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The main economic challenges that will define the Mitsotakis reign
Agorarecently seen its bond yields drop, with the 10-year falling below 2 percent. To top it all, debt... than the predicted 2 percent or below. Fiscal Mitsotakis has presented a very ambitious programme... piled on. The company is continuously losing market share, dropping by 6 percentage points to 77
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsaims to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros... might have to water this down as the tax cuts will reduce next year’s fiscal space by another 2
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Newsletter 220 -20/09/2019
. Deutsche Telekom AG participated in the issuance by covering 20 percent of the deal size. 2..., along with ECB funding rising by 6 million. In the year so far, Eurosystem funding has declined... PIB expenditure came to 2 billion, below the target by 380 million. Overall, the PIB balance landed
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingat 17.36 billion. The Bank plans to securitise a total of 6 billion euros in bad loans by 2021. Bad loan.... Around 40 percent are located in Athens. Piraeus Bank is preparing a securitisation of 2 billion... euros. Finally, Eurobank is waiting to include the Pillar securitisation into Hercules, concerning 2
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Newsletter 228 -15/11/2019
, as well as the December 6 anniversary of the The government is relying on its stance as a party..., a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021, with long... into this category, an increase of 502,976 from the previous quarter. 2 Employment balance down by 125,668
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Newsletter 229 -22/11/2019
the fiscal target. Growth is projected at 2 percent this year and 2.8 percent of GDP by 2020... million visitors. 2 Central govt debt down to 353.85 bln in Q3 Average maturity remains stable at 21 years... (+6 percent) and intermediate goods (+3.4 percent).
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Greek pupils score below average in international rankings as long-term problems persist
Societyproblems in all three disciplines. From long-term average scores, Greece lost score 2 points in reading, saw no change in mathematics, and lost 6 points in science. Compared to the 2015 PISA results, the latest results showed that Greece lost 10 points in reading, 2 points in mathematics and 3 points
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Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
EconomyMacroeconomyat 1.3 percent compared to an increase of 2 percent in 2018. The corresponding volume index dropped...) and supermarkets (-2 percent). The monthly seasonally adjusted (SA) retail sales index in December fell..., consumer confidence has shown an improvement of 28.5 points. Retail trade rose by 6 points month
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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... of the authorities a series of measures needed, led by reducing VAT in the catering industry to 6 pct... being allocated to Greece. Athens believes this could be converted into a 1.5 to 2 pct annual boost
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Newsletter 252 -29/05/2020
plank of SYRIZA’s plan is an emergency minimum income payment to almost 2 million qualifying households... funding. BoG’s range of forecasts for this year is 4.5 to 9.5 pct, with 6 pct recession being... testing them when they arrive. ” 2 Primary balance at deficit of 1.52 bln April figure shows
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