issuing a 10-year bond of 3... of January that fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros..., leading to the issue being oversubscribed by 5.6 times, compared to 3 times on the mid-April issue

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  3. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . Kathimerini reported that if the purchase goes ahead, it would cost Greece 3 billion euros. It went..., the reduction was not as dramatic. In 2008, Greece was spending 3 pct of its GDP on defence. In 2018, this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014

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  4. Newsletter 267 -02/10/2020

    Newsletters

    households,19.1 percent of the budget is spent on food. 2 Budget primary at deficit of 5.48 bln in August... September 2018 when it dropped to -42.7. Retail trade fell by 2 points month-on-month to -20.3 points... the series average as pandemic-drive uncertainty drove sentiment. Retail turnover drops by 3 pct

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  5. Newsletter 270 -23/10/2020

    Newsletters

    high infections. These are considered Category 3 areas. Those in Category 4, such as Kozani..., are at the epicentre of the latest outbreaks. Starting on Thursday, Thessaloniki was upgraded to level 3 on Greece’s... another 2 billion euros, with a re-offer yield of 1.15 pct, implying a price of 109.46. The book

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  6. Newsletter 278 -14/12/2020

    Newsletters

    Greece bank. 2 Wages index up by 3 pct YoY in Q3 Quarterly figure shows drop of 1.5 pct versus Q2 Greece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY... are aiming to vaccinate more than 2 million Greeks next year, but recent opinion polls indicate

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  7. Newsletter 291 - 02/04/2021

    Newsletters

    worsened by 10.6 points. 2 Consumer confidence improves in March Retail, services and employment... points. Retail turnover drops by 5 pct in January Volume decreases 3 percent, led by decline... fell by 3 percent after a revised decrease of 11.5 percent in the previous month. Compared

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  8. Discussion over PEPP, SGP draw attention to rising yields
    Photo by EC - Audiovisual Service

    EconomyFeatures

    bond, 2.5 billion in a 30-year note in March, 3 billion in the 5-year in May and 2.5 billion euros... pct and approaching 2 pct respectively. As the ECB’s emergency programme comes to an end in March next... sustainability analysis by the European Commission, a primary balance of over 2 pct of GDP is seen

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  9. Newsletter 325 - 28/01/2022

    Newsletters

    in taxation year-on-year by close to 3 billion euros. This is the main reason that the Finance Ministry left... would like to make permanent for 2023 are the reduction of social insurance contributions by 3... sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2

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  10. Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    further to 2.9 pct in 2024, falling below 2 pct by 2028, when it is expected at 1.8 pct. The current... year, and at 6 pct in 2024, before moderating to 3 pct by 2028. Unemployment will fall by 1 percentage... Fiscal Monitor seeing the budget deficit fall below 3 pct this year to 2.4 pct and almost halve

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