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Newsletter 179 -19/10/2018
and local votes. GDP revision shows slight improvement Second estimate strikes positive note as govt submits draft budget Greece’s Statistical Authority (ELSTAT) issued its second estimate of the national... regulation of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017
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Athens blocks EU statement on China amid growing economic ties
PoliticsForeign Policycriticise China’s human rights record. The European Union tables such a statement at the United Nations... for the latest version of the text to be submitted to the Human Rights Council in Geneva. Amnesty... that this statement could have undermined the imminent bilateral Council of Human Rights between the EU
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingat 103 million euros in Q3 versus 142 million in Q2. Pre-provision income (PPI) came to 732 million euros... impairment charges stood at 146 million from 157 million in Q3 2019 and 142 million in Q2. The cost of risk
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Newsletter 222 -04/10/2019
are not eligible for asylum and that the crossings are the result of human traffickers seeking to profit... million for the wider industry. When the tourism multiplier effect is added in, which estimates... estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52
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For better or worse: Greece's bailout exit deja vu
Agoraof 3.5 percent until 2023 is detrimental to growth and that the goal of 2.2 percent on average up... long-term goal of 2.2 percent is unprecedented, the long-term target in the IMF’s DSA at the end... and estimates, Greece was expected to save an additional 1.7 to 2 billion euros annually over the period
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Newsletter 307 - 10/09/2021
generally has a good reputation in Greece from his time as EU Commissioner for Human Aid and Crisis... recent forecast. Before this week’s GDP release, the estimates of major international organisations... the more optimistic estimates of the private sector, which converged towards a consensus of above 5
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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CPI down 1.3 pct in April as Greece remains in deflation for 14th month
EconomyMacroeconomyand footwear (-2.2 percent) and hotels, cafes and restaurants (-2.2 percent). The latter’s movement... beverages and tobacco were the two sectors posting price increases at 2.2 and 0.9 percent respectively... turned negative at -0.9 percent for the first time in more than 45 years. The recent estimates
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