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  1. Newsletter 193 -08/02/2018

    Newsletters

    almost 1.3 billion euros in 2018, around 2 billion euros remained unpaid at the end of December... the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent as a result... growth is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2

    31%

  2. Parties locked in tug of war over troubled universities
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    -reform Pledging to scrap a predecessor’s education policy has become a recurring motif in Greek

    31%

  3. Outrage at Sunak snub mixed with unease at PM's handling of Marbles talks

    PoliticsGreek Politics

    become a motif of high-level meetings for UK prime ministers to politely disagree with the Greek

    31%

  4. Time deposit rate almost flat in Jan, average loan rate falls 12 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate remained broadly stable for the second straight month in January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece (BoG) figures displayed on Wednesday. Since the impositio...

    30%

  5. PPC lignite unit bids fall flat in blow to privatisations
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    The Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest. PPC received one binding offer for the Melitis unit in...

    30%

  6. Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits growth in July returned to negative territory, dropping by 2.3 percent year-on-year (YoY), after a 3 percent increase in June), according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total numb...

    30%

  7. Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    New Democracy succeeded in limiting the scope of judicial proceedings against politicians in relation to the deadly Tempe rail crash after rival motions by opposition parties to widen the net of prosecutions were voted down. The conservatives hope that ...

    30%

  8. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    , the time deposit rate remained broadly flat over this 6-month period, close to the lowest level... in the time deposit rate led the weighted average rate on new deposits down by 2 bps to 1.10 percent... over 1 million to 4.68 percent, which is the lowest reading since October 2010. 2) A rise by 47 bps

    30%

  9. S&P affirms Greece’s rating with stable outlook

    Economy

    and cumulative privatisation proceeds of 2 percent of GDP in the next four years. Under optimistic assumptions... below 2 percent, the rating agency stresses it will take another 17 years before the Greek debt ratio... its previous estimate for flat growth, weighed by “additional fiscal drag, blocked banking system

    30%

  10. Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure coming in 2 billion lower than target, while revenues beat target by 640 million. The monthly... lower than the target. Indirect taxes rebounded 11.2 percent to 2 billion in August, outperforming... billion, 2 billion lower than the target. According to the breakdown, salaries and pensions dropped

    30%