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Newsletter 243 -13/03/2020
authorities confirmed the first death from the disease, with the number of confirmed cases rising above 100... the political damage that the previous administration suffered over the loss of some 100 lives in Mati. New... million euros. Overall, the state budget primary balance showed a fall of 486 million euros, landing
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Discussion over PEPP, SGP draw attention to rising yields
EconomyFeaturesof the largest support packages in the EU. According to the data presented in the draft budget... of the debt threshold to 100 pct, from 60 pct currently. It also proposes keeping the 3 pct of GDP... the proposal appears more flexible at first, for countries with debt levels above 100 pct
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Govt pins hopes on lifting Covid restrictions in March as experts tread more cautious path
PoliticsGreek Politicssubsidies for households, admitting that they will have to dip into the budget to see the crisis out... time in several days that the daily figure has fallen below 100. The Covid death rate in Greece has... of February compared to 100 in December 2020 and has raised questions about why it so much higher
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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economyto 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices... implementation of the necessary reforms and budget commitments, its projections are based on a no-policy-change... balance is now expected to post a deficit of 2.1 percent in 2015 and 2.2 percent in 2016 versus a surplus
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CPI falls at slightly higher pace of 1 pct in September
EconomyMacroeconomy). In contrast, the biggest rises in September prices were recorded in clothing and footwear (+2.2 percent... (+5 percent) and solid fuels (+2.2 percent). Compared to the previous month, CPI in September... in 2017. The 2017 draft budget foresees HICP to remain flat in 2016 and increase by 0.6 percent next
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammeon Thursday that the MTFS will foresee a primary surplus of 2.2 – 2.3 percent of GDP for 2017, above the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... of 2.7 percent. The International Monetary Fund anticipates the domestic economy would expand by 2.2
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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
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CPI rises by 0.7 pct in Dec for first 12-month positive streak after four years of deflation
EconomyMacroeconomy). Price decreases were noted in household equipment (-2.2 percent), miscellaneous goods and services (-2.2 percent) and clothing and footwear (-1.6 percent). Month-on-month, the CPI rose by 0.5 percent.... The Finance Ministry’s latest draft budget projects the HICP to rise by 1.1 percent in 2018.
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Newsletter 153 -2/03/2018
. This is to be decided in May, when there will be a clearer picture of this year’s budget execution and whether... deposits fell by 962.6 million euros, while time deposits rose by 401 million. Retail sales rise by 2.2... figure is the highest reading since July 2017. Greece’s retail sales rose by 2.2 percent year-on-year
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For better or worse: Greece's bailout exit deja vu
Agoraof 3.5 percent until 2023 is detrimental to growth and that the goal of 2.2 percent on average up... in question. By the time 2014 closed, the state budget situation did not meet expectations, with revenues... long-term goal of 2.2 percent is unprecedented, the long-term target in the IMF’s DSA at the end
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