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Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
EconomyMacroeconomyfor a seventh consecutive month to stand at 812 million, declining from September’s figure of 999 million
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Lower yields for short- and long-term borrowing boost Athens
EconomyMacroeconomyratio of 2.81. The PDMA accepted 812 million euros for an auctioned amount of 625 million. The yields
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Newsletter 285 - 19/02/2021
investment budget came to 4.24 billion euros. Net revenues came to 3.85 billion euros, below target by 812
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Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
EconomyMacroeconomyby 1.51 billion euros, while transfers were up by 812 million euros. This overperformance is due
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Producer prices skyrocket by 48.8 pct in Apr as energy products shoot up by 90 pct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded another explosive rise in April, shooting up by 48.8... of products sold in the domestic market was 48.1 percent YoY, led by 100.1 percent higher prices for refined petroleum products, followed by electricity and gas at 89.4 percent and manufacture of wood
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Growth in producer prices slows further to 4.7 pct as food products jump by 12.6 pct
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) slowed significantly in February, when it rose... monthly drops over the latest 12-month period. The rise of products sold in the domestic market reached 4.7 percent annually, led by food products manufacturing with 12.6 percent, followed by paper
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeatures24 hours paid by Greece. Greece produces 100 percent of its crude steel via the electric arc.... This barrier to being able to offer competitive export prices led to steel producer Arcelor Mittal, owner of Konti Steel in central Greece, to close its plant in 2011. Another steel producer, Hellenic
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Labour compensation and productivity in the EU-27 and Greece
Agorathe government “produces” in total. It can thus be that if the government decides to give all civil servants a hefty wage increase, that “income” from government, and hence gross value added “produced... from the “income side.” The production--or supply--side tells us how much has been produced
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Developments in Greece produce volatile market reaction
EconomyEurobank and NBG are the worst performers with their shares slumping 56.4 and 52.4 percent respectively
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Final structure of bank recap taking shape, cautious optimism for outcome
Economythat managed to raise at least 10 percent of their capital needs from private investors. In contrast, Eurobank... by the HFSF. Thus, the HFSF’s participation in Eurobank’s share capital was with full voting rights... capital currently stands at 35.41 percent in Eurobank, 57.24 percent in National, 66.24 percent
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