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Another spin of the wheel for Greece
Agorato their social security and the rest of the population had to absorb the burden of another 3 percent of GDP... of more than 3 billion euros. Meanwhile, lenders’ non-performing exposure continued to rise... or further flexibility in the Greek labour market and the upfront legislation of more than 2 percentage
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An unfounded argument leaves Greece in limbo
Agoragovernment legislated almost 3 percent of GDP in tax hikes and pension savings to meet the 2018... is seen with a primary surplus that exceeds 3 percent of GDP, Cyprus is expected to maintain... is expected to be just short of 2 percent of GDP in 2021. Even member states that are often reported
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek Politicsmillion euros on July 3, 2.17 billion on July 17 and 4.03 billion to the European Central Bank on July 20... a 3.5 percent of GDP primary surplus from 2018 to 2022 and then 2 percent from 2023 to 2060 or a 2.2... that, Greece would have to comply with the Stability and Growth Pact, which sets the fiscal limit at a 3
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Coalition turns to growth plan for relief from negativity, poor poll numbers
PoliticsGreek Politicsto exceed 2 percent of GDP this year and to reach around 3 percent or more next year, which is above... partner, Independent Greeks (ANEL) short of the 3 percent threshold for entering Parliament. ANEL
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Retail sales drop by 0.3 pct in August, first negative reading for the year
EconomyMacroeconomyequipment (+3 percent). The biggest annual decline was seen in automotive fuel, which fell by 3... in September to stand at 2 points. This year to date, retail trade has deteriorated by 10.9 points.
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Greece drops six places in global ease of doing business report
EconomyFeaturesheld by New Zealand (1), Singapore (2) and Denmark (3). Ten indicators were tested as part... scored 3 on a scale of 0-12. In terms of resolving insolvency, Greece trailed behind other countries
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Newsletter 138
to 5.34 billion in the first nine months of 2017, up marginally (by 3 million euros) compared... confidence was also reported as having improved to a three-and-a-half year high. 2 Retail sales drop by 0.3... fuel, which fell by 3 percent. The seasonally adjusted (SA) retail sales index declined by 2.3
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomybillion, while travel payments declined by 3 percent to 173.5 million. BoG cited an 11.8 percent rise... increased by 381 million euros, while the corresponding liabilities grew by 3 billion. In the nine-month... in liabilities was driven by a fall of 2 billion in non-residents holdings of Greek government bonds
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Newsletter 141
fluctuated in recent months. 2 Current account surplus at 1.21 bln in Sept Headline figure driven... percent to 2.47 billion for the month, while travel payments fell by 3 percent to 173.5 million.... This was driven by travel receipts rising by 15.5 percent to 2.47 billion, while travel payments declined by 3
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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyto reach Cyprus' block 3 for hydrocarbon research when it was impeded. Turkey is currently conducting military exercises close to Cyprus's Block 2 and 3 and has blocked the area using a NAVTEX
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