Search
-
Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
PoliticsGreek Politicswill have to agree a package of contingent measures worth 2 percent of GDP (3.6 billion euros... on the extra 2 percent of GDP in cuts and savings. Following talks on Thursday, the indications were that the differences remaining over the other 3 percent of GDP in measures for this year had largely
19% -
Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement
Economyand institutions have reached an agreement on the 99 percent of measures worth 3 percent of GDP... the contingent measures of 2 percent of GDP, which are expected to be discussed along with debt... losses namely Coca Cola Hellenic – CCH (-2 percent) and Jumbo (-0.2 percent). The trading activity
19% -
In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeto 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18... aid in 2015 bank recapitalisation can be recovered. 3) Primary surplus is expected at 0.5 percent... decreasing 5 years after the end of the programme leading to an overall average primary surplus of 2
19% -
Greece, lenders fail to make headway on fiscal and labour issues
EconomyProgrammeon the technical details of the fiscal issues such as the necessity for adopting measures worth 2... the Greek side. The Fund’s stance that additional savings of 2 percent of GDP, or 3.6 billion euros... if the notable revenue outperformance in 2016 that led the primary surplus to possibly top 3 percent of GDP
19% -
Newsletter 118 - 12/05/2017
of 1.75 and 3.5 percent, respectively, taking into account the fiscal package worth 3 percent of GDP.... 2 Unemployment edges down in February Jobless figure at five-year low The youth unemployment rate... IPI fell month-on-month at an accelerating pace of 2 percent in March, after edging down by 0.4
19% -
Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgramme. It is noted that the nominal GDP is projected to grow by 3 percent in 2017, 3.6 percent in 2018 and 4... to reach 211.21 billion, around 2 billion above the 2005 level of 199.24 billion. The increase.... Including non-specified measures worth 1.5 billion in 2020 and another 2 billion in 2021, the total tax
19% -
Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicseuros between now and 2021, including 1.5 billion euros of tax reductions in 2020 and another 2... percent of GDP fiscal target every year until 2021, creates an extra 2 billion euros of fiscal space... is on 30 percent, down 3 points from March, and SYRIZA on 20, up one from two months ago. PASOK is on 11
19% -
Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyare expected to be revised upon the release of the provisional estimates due on June 2, including.... Exports fell by 2 percent, while imports edged down 0.4 percent. In addition, gross capital formation... than the respective increase in imports (+3 percent). A month ago, the International Monetary Fund
19% -
Another Eurogroup for Greece where all options fell short
Agorathe Parliament's vote for a package of further austerity measures worth around 2 percent of GDP in pensions cuts... the next decades Greece will need to live with a primary surplus of 2 percent of GDP, which will keep it in line with the EU fiscal framework. If in broad terms that framework implies a total deficit of 3
19% -
Newsletter 124 - 23/06/2017
case, which takes its name from a cargo ship that was seized in Greece in 2014 with more than 2 tonnes... the parties do battle in Parliament on July 3 for one last time before the summer lull. A debate...” about what was decided in Luxembourg. 2 Current account balance improves Bank of Greece data showed
19%