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Newsletter 276 -04/12/2020
, concessional interest rates and long maturities. However, long-term sustainability is subject... than projected if support package execution rates improve substantially and if take-up of loans from
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PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
Economymaturities and low interest rates. Additionally, through PDMA’s own actions almost all of Greece’s debt is at fixed rates, cushioning against interest rate risks. The weighted average maturity stands
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PMI dips to 49.4 points in February as cost burdens pile up
EconomyMacroeconomysector. Output and new orders continued to contract in February, with the rates of decline... production. Rates of contraction in stocks of purchases and finished goods accelerated, with the former
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Starkly different solutions presented as govt nears lockdown decision point
PoliticsGreek Politicsduring a televised briefing. The past few days have seen infection rates holding at stubbornly high... there is consensus that the current mix of measures is failing to cut infection rates, some experts appear
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Mitsotakis attempts to clarify plans for post-Easter reopening
PoliticsGreek Politicspossible side-effects, while vaccination rates appear to have stalled in key groups, forcing... not yet achieved the rates we would want, particularly among the most vulnerable”. Reactions
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Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
PoliticsGreek Politics, with occupancy rates in Covid ICU units remaining at more than 70 pct. Meanwhile, wastewater monitoring from some Greek cities has indicated rises in undiagnosed infection rates in the aftermath
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IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Economysignificantly, although the fund noted that it is uncertain if those low rates will be sustained... concessional terms to market rates. The IMF sees the Greek economy growing by 3.3 pct this year and 5.4 pct
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Productivity developments in the Greek public and private sector
Agoraproductivity per person employed (the level of productivity) and also have sound growth rates... to the same quarter of a year earlier (to avoid seasonality). Figure 2 shows the growth rates for the economy
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Government hints at perks for vaccinated as uptake stalls
PoliticsGreek PoliticsVaccination rates across Greece are beginning to diverge, leading experts to make further appeals to citizens to overcome their hesitancy and scepticism. While the political leadership continues... in the over-80s the rate is 67 pct, compared rates approaching 100 pct in comparable European countries. On Monday
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Govt views pandemic window as opportunity to advance contentious reform agenda
PoliticsGreek Politicsthat it might bring a fourth wave ahead of the autumn, due to its high transmission rates which have seen... coming out of the UK, where the variant has become dominant despite relatively high vaccination rates
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