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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalexception under Article 107(2)(b). 5. Short-term export credit insurance The Temporary Framework... and their social security contributions on the basis of their total nominal wages, for 45 days. At the same time... or to prevent its transmission. 5. Intervention in real estate market. Specifically, for companies which
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Banks step up securitisation drive following pandemic interruption
EconomyBankingand 3.6 billion euros of junior notes. Eurobank kept all the senior notes and 5 pct of the mezzanine... billion euros. This is part of a 7-billion-euro total securitisation exercise for Piraeus, which it hopes.... Piraeus also has in progress a larger securitisation called Vega, which is for a value of 5 billion
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyto 23.1 billion euros, below the aggregate target by close to 5 billion euros. The budget balance... in the aggregate period, as mentioned, missing the target by 5 billion euros. The MoF said that this was due... the first seven months of the year, total expenditure came to 34.76 billion, overshooting the target by 4.6
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesin the residential sector contributed over 10 percent. Those figures shrunk to 5 percent and less than 1... of 2019, these had reached 12,832. The total number nationwide peaked at over 100,000 unique listings... sources claim that long-term rental prices in central Athens have dropped between 5 and 23.5 percent
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Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
EconomyMacroeconomyrising by 1.7 pct. For next year, growth has been trimmed significantly, now coming short of 5 pct... the total EU flow to 5.51 billion euros. Private consumption is expected to grow by 3 pct in 2021... in deferrals of obligations and 5 billion in liquidity injections. For next year, 6.94 billion euros
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Trade deficit falls by 33.2 pct in February
EconomyMacroeconomydropped by 5 percent. Meanwhile, exports to EU countries rose by 1.4 percent. Those to non-EU countries..., imports fell 5 percent, while exports rose by 3.7 percent. Excluding the value of oil products and ships... months of the year showed that the trade deficit fell by 28 percent, bringing the total shortfall to 2.6
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We can't ignore population shifts within the European Union
Agora-west regions. The share of the total population concentrating in the north-west regions is expected... further thought and debate.[5] No one (except for UK populists) is suggesting that internal mobility... for well-being beyond real GDP per person and are well-worth reading. [5] Palgrave (2021) has recently
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Newsletter 310 - 01/10/2021
Rafale jets, taking the total it has ordered to 24. Domestically, the agreement has been greeted... on the territorial integrity of either Greece or France even from other NATO member states as Article 5... in intermediate goods and capital goods were 5 pct higher. Energy has the biggest weighting in the index
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Newsletter 350 - 09/09/2022
put the total amount earmarked for this year at 10 billion euros, with other sources placing... by 18 pct in H1. The trade deficit during the first quarter reached 5 billion euros, with the goods..., and it is safe to assume that the economy could grow by 5 pct this year if there are no surprises
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Newsletter 355 - 14/10/2022
than 8 million out of a total of 13 million visitors. In the meantime, during the first eight months... contributed roughly 5 percentage points to the annual growth, electricity was up 30.5 pct annually... rise in manufacturing, offset by drops of 9.7 percent in mining and quarrying and 5 percent in water
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