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  1. Newsletter 216 -26/07/2019

    Newsletters

    . Receipts from Russian visitors fell by 6.2 percent to 37.4 million. 2 Disposable income up by 4.9 pct

    5%
  2. Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    at a yield of 0.23 percent. The coverage of the early July issue was 1.61 times with total offers exceeding 2

    5%
  3. Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
    Photo by MacroPolis

    Economy

    , thanks to high primary surpluses and an average real growth of 2 percent. Debt sustainability Although

    5%
  4. Despite recent improvement, more than half of Greeks unable to afford one-week holiday
    Photo by Harry van Versendaal

    Society

    by 2 percentage points over the same time period. Although the percentage of Greeks unable to go

    5%
  5. Athens hopes lower bond yields strengthen case for reducing fiscal targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    below 2 percent and the yield of just 0.15 percent for the rollover of 6 months T-bills, he argued

    5%
  6. Eurosystem funding rises by 64.9 mln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    the publication of its regular ELA-ceiling bulletin as the amount had fallen below 2 billion euros. In March

    5%
  7. Current account balance surplus of 874.4 mln in June shows significant yoy improvement
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , an increase of 2 billion euros was noted in residents’ external liabilities. In the first half

    5%
  8. Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
    Photo by MacroPolis

    PoliticsGreek Politics

    -government spending review is also hoped to generate up to 2 billion euros of savings. Ministries

    5%
  9. Eurobank net profits at 6 mln in Q2 amid increasing securitisations
    Photo by MacroPolis

    EconomyBanking

    remained a priority. The deal with PIMCO for a 2 billion euro NPE securitsation , marked another

    5%
  10. Athens boosted by Lagarde's comments on primary surplus, but no move due for now
    Photo by IMF https://flic.kr/p/zBf1FT

    PoliticsGreek Politics

    be “reviewed carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2

    5%