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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammefor recovery and growth of the Greek economy”, to begin soon. Reforms 1. The first reform relates... and also connect with KEPE, the government’s Centre for Economic Research. 2. The second reform involves... to be hired on a strictly short-term, casual basis (up to 2 months and without any prospect of being
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomypercent YoY from a much higher growth of 2 percent posted in Q3. Overall, nominal GDP rebounded by 0.4 percent in 2016. In the 9-month period of 2016, private consumption increased by 1 percent, while public consumption fell by 1.2 percent leading total consumption up modestly by 0.5 percent. According
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Newsletter 120 - 26/05/2017
struggle for financing A total of 4.55 million euros in pensions were paid in December 2016... the total of 2.63 million pensioners, almost one quarter (24 percent) are over the age of 81 and 31.... This implies that there are around 394,000 pensioners (15 percent of total) who are under the age of 60
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Greek banks maintain focus on key areas as elections approach
EconomyBankingeuros earlier in June and attracted bids of over 850 million euros, with a total of 135 investors... in the international debt capital markets with the aim of increasing Piraeus Bank’s total capital... of 2 billion euros in mortgages, and Cairo, consisting of 7 billion euros in non-serviced loans 500
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBanking. ِAn additional 5 billion euros of loans will include 2 billion euros of state guarantees, 1 billion... to normal operations as soon as possible. A total of 25 billion euros in loans, guarantees and subsidies.... Of the total, around 18 billion euros will be used to support businesses and 7 billion
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBanking. For 2020, core PPI came to 610 million euros, a rise of 2 percent year-on-year (YoY). The bank also..., domestic NPEs registered a total reduction of 6.5 billion euros, of which 700 million was from.... P&L Net interest income (ΝΙΙ) rose 3 percent QoQ to 314 million. In 2020, NII fell by 2 percent
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Newsletter 332 - 18/03/2022
qualifying households will get a discount of 22 cents a litre for a total 180 litres of petrol over... bonus will total 324 million, while the transport fuel discounts are expected to add up to 130... alarmed that unleaded fuel prices have risen above 2 euros/litre and heating oil has climbed to 1.6
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Newsletter 446 - 10/01/2025
the tone on January 2 by submitting a parliamentary question for Mitsotakis on the problems faced... reductions. The yield of the US 10-year Treasury has increased by 1 percentage point since October... in the eurozone markets, with the German Bund at 2.6 pct, from roughly 2 pct at the start of December
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On monetary policy and inflation targeting
Agorasay 2 percent year-on-year (Y/Y) for the headline index of consumer prices (HICP).[2] Country A has..., as shown in the twin Figure 1, below. The dashed line in each panel shows the objective of monetary policy, aiming in both cases at a Y/Y headline rate of inflation of 2 percent. The bold line presents
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsforeseeing a deal that would last until September 1. This means the longer interim deal would include... last week that the government would commit to primary surpluses of 1 to 1.5 percent of GDP instead... is estimated by SYRIZA at 1.86 billion euros and relates to: 1) Subsidized meals for 300,000 poor families
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