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Newsletter 154 -9/03/2018
billion. 2 Unemployment rate at 20.8 pct in Dec Total for the year shows that 107,687 more people were... November’s figure was revised upward to 21 percent, Hellenic Statistical Authority’s (ELSTAT) data... percent YoY from growth of 2 percent in Q3. The preliminary figure for the quarter marks first full
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Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammewould be to complete the review in early June, ahead of the June 21 Eurogroup, which Greece and its..., the Europeans seem to prefer one just over 2 percent. There is also the matter of defining the post... on these issues. The Fund’s outlook for the Greek economy sees growth in real terms of 2 percent in 2018
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Newsletter 159 -27/04/2018
has been done. agreement (including debt relief and the post-programme framework) by the June 21... this year compared to last year, though the average amount payable has declined year-on-year. 2... expenditure came to 9.45 billion euros, very slightly below target by 2 million euros. Net revenues
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Athens and creditors place immediate focus on remaining key deliverables
EconomyProgrammeagreement by the May 24 Eurogroup, leaving the next few weeks until the June 21 gathering of eurozone... and structural reforms; (2) a clearer view of financing beyond the Third Programme (3) material... to some combination of: (1) a lack of cooperation between Greece and its institutional creditors; (2
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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... period between 2018-2020. The bank announced on June 21 that it had entered into an agreement... NPLs in Greece tot he value of 2 billion euros. The consideration of the transaction, which amounts
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Newsletter 168 -29/06/2018
growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level.... 2 May budget primary surplus at 1.53 bln Confirmed figure beats the target by 1.35 bln The budget... by over 21 percent to 1.91 billion euros, higher than the target by 561 million euros. PIB revenues
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingthe trust of international markets and keep borrowing costs sustainable. The decisions of the June 21... percent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... to grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5
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Newsletter 189 -11/01/2018
/ESM/IMF loans edged down by a slight 2 million, and represented 71.5 percent of the total debt... requirements. 2 Unemployment at 18.6 pct in October Number of unemployed falls by 12.2 pct year... showed. For the same time last year, the unemployment rate came to 21 percent. Although unchanged from
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Newsletter 207 -24/05/2019
by the Communist Party (KKE), making up the five parties that will elect Greece’s 21 MEPs. The final days... for next year is seen at 2 percent, from 2.1 percent in the previous outlook. The OECD highlights... indicated that the country will miss its fiscal targets this year. 2 April hirings balance positive
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Newsletter 208 -31/05/2019
. In terms of how the 21 seats allocated to Greece in the European Parliament are shared out, eight go to New... on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... of an issue,” he told the Cyprus News Agency. 2 Primary surplus confirmed at 1.46 bln in April Higher
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