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General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
EconomyMacroeconomythe sales of nonfinancial assets declined by 12 million, standing at 2 million in January versus 14.... A rise of 47 million in arrears of hospitals was noted in January, along with a rise of 2 million... month-on-month increase of 5.03 billion in repos which came to 19.96 billion (6 percent of the total
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Newsletter 154 -9/03/2018
percent in 2017, and for imports of goods and services to rise by 6 percent. The latest MoF forecast... billion. 2 Unemployment rate at 20.8 pct in Dec Total for the year shows that 107,687 more people were... percent YoY from growth of 2 percent in Q3. The preliminary figure for the quarter marks first full
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Eurogroup marks end of cycle and squaring of circle for Greece
Agoraa debt buy-back in the end of 2012. A margin of 2 percent was foreseen from 2017 onwards. This margin... activity Athens is expected to have accumulated approximately 6 billion euros for this purpose... privatisations (expected at 2 billion in 2018 and over 1 billion in 2019) set the current cash buffer plan at 18
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The race to reduce Greece's bad loans
EconomyBanking, a collateralised portfolio of NPLs from small- and medium-sized businesses worth 2 billion euros is also... NPLs in Greece tot he value of 2 billion euros. The consideration of the transaction, which amounts to around 6 percent of the total outstanding principal amount, will be capital accretive adding
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingpercent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... imports, growing on average by 6 percent, compared to 5.5 percent for imports. Employment is expected to grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingafter increasing in the previous quarter, while in corporate loans, NPE formation came to -6 million... percent to 217.1 million QoQ. In H1, the figure fell by 2 percent YoY, with the decline coming to 3.4... quarter. Balance Sheet Eurosystem funding declined by 2 billion euros QoQ to 5.1 billion in June
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesissuer of permits, with 6 percent of the total. Russian investors are also showing interest... since 2011, focuses on high net worth investors. It has a higher threshold of 2 million euros and had.... These programmes range in scope and cost from that of Cyprus, which offers full citizenship for a 2 million euro
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Greek leaders' contrasting visions all a blur
Agoraputs the fiscal cost of the package of measures unveiled by Mitsotakis at 6 billion euros over... of the centre-right opposition’s pledges that deserves closer scrutiny is the claim that 2 billion euros... said that the 2 billion euros in revenues from the tax (after his reductions) is roughly equivalent
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Newsletter 176 -28/09/2018
dependent on the budgetary performance. Moody’s sees the economy growing by 2 percent this year... 3.5 percent as any amount in excess of the country’s quota has a rate of close to 4 percent. 2... points. Retail trade improved by 1.3 points to 19.7. Industry confidence fell by 6 points month-on-month
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Newsletter 185 -30/11/2018
it will drop to less than 10 percent for properties worth 100,000 to 150,000 euros. Overall, almost 6... offs, sales of nearly 2 billion euros also took place, mostly attributed to transactions by two... growth in tourism, the level of NPEs from the sector still reaches 40 percent. 2 Primary surplus
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