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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturesare considered to be rising export products, meaning that although they make up 3 percent of Greek... the crisis years to hold a 2 percent global market share. Across the years of the crisis, basic... period, the rising export category managed to double its market share to 2 percent in 2017. Other
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Newsletter 224 -18/10/2019
to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent... significantly accelerating in the last quarter of 2019, growing by 3 percent year-on-year... falling from 2.6 to 2.3 percent of GDP between 2020 and 2023 and settling at 2 percent in 2024
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Newsletter 226 -01/11/2019
and January 2021 and will improve the country’s debt profile, reducing the debt-to-GDP ratio by 3... risen is that the previous auction of 26-week T-bills on October 2 for the same amount produced a yield... below the 2 percent threshold, and only the 25-year benchmark marginally over at 2.12 percent
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBanking, reflecting a fall of 2 percent YoY and 3 percent QoQ. The cost-to-income ratio stood at 51 percent... YoY. In the 9M period, NII came to 1.07 billion euros, higher by 2 percent YoY. Management noted... at 800 million at the end of Q3 2019, down by 2 billion YoY. The bank fully eliminated ELA funding
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PDMA sets 2020 goals to build on improving conditions for debt
Economyregular market operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing... percent from 2024 onwards, inflation at 2 percent, an average effective rate on the debt at 3.4..., in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1
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Newsletter 335 - 15/04/2022
higher towards 2 pct of GDP, from 1.4 pct previously. Finance Minister Christos Staikouras also noted on TV yesterday that growth estimates are also revised to 3 pct, down from 4.5 pct before... the primary surplus to 2 pct of GDP this year, there is a steep fiscal effort coming in 2023, having
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Tracking Greece's fiscal performance
Agora(and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... adjustment between €5-10 billion (2½-5 percent of GDP) is necessary to restore a sound primary... interest rates on the debt. Figure 3 summarizes the headline findings, using the ESA accrual accounts
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Tsipras conducts varied reshuffle in further bid to revitalise coalition
PoliticsGreek Politicsbe leaving the Interior Ministry to become SYRIZA’s secretary, several other frontline officials... role is Alexis Haritsis. The 41-year-old was appointed interior minister, replacing the outgoing... is one of the few cabinet members to emerge with his reputation relatively intact. The Interior
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PM makes limited, cautious changes to cabinet after election disappointment
PoliticsGreek Politicsat ministerial level in five departments: Development, Migration, Interior, Labour and Agricultural... as Interior Minister. Kostas Tsiaras, once a justice minister under Mitsotakis, becomes the new agriculture minister. Niki Kerameus is being moved from the Interior Ministry to the Labour Ministry
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Newsletter 428 - 21/06/2024
: Development, Migration, Interior, Labour and Agricultural Development. The new head of the Development Ministry is Takis Theodorikakos, who has previously served as Interior Minister. Kostas Tsiaras... is being moved from the Interior Ministry to the Labour Ministry, where she is replacing one of the few
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