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Newsletter 82 - 15/07/2016
in May after a 3.3 percent increase in April. The positive performance in May fully reflects a rebound...” was responsible for holding up the trial. Justice Minister Nikos Paraskevopoulos visited the Supreme... euros in May, much higher than the 694 million rise in April. The aggregate figure for the year so far
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammeprobably being the country that needed it the most. The ECB’s QE programme is already winding down... restrictions on issuer and issue percentage of holdings and bonds availability in the secondary
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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyGreece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299...). The latter largely reflects increased non-residents’ arrivals in May (+13.2 percent). Despite the C/A surplus in May, the aggregate figures for the 5-month period point to a small widening of the C
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Newsletter 55 - 12/12/2015
Partners, Duferco Participation Holding (Luxemburg), Mitsui (Japan), P&O Steam Navigation (UK), Russian Railways (JSC/RZD) in cooperation with GEK TERNA and Yilport Holding (Turkey), which have... Pitsiorlas said it may be delayed for a few weeks, he expects the project to conclude by mid-February
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Eurosystem funding falls by 716 mln in May
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 716 million euros in May, the Bank of Greece's (BoG... funding fell in May after having risen for two consecutive months. In recent months, ELA funding has been steadily falling, with the latest reduction coming on May 17, when the ECB announced that the ELA
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Vehicle registrations up by 21.3 pct in May, led by cars
EconomyMacroeconomy-on-year (YoY) in May, picking up pace from the rise of 1.9 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In May 2021, the year-on-year change was 57.2 percent, compared to May 2020 when Greece was only gradually finding its footing from the first lockdown
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomyGreece’s current account (C/A) balance came to a surplus of 300.6 million in May from a deficit... surplus of 0.3 million for the same month in 2018. Total exports of goods in May came to 2.97 billion euros, against 2.86 billion in May last year. Total exports of goods grew by 3.7 percent in current
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek PoliticsAn official visit to Athens by the President of the European Parliament Roberta Metsola gave Prime Minister Kyriakos Mitsotakis an occasion to hit back at the recent resolution passed by European lawmakers expressing concerns about the rule of law in Gr...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped... funding landed at 56.92 billion at the end of May, which remains the lowest reading since December... to the conclusion of the second programme review. The lower dependence on ELA funding in May was largely
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