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Industrial production edges up by 0.6 percent in March
EconomyMacroeconomy. The annual movement in the index was driven largely by a 2 percent increase in the manufacturing... reading on record in 21 years. In line with the substantial reduction in client demand, backlogs of work
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Greece issues new 10 yr bond as investor appetite returns
Economythat fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros. The two prior issues... than 85 pct of the allocation, with fund managers taking up 59 pct, followed by banks at 21 pct
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Greece on alert over Turkish maritime plans, senses EU backing
PoliticsForeign PolicyAthens is on alert after Turkey announce plans, via a NAVTEX advisory on Tuesday, for a seismic survey south and east of the Greek island of Kastellorizo between July 21 and August 2. However, diplomatic contacts are being made behind the scenes in a bid to defuse the situation. Germany
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Newsletter 274 -20/11/2020
, and restaurants between December 19 and December 21. Earlier in the week, Development Minister Adonis... as 2024. 2 Budget primary shows deficit at 9.06 bln October figure misses target by 12.32 billion euros
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeamongst member states. Inflation was assumed at 2 pct by 2030, the interest rate assumptions average 3... by official lenders, with the average residual maturity on medium and long-term debt at about 21 years
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Fresh accusations against NGOs as govt hardens stance on migration
PoliticsGreek PoliticsMigration and Asylum Minister Notis Mitarachi has accused the Turkish coastguard and foreign NGOs of putting migrants’ lives in danger on the Aegean crossing. On December 2, 32 migrants were rescued... to conclude on January 21, is expected to shed further light on the interaction between the two countries
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General govt primary cash deficit at 1.99 bln in February; arrears jump
EconomyMacroeconomysurplus decreased 21 million from a year, while the extrabudgetary funds deteriorated by 213 million... of the year revenue fell by 2 percent YoY to 12.3 billion euros. In absolute terms, the greatest
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Vaccination weak spots still a concern as govt aims for better summer
PoliticsGreek PoliticsOrganisation (EODY), since the self-testing procedure began in Greece, almost 2 million results have been... out just over 3.2 million vaccinations, which means that almost 21% of the population had received
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBankingbillion euros of Sunrise 2 in Q4 this year. The bank says it has now essentially completed the entire... billion euros in 2020. Net fee and commission income in 9M increased by 21 percent year-on-year (YoY
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Newsletter 319 - 03/12/2021
reading since 2011, with the index below 2 pct since 2012 and in deflation territory for the most... in negative territory and is up by 21 pct since the end of last year. The index measures the monthly rates
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