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General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
EconomyMacroeconomy(+207 million), state budget (+29 million) and local governments (+7 million). Declines were noted... of the total). Bonds increased by 2 million compared to July and stood at 56.12 billion, representing 15.9... billion, making up 5.6 percent of the total. Bank of Greece lending rose by 2 million to stand at 1.91
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Latest T-bill auction highlights shift in Greek yield curve
Economyof 26-week T-bills on October 2 for the same amount produced a yield of 0.097 percent, while... curve over the last six months, with all issues up to 20 years now below the 2 percent threshold... that was issued in March this year, attracting offers that exceeded 7 billion for a 1.5-billion-euro issue
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A sudden turnaround that could lead to sharp shock
Agorabusinesses, or 90 pct of the active total, being under some sort of support, encompassing a total of 2... pct assumption puts at risk more than 7 billion euros of GDP. The experience of 2010 and 2011 makes.... The Finance Ministry plans to commit up to 2 pct of GDP in the form of direct support, which
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Overall loan interest drops to series low of 4.06 pct in March
EconomyMacroeconomy, which includes credit cards, open account loans and overdrafts rose by 2 bps to 14.67 percent. The average interest rate on consumer loans with a defined maturity at a floating rate rose by 2 bps to 10.67... by 7 basis points to 4.61 percent, also representing a series low, while the corresponding rate
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Newsletter 257 -07/07/2020
impact of 2 billion, taking the total to date to 14-15 billion euros, which rises to The EC’s forecast..., the Finance Ministry now estimates the deficit at 7 pct of GDP, or close to 15 billion euros, which... but only 0.1 percent of total debtors. 2 Employment balance positive by 37,568 in June Unexpected
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Newsletter 270 -23/10/2020
another 2 billion euros, with a re-offer yield of 1.15 pct, implying a price of 109.46. The book... announcement, also supported the transaction with 7 pct. Fund managers once more took up the lion’s... funds had 9 pct of the allocation. 2 Current account surplus of 79.7 mln in August Monthly balance
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... of privatising the bank will be accelerated. The bank is already lining up the securitisation of 7 billion euros of NPEs through two portfolios: Phoenix, which is worth 5 billion, and Vega for 2 billion
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Newsletter 283 -05/02/2021
request submission for Hercules on the securitisation of the Phoenix portfolio worth 2 billion euros..., worth 7 billion euros, and the remainder of Alpha Bank’s Project Galaxy. Hercules II is seen running... to the central bank. 2 PMI rises to 50 points in January Figure signals unchanged operating conditions
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Newsletter 291 - 02/04/2021
the plan to his cabinet on Monday, including that it will add 7 percentage points to gross domestic... worsened by 10.6 points. 2 Consumer confidence improves in March Retail, services and employment..., stationery and other goods (-3.7 percent). Increases were noted in supermarkets (+2 percent
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Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
EconomyMacroeconomy, compared to 7 pct of GDP last year. Support initiatives are seen continuing in 2022 with another... is 27.9 billion euros, 11.6 billion last year, 14.3 billion this year and 2 billion euros in 2022...-pandemic surveillance commitments with surpluses of 2 pct and 2.9 pct in 2023 and 2024
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