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Newsletter 86 - 02/09/2016
at 0.86 percent in July, while corporate loan rates picked up in July, Bank of Greece data showed... rates remain 250-350 bps higher than the euro area average. In the household lending sector... a total of almost 250 million euros, which was way in excess of what was widely expected. The process has
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Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomy. The biggest growth rates in inbound traveller flow were posted by Russia (+40 percent) and the US..., arrivals from EU countries rose by 7.2 percent to 8.09 million by July making up two-thirds of total... period. In contrast, receipts from France, Germany and the UK dropped at double-digit rates, while
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Newsletter 109 - 03/03/2017
and negatively to others. The IMF, for instance, is said to want a reduction of the top income tax rates...-measures for the most vulnerable coupled with a reduction in the upper tax rates for personal incomes... million in January. Total deposits, which also include those of the general government (gg) as well
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Industrial production rises at record high rate of 10.8 pct in Feb
EconomyMacroeconomy. In addition, manufacturing production, which holds the lion’s share of the total index, grew by 6.1 percent... of the total index. Furthermore, water supply production edged up 1.2 percent. Four of the five main... breakdown showed motor vehicles and trailers excelled (+376 percent) followed by double-digit growth rates
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Newsletter 160 -04/05/2018
downwards. However, the fiscal performance relies heavily on high tax rates and a narrow base... have caused a substantial rise in poverty rates that are most notable in families with children, young... lift it above the poverty threshold. 2 Deposits grow by 1.14 bln in March Total deposit include
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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economya broad reduction in tax rates and a commitment to reduce bureaucracy, with the aim of improving..., with nearly 91 percent of the stock at fixed interest rates, hence insensitive to rate shocks... weak, with NPEs standing at 45 percent of total loans as of the end of March. There is a combination
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economymanaged to contain the spread and mortality rates of Covid-19 with a heavy toll on the economy, which... pct of total, or 40 pct of GDP. Debt servicing costs come to just 1.5 pct, which is the lowest from... 157 pct in 2019. S&P estimates the total liquidity reserve at roughly 20 pct of GDP, a factor
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Newsletter 303 - 02/07/2021
during the pandemic (the total state backing during 2020 and 2021 is expected to reach more than 40... to make more liquidity available and to do so at low interest rates. The Finance Ministry is expecting... rates of 5.3 pct and 3.9 pct in 2022 and 2023 respectively. As support measures had to be extended
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Newsletter 305 - 16/07/2021
to be announced by Health Minister Vassilis Kikilias on Tuesday. The low vaccination rates among frontline... a targeted The low vaccination rates among frontline hospital staff have been a cause for concern from... with the 12 months before that. The total number of permits in April came to 2,209, whil
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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politics. The interventions - 24 in total - announced by Mitsotakis were in three key directions: Boosting the post-pandemic recovery, counter-acting inflation and appealing to young Greeks. The total fiscal impact... tax rates The centre-right government has also become more concerned over the past few weeks about
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