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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economyunchanged. Fitch’s rating is supported by high income per capita levels, the exceptionally..., the timeframe and the actual take up by the banks. That said, the funding of Greek banks has improved thanks to deposit infolows and wholesale market access. As of the end of March, ECB funding was down to 8.4
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Economyto the pandemic impact will cover 2020 and 2021 per the European Commission’s guidance. The Finance Ministry... pct of GDP The authorities note that the funding strategy this year, which was meant to raise up to 8... funding needs due to Covid-19. According to the relevant EU regulations, macro projections
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Newsletter 259 -24/07/2020
expenditure per trip fell by 62.9 percent to 235.60 euros. Travel receipts from the 27 European... projects Greece might propose for funding. All national plans will have to focus on the green... after the EU funding was sealed, the Organisation for Economic Cooperation and Development (OECD
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Rising yields, market turbulence limit government's fiscal options
Economyof roughly 150 to 200 basis points per benchmark. The signs of distress accumulated in the first issue... Management Agency to execute very modest debt strategies, with gross funding needs that range from 8... funding could be used at times of market turbulence. The developments in the bond markets were
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Diplomatic tension over refugee crisis grows as Greece protests to Austria
PoliticsForeign Policyto a report in To Vima daily Vienna has expressed willingness to contribute to finding a solution... of countries that are not EU member states. This means any decisions taken by the EU are non-binding
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Progress rather than breakthrough the target at Eurogroup
PoliticsGreek Politicson Monday. From the lenders’ side, apart from finding a common position on the three issues... elections in September, it wants a binding commitment now so that the European Central Bank is satisfied
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Macedonia name issue: Agreement and disagreement
Agorain September 1995. They continued negotiating on finding a 'compound' name with a geographical qualifier...-binding referendum. However, the 37 percent turnout was lower than the 50 percent threshold
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Deal or no deal? Greece wrestles with the Macedonia issue
Agora. This positivity towards finding common ground was evident in the relatively quick time that the two... the fact that the plebiscite was non-binding allowed Zaev to proceed with the process
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Newsletter 310 - 01/10/2021
bills to 180 million euros. It is also considering finding resources from the fund that auctions... to the negotiating table to resolve their differences, or to agree to binding international
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Greece sizes up task of restructuring corporate debt
Economyfor Greece have better prospects although there is a general lack of investment activity. Another finding...The Bank of Greece (BoG) released on Friday the findings of a recent workshop in which representatives from the Finance Ministry, the EU, banks, corporates, international experts and consulting firms
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