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Newsletter 251 -22/05/2020
and guarantees, of which 7 billion have already been spent. The main tool for supporting employment... to businesses worth a total 2 billion euros, tax breaks for landlords. Liquidity to businesses will be provided through a range of schemes, including 7 billion euros of loans backed by the Hellenic Development
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... package will support the real economy. Its research arm recently estimated that 1 in 7 firms could... applications since May 20, taking the total for both rounds to more than 7 billion euros so far. Also
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Newsletter 260 -31/07/2020
decisions. The NAVTEX is valid until August 2, which means that Greece will remain on high alert... is around 7 percent. The bank sees some encouraging signs from the reopening of retail stores in May, but this by no means suggests that they returned to pre-crisis levels. 2 Primary balance at deficit
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Newsletter 282 -29/01/2021
for 7 pct of the offers and hedge funds were at 5 pct. Compared to the latest market foray... 7 pct of the offers. The PDMA can take encouragement from this first issue of 2021 towards its debt... this year at regular intervals. 2 Budget primary at deficit of 18.20 bln in 2020 Primary balance
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Newsletter 375 - 24/03/2023
was elected on July 7 in 2019 so the last Sunday that elections could be held before its time in office expired is on July 2. Mitsotakis suggested that it was never in his thinking as picking that date... on the issuance of 7 billion euros in new bonds, excluding a possible green bond. Some 4.2 billion euros
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraevent. Meanwhile the ripple effects of the October 7 Hamas attack are still unfolding. Before assessing... the high cost of investing gas as a “transition fuel”: imports cost the Greek economy 7 billion euros... are still going ahead[2]. Under the latest plans, the Alexandroupoli plant will be linked
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economyinterventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2... 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 7) Abolition...) and reintroduction of the “socially just” taxation on large properties, with an estimated cost of 2
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economypercent in September, after easing by 2 percent in August, yet the 9-month figure fell by 6.8... of the FY target of 750 million) 2) Other social security funds expenditure (at zero versus an annual target...) Consumption and non-allocated expenditure (at 39.8 percent of the annual target of 1.57 billion) 7
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First review completed but more prior actions lie ahead for Greece
EconomyProgramme, the fund’s internal regulation has to be completed by the same date. 2) A second set of state... should also adjust the quantities for auctions. 2) New framework for the distribution of the special...) The government should secure a sufficient level of resources for the new independent revenue agency 2
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingof 2 percent YoY. Asset quality NPEs fell by around 1.2 billion euros in Q4, taking the stock to 24.5... securitisations work of around 7 billion euros is on track, split between two portfolios, Vega valued at 5 billion, and Phoenix valued at 2 billion. These portfolios will be placed with the Hellenic Asset
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