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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsof GDP, that would translate to the loss of 1 percentage point of growth, or 1.8 billion euros. More... off its value. Equity markets across Europe registered losses, with Milan losing close to 6 percent.... At the other end of the spectrum, yields on Greek 10-year bonds climbed 6 basis points to 1.02 percent
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ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politicslosses of revenue between 1 and 12 billion euros, equally split between large corporations and SMEs... and 6 pct VAT on hotels. However, all this has to be balanced against the available public finances... and expenses are roughly 6 billion per month. Revenues are expected to be well below the target in March
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomy, and just short of 8 pct in the last quarter of the year. Private consumption is seen dropping by 6... in 2021 will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion... billion this year to 63.88 billion in 2021, largely due to significantly lower transfers by 6
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Newsletter 329 - 25/02/2022
pct from ND, while 6 pct comes from those who abstained from the 2019 elections. Reports over... that there are around 1 million vulnerable households, which would be the beneficiaries of any handout... Athens to temporarily reduce VAT on some goods from 13 to 6 percent or to bring down the special
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BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
EconomyMacroeconomy. This compares to a 1.8 pct growth estimate by the Finance Ministry in the final 2023 budget and 1 pct... as a percentage of GDP, exceeding 6 pct in 2023 and staying close to the 6 pct mark up to 2025. Greece’s central
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EC tweaks forecasts, sees 2023 growth at 1.2 pct
EconomyMacroeconomypercent in 2022. In the autumn, the Commission expected the Greek economy to grow by 6 pct in 2022 and 1 pct this year, with the winter forecast noting that inflation had an effect on growth... down from the 10 percent, 6 percent for 2022 and 2023 in autumn. The Commission notes
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policythe Greece-Egypt-Cyprus and Greece-Egypt-Cyprus-France cooperation schemes, the "3+1",” Dendias... of airspace where [the Greeks] claim 10 miles instead of 6. There are some statements that mention the extension of territorial waters from 6 to 12 miles. All these issues are issues of disputes that have
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Newsletter 401 - 10/11/2023
than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party KKE has... of the outperformance comes from the top line, as net interest income climbed to 6 billion euros in the 9M, which... and ships, the aggregate deficit was down by 6 pct, at 18.63 billion euros.
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingsheet clean-up, the NPE ratio reached 6 percent in 2023, from 7.8 percent in 2022. The Group’s NPE cash... ago. Loan loss impairments rose by 6 percent to 308 million euros, from 291 million in 2022. Balance... of the year. Capital The fully loaded Common Equity Tier 1 (CET1) ratio in 2023 stood at 14.3 percent
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Newsletter 431 - 12/07/2024
, the government’s attempts to defend the measure by describing it as “5+1 days” rather than six has... of voting, which is scheduled for October 6. To launch a formal bid, candidates must gather... between October 4 and 6. Kasselakis wants delegates to vote on a new party charter, which he says
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