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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomyperiod (only May recorded a modest rise of 1.2 percent) and the seventeenth over the past 20 months... are expected to drop by 6 percent overall in 2014, while market sources indicate a decline up to 7 percent
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Greek stocks post second highest drop on record over political concerns
Economyexceeded 20 and 16 percent. Over the past 6 months, Greek bank stocks have lost almost 42 percent... of 86 million recorded in the previous 7 sessions. Bonds At the same time, the yield of the 10 year
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Newsletter 12 - 23/01/2015
- and 6-month T-Bills of 7 billion in the coming two months, 2.4 billion in February and 4.6 billion... with a cash value of 20 billion would not be ECB-eligible as of March. Three of the four systemic banks
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Pressing economic tasks mounting up for next Greek government
EconomyProgrammeover 3- and 6-month T-Bills of 7 billion in the coming two months, 2.4 billion in February and 4.6... funding with a cash value of 20 billion would not be ECB-eligible as of March. ELA for banks Three
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The immediate economic and financial hurdles for the new Greek government
EconomyProgrammewould be required to cover also the rollover of T-Bills totaling 7 billion in the coming two months.... Greek banks would also resort to ELA to replace cash value of ECB funding of more than 20 billion, which
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Greek trade deficit rises by 6.9 pct in March after successive falls
EconomyMacroeconomyAfter dropping by more than 20 percent in each of the preceding two months, Greece’s trade deficit rose by 6.9 percent in March, according to the Hellenic Statistical Authority (ELSTAT). The February... fell by 13.2 percent to 4.73 billion. The quarterly change stems from a decrease in imports by 7
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Greece seen having older and much smaller population by 2060
Societyis expected to climb by 7 percentage points by 2020. By 2060, Greece’s share of older workers (aged 55 to 64) in total employment (aged 20 to 64) is projected to increase by about 50 percent or more. Spain
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Greek stocks down by 4.77 pct as bond yields head further north
Economyis the lowest reading since September 7, 2012. Over the last three sessions, Greek stocks have plummeted 14.6.... A similar move was also evident in the 5-year GGB yield, which climbed by 125 bps to almost 20
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Yes or no, complex political developments lie ahead for Greece
PoliticsGreek PoliticsUp to 9.85 million registered voters will cast a ballot in this Sunday’s referendum, which could decide whether Greece’s future lies within the eurozone or not. Polls opened at 7 a.m. and close 12... economy, and July 20 (when Greece has to redeem a 3.5-billion-euro bond held by the European Central
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
SocietyEuropeans (38 percent), immigration is now seen as the main issue facing the EU in 20 member states (up... Eurobarometer. Just under three in five (54 percent, -7 points) also said that they believe the “worst
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