Search
-
PPC, Hellenikon present government with first test of problem solving mettle
Economy, and the company made a loss of almost 1 billion euros last year, a financial performance... real estate development to begin by the end of the year. According to reports, the ministry... of seven-year notes next week, according to reports. A successful sale — the target is for a yield below
1% -
Bonds enjoy great buoyancy but remain some distance from investment grade
EconomyGreece’s borrowing costs have enjoyed an unprecedented period of buoyancy this year, which included...-friendly profile, would be leading Greece. Added to this was the clean four-year horizon.... The latest upgrade came from Moody’s in March this year, since the agency had taken a more cautious
1% -
Third bill on way as Athens looks to autumn reforms, negotiations with creditors
PoliticsGreek Politicscouncils to counter any problems caused by the use of proportional representation in this year’s... the adoption of 10 draft laws by the end of the year, which is when the performance of his ministers..., which is how to price guarantees, has been solved by using the three-year Credit Default Swaps
1% -
PBO highlights budget, recovery risks in latest report
EconomyMacroeconomyof 3.5 percent of GDP for this year remains feasible. More specifically, when applying the ESA methodology and the enhanced surveillance rules, the primary surplus over the first six months of the year is 2.1 billion euros lower than during the same period last year. The PBO notes that although part
1% -
CPI remains static in July
EconomyMacroeconomyof consumer prices (HICP) rose by 0.4 percent year-on-year in July. Month-on-month, the HICP showed...) for the 2020–2023 period anticipates the HICP rising by 1.3 percent this year from a rise of 0.8
1% -
Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingpercent year-on-year (YoY). The bank noted that this figure factored a voluntary exit scheme of 41.... As a result, the loan to deposit ratio improved further to 86.5 percent in H1 from 99.3 percent a year
1% -
Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicsof this year, increase to 3 percent. In a speech at the Belgian Business Club, the central banker... dropped, deposit inflows have continued (12.3 billion euros since the start of the year) and that house... position on the fiscal gap for this year. The central bank had indicated that there would
1% -
Wages index up by 2.2 pct in Q2 for ninth straight increase
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2) of 2019, following an increase of 1.8 percent in Q1, Hellenic Statistical Authority... as well as extensive changes in the labour market. Earlier this year, the Greek government
1% -
Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeintent earlier this year to repay some IMF loans ahead of time. But political developments that led..., Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9 in 2022 and 1.4 in 2023..., from a combination of programme financing, 3 successful bond issues this year in the volume of 7.5
1% -
Calls for measures to lessen impact of Thomas Cook collapse in Greece
EconomyFeaturesof Greece’s latest travel balance, total travel receipts in the first seven months of the year came to 9.15 billion euros, up by 13.6 percent year-on-year. Around 14.4 percent of the total, or 1.32
1%