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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyby half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability... in the previous baseline scenario. Price growth is expected to broadly stabilise at this year’s levels... the previous estimate of 2.3 percent in the Stability and Growth Programme and well above all the other
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Greece falls to 79 out of 190 economies in ease of doing business ranking
EconomyFeaturesIn this category, Greece scored 86 out of 190 economies, sharply worsening from a score of 39 in the previous... in this category, improving from a rank of 79 in the previous survey. The procedure for getting electricity... three years. Trading across borders In this category, Greece ranked 34, falling from a previous rank
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Overall loan interest drops to 4.32 pct in October
EconomyMacroeconomythe previous month. The spread between existing loan and deposit rates edged down to 3.80 percentage... euros from 340 million in the previous month. The rate on loans with a defined maturity at a floating... the corresponding volume of new business decreased to 214 million in October from 249 million in the previous
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Learning the lessons of Greece's toxic decade
AgoraEuropean partners, overseeing a catastrophic end to the previous decade for Greece and the sowing... to be exploited by others who could use his previous formula as a guide. Not being able to lead the opposition... policies. Having managed just 12 percent of the vote in the previous elections, PASOK was steadily
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Newsletter 237 -31/01/2020
of discussions with the technical teams during the previous week. The institutions noted there had been... showed. This led the outstanding balance to 154.29 billion from 155.58 billion in the previous month..., recovering from net monthly outflows of -130 million euros in the previous month. This resulted
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Credit contraction at 0.7 pct in Feb, balance at 153.74 bln
EconomyMacroeconomythe outstanding balance to stand at 153.74 billion from 153.43 billion in the previous month. The net... from 73.83 billion in the previous month. Within corporate lending, the balance of credit to non... from net monthly outflows of -207 million euros in the previous month. This resulted in the household
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Novartis scandal causes allegations between govt and opposition to fly
PoliticsGreek Politicscorruption first raised under the previous administration. The row centres on the role played by former... levelled against Pappagelopoulos, who was briefly head of the intelligence service under a previous... and KINAL MPs on the committee seized on this detail, claiming that it contradicts previous
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Newsletter 256 -03/07/2020
by 7.6 billion from the previous quarter and 46.3 billion euros from the March 2016 peak. The BoG... in the series in May 2020. After dropping sharply in the previous months on the back of coronavirus... month’s reading represents a new series low, surpassing the previous low of -17.9 percent seen in March
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Newsletter 268 -09/10/2020
parliamentary parties had joined forces in the previous days to push for a guilty verdict. Government officials... in more cases than under the previous laws, while those convicted could also lose the right to hold... showed that there were 69,395 more unemployed people in July versus the previous month, a drop of 8.2
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Newsletter 276 -04/12/2020
both previous official assessments on Greece taking place before the pandemic broke, the Fund updated... annually, higher than the 8 pct on average in the previous estimate. The OECD has also released its latest... to 6.6 percent in 2022. This is a notable drop from the previous outlook’s projection of a drop in GDP
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