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Newsletter 192 -01/02/2019
that the total bids reached as high as 10 billion euros. Finance Minister Euclid Tsakalotos also claimed... Credit contraction at 1.1 pct in Dec Loans to enterprises increase by 1.09 bln MoM Credit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomy, at 1.1 pct of GDP. Both figures are above the MTFS estimates by roughly one billion euros, where..., or 0.9 pct of GDP, higher from the MTFS estimate by roughly 1.1 billion euros. The ministry has also outlined the details of the total package in response to the pandemic that for the 2020-2022 period
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Budget marks return of trust, argues Mitsotakis
PoliticsGreek Politics1.1 pct this year. The total deficit is due to halve to 2.49 billion euros, at -1.1 pct of GDP, from
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Trade deficit soars 34 pct YoY in Feb to over 3bln
EconomyMacroeconomythe total to 5.61 billion euros. Imports dropped by 1.1 percent, while exports decreased by 11.4 percent... by 1.1 percent. Excluding the impact of oil products and the value of ships, imports increased
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Revenues beat target for third straight month, put primary surplus in sight
EconomyInvestment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12... outperformance reflects a higher PIB surplus (2.2 billion) and lower expenditure (2.0 billion) and - to a lesser...), resulted in a higher cut of total expenditure by 17.2 percent yoy to 38.62 billion. The PIB
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomyto 1.7 percent in 2015 and further to 2.2 percent in 2016. Investments Gross fixed capital formation... and resulting in a 2.2 percent rise in the full year figure. Note, though, that over the past six years... showed a double digit growth of 10.3 percent for Q4 total exports and a similar trend in each of its two
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
SocietyThe percentage of Greek citizens living in extreme poverty increased from 2.2 to 15 percent... living in Athens and paying rent or a mortgage. While no more than 2.2 percent of the population lived... percent of GDP) could lift 613,704 people out of extreme poverty, or 37 percent of the total 1,647,703
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Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomythat they had granted, along with Attica Bank, a medium-term syndicated bond loan of 2.2 billion euros.... This entails a total value for 100 percent of ADMIE at 1.33 billion. PPC held an extraordinary...’) existing contractual rights” deriving from the 2.2 billion syndicated loan since “through
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Athens waits to sound out IMF, PM moves on from vote
PoliticsGreek Politics, which is in line with the budget target but lower than the 2.2 percent that the Fund expected until... will be 2.2 percent, rather than the targeted 3.5 percent. Saturday’s meeting will be a good opportunity... Greeks to their officially recognised sex from the age of 15. Although a total of 171 MPs backed
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Trade deficit falls by 22.9 pct in June as imports drop sharply
EconomyMacroeconomythe value of oil products and ships, the trade deficit fell by 2.2 percent YoY in June. The aggregate..., bringing the total shortfall to 10.95 billion. This was driven mainly by a 4.7 percent rise in imports. Exports during the period increased by 2.2 percent. In the first half of the year, the absolute
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