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PMI at 55 pts in March, slowing from Feb but above 50 for tenth month
EconomyMacroeconomyGreece’s Manufacturing PMI dipped by 1.1 points to 55 in March, the tenth consecutive reading above the 50-mark threshold. Although remaining positive, the index declined against the figure for February, which at 56.1 points, represented the highest rea...
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Producer prices rise by 26.2 pct in Nov, up by almost 50 pct since 2021
EconomyMacroeconomyThere was another drop in the pace of Greece’s Producer Price Index (PPI) in November, rising by 26.2 percent year-on-year (YoY), after a 35.4 percent increase in October, ELSTAT data showed on Friday. The index was in negative territory for most of 202...
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Newsletter 74 - 20/05/2016
vote scheduled for Sunday afternoon. The budget execution for the four-month period showed a primary... also beat the target by 381 million. In contrast, the Public Investment Budget (PIB) balance... in the weeks ahead. Q1 surplus above target Greece’s budget primary surplus reached 2.38 billion
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Newsletter 142 -1/12/2017
of e-auctions will be on Wednesday, with authorities aiming to conduct 50 such transactions..., that will increase the quorum for first-degree unions to vote on a strike from one third to 50 percent. One potential... expectations as new budget targets come into force The primary surplus beat its target by 2.58 billion
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What would a clean bailout exit for Greece mean in numbers?
Agoraloans is now 32 years and the budget is only burdened by small fees on the disbursements, which... to have a sizeable impact on the budget. Bilateral loans The loans of the first program, aka Greek... and had another 100 basis points shaved off the interest rate, which was reduced to 50 basis points
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammein March, is that foreign investors hold more than 50 percent of those securities. Since they are reluctant.... The first amount will be recorded in April’s state budget execution revenues. We understand... be reported in March’s budget execution revenues. The newspaper also noted that March revenues were
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Greece and lenders make headway on review but labour reforms remain biggest obstacle
EconomyProgrammeEuclid Tsakalotos on fiscal issues, particularly the 2017 budget. Specifically, Finance Ministry sources said that the fiscal gap of 50 million euros for 2017 was eliminated and the two sides converged on the measures of the 2017 budget, which is due to be tabled on Monday at 6 pm. According
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Newsletter 147 -19/01/2018
with the coalition during the ballot on the 2018 budget in December. Her addition was seen..., expenditure shows a decline of 139 million euros for 2017. The full-year Public Investment Budget... percent. 2 Budget primary surplus at 1.97 bln in 2017 Strong underspend drives headline figure
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A snapshot of the Greek economy
Agorathe 419 investors (over 50 percent more than those who participated in the five-year bond issue... to examine state of the Greek economy at this early point of the year Budget balance: According to the Ministry of Finance, the Greek government budget achieved a primary surplus of 729 million for January
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammehave been settled on this trip, ahead of the draft budget that is due to be tabled to Parliament... and ANFA profits and whether those can be used in the budget to create some fiscal space. According to a finance ministry official, the discussions on next year’s budget are based on three scenarios
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