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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomythe year so far. The movements in May largely reflect a fall of 397 million euros in European Central Bank (ECB) funding, along with a fall of 1 million euros in Emergency Liquidity Assistance (ELA). ECB... so far, Eurosystem funding has declined by 3 billion euros, reflecting a fall of 2.06 billion euros
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Newsletter 253 -12/06/2020
. Regarding Greece, the OECD expects that GDP will fall by up to 8 percent in 2020 under a single-hit scenario..., Greece’s GDP is forecast to fall by 9.8 percent this year. However, the decline in output, job losses... consumption is expected to fall by 8 percent under the first scenario and by 9.8 percent under the second
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A macroeconomic assessment of the Cypriot economy after the haircut
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2014/01/22/cyprusgeorgiades_1000_myrto_2101-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Agorato lower production costs for tradeables and non-tradeables and to a fall in prices of final goods... of lower income levels sinks in, while past savings decumulate, the fall in consumption will be more... higher. Indeed, a fall in the long-run saving rate has likely been one of the major effects
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Greece seen having older and much smaller population by 2060
SocietyGreece’s population is projected to fall by almost a quarter by 2060, to as low as 8.6 million... demographic, whose share will fall from 14.6 to 12.9 percent. The population share of the 65–79 age group..., those aged 15–64, will fall almost 11 points to 54.2 percent. The projections in the report show
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Greece near top of EU charts for proportion of population over 65 and 80
Society, the EU’s 2015 Ageing Report said Greece’s population is projected to fall by almost a quarter by 2060...). The ageing of Greece’s population is due to people living longer as well as a fall in birth rates... were proportionately less likely at to fall into this category. Only in Ireland (18.5 point difference
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Newsletter 92 - 14/10/2016
on Thursday showed. The downward trend stems from a fall in both ECB and emergency liquidity.... The core index declined by 0.2 percent for its third successive monthly fall. The change in September is attributed to a fall in the goods index by 1.7 percent. The services index edged up 0.1 percent
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Newsletter 120 - 26/05/2017
euros previously. The average dividend recorded fall of 27.5 percent to 98 euros from 135 euros. From... recorded a fall of 42.2 percent. Apartment prices fell at a faster pace by 1.8 percent year-on-year (YoY... peak of 102.2 in Q3 2008, the index has recorded a fall of 42.2 percent. Apartment prices remain
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomymonth and was fractional overall. A further fall in new orders, which led to a drop in output.... The decline was registered across both the domestic and foreign goods markets. Due to a fall in new... into a further fall in pre-production inventories. Unfinished work fell to a weaker extent than
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Drop in apartment prices continues with slower decline of 1.2 pct in Q2
EconomyMacroeconomycontracted by 0.17 percent in Q2 following a 0.5 percent quarter-on-quarter fall in Q1 2017. Old apartments, over five years old, saw their prices fall by 1.3 percent in Q2, whereas up to five years old properties had their prices fall by 1 percent. Properties outside of Athens and Thessaloniki recorded
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomyto 49.12 billion euros. As with previous months, the main factor behind this fall was a 39.1 percent... behind this was a combination of a fall in social benefits (-752 million), purchase of non financial... that the figure has fallen below the 50-billion euro mark. The driving factor behind the fall
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