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Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
EconomyOnly two days after announcing economic measures of up to 2 billion euros to support businesses and employees, while also making another 1.8 billion euros of European Union funds available, ministers... of the coronavirus on the economy. This will have a fiscal cost of about 2 billion euros, Staikouras
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A sudden turnaround that could lead to sharp shock
Agorabusinesses, or 90 pct of the active total, being under some sort of support, encompassing a total of 2.... The Finance Ministry plans to commit up to 2 pct of GDP in the form of direct support, which
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economycan draw an amount equivalent to as much as 2 pct of their GDP from the European Stability Mechanism... could fetch up to 2 billion euros. The Finance Ministry is in a tight spot as the budget is already
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingaround 7 billion euros as well under the government's plans. Guarantees of 2 billion euros.... ِAn additional 5 billion euros of loans will include 2 billion euros of state guarantees, 1 billion
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Overall loan interest drops to series low of 4.06 pct in March
EconomyMacroeconomy, which includes credit cards, open account loans and overdrafts rose by 2 bps to 14.67 percent. The average interest rate on consumer loans with a defined maturity at a floating rate rose by 2 bps to 10.67
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Newsletter 251 -22/05/2020
to businesses worth a total 2 billion euros, tax breaks for landlords. Liquidity to businesses... with emphasis on high added-value activities and skilled labour.” 2 Primary cash balance at 2.62 bln
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... being allocated to Greece. Athens believes this could be converted into a 1.5 to 2 pct annual boost
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Newsletter 252 -29/05/2020
plank of SYRIZA’s plan is an emergency minimum income payment to almost 2 million qualifying households... testing them when they arrive. ” 2 Primary balance at deficit of 1.52 bln April figure shows
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Newsletter 253 -12/06/2020
of January that fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros... in the first scenario and by 17.3 percent in the second, with rebounds in 2021. 2 Unemployment rate
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politics, the government is looking for 2 billion euros fiscal space so it can get back on track... these interventions. It will have to agree a primary surplus target of less than 2 pct of GDP next year
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