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Piecemeal process likely in drive for more fiscal space
EconomyProgrammehinges on securing a 1 pct of GDP reduction in the surplus goal. The Greek side is arguing... billion euros, or 1 pct of GDP, and as such the primary surplus goal can drop to at least 3 pct over... on the borrowing front, but this is offset against the poor long-term growth trajectory of 1 pct. There is also
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Central government debt increases by 2.16 bln to 356.01 bln in Q4
EconomyMacroeconomyby fixed bonds (48 percent) floating rate bonds (2 percent) and EIB loans (1 percent). The majority of FSM..., while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.4 and 10.2
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After the tweetstorm - Tracing the course of #IStandWithGreece
Agorahashtag was used 5,692 times by a total 2,000 users; on Sunday, March 1 it got used 83,404 times by just... with #IStandWithGreece, March 1, 2020. Source: Discovery & Analytics There are several recurring... active account @mercina18, which was opened in March 2020 and only has 2 followers. Monday, March 1
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Greece braces for recession, hopes to bounce back from summer onwards
Economyadmitted that Greece is on course for an economic contraction of 1 to 3 pct this year due to the virus... for the Greek economy and now see it contracting by 1 to 8 pct this year. Capital Economics sees economic... and exports will pick up from Q3, leading to just a 1 pct recession. This is predicated upon the economic
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingdecisions. P&L NII came to 387.1 million, up by 1 percent QoQ which was led by business loan... percent at the end of September 2019. Capital At the end of December 2019, the Common Equity Tier 1... in risk weighted assets. The fully loaded total CET 1 stood at 14.9 percent. The bank’s Tangible
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As easing of lockdown begins, government looks to salvage economy
PoliticsGreek Politicsexplained that the infection rate (R) has dropped well below 1, signalling that the disease is dying out... and updated every 1 to 2 weeks. As things stand, Greeks are not able to leave their region but the government... to and from the Greek islands. This is due to happen on June 1. According to Kathimerini, though
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Newsletter 249 -08/05/2020
every 1 to 2 weeks. As things stand, Greeks are not able to leave their regions but the government aims... to and from the Greek islands. This is due to happen on June 1. Speaking on CNN on Monday, Prime Minister... that the government hopes the conditions would be right for Greek tourism to begin to open up from July 1. Mitsotakis
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsis also set to re-open primary and nursery schools from June 1, although there will be restrictions... package will support the real economy. Its research arm recently estimated that 1 in 7 firms could... June 1, with the state subsidising 60 pct of the income loss from the reduction of working hours via
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politicsfor the property tax reduction and 1 billion to reduce social insurance contributions. However... surplus of 1 to 1.5 pct of GDP. Also, the pan-EU Recovery and Resilience Fund proposed by the European... is gradually opening up to visitors from abroad, with all airports due to open on July 1
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Newsletter 257 -07/07/2020
1 percent of the 20 million euros spent across print, internet and TV went to opposition-friendly..., Greece’s employment growth is set to fall by 3.5 percent this year and by 1 percent next year. Under... billion euros which is 11.4 percent of the total. This is followed by those owing over 1 million
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