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BoG stresses need to avoid putting investment grade at risk
EconomyMacroeconomystance of the ECB that has pushed interest rates has helped bank profitability in the short-term... real disposable income and higher interest rates are expected to result in a mild increase in private
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Newsletter 388 - 07/07/2023
by a negligible effect to 2.3 pct. The same scenarios for 2024 lead to growth rates of 2.7 pct in the first.... Interest rates The interest rate spread for loans widened in May, reaching 5.76 pct for new loans
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Newsletter 389 - 14/07/2023
markets at a time when the ECB seems determined to keep policy tight and interest rates high... respectively and were switched with an issue that carries a yield of 4.46 pct. The GLF rates have been
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Stress tests not proving stressful for Greek banks any longer
EconomyBanking. The EBA’s baseline scenario saw growth in the eurozone in the three-year horizon with growth rates of 0.4... interest rates. Meanwhile, in the AGMs that took place in recent weeks, almost all lenders said
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Newsletter 392 - 08/09/2023
policies, which pushed up interest rates by more than 400 basis points, it is estimated that one more hike might be on the cards this month and rates would remain elevated for much longer than most
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Newsletter 412 - 16/02/2024
households have seen solid annual growth rates. Fruit and vegetables are up by 14.2 and 14.4 pct... slowed down in January, with the CPI rising by 3.1 pct, from 3.5 pct in December. Growth rates
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Slower growth nixes handout plans, fires criticism of ND's economic policies
PoliticsGreek Politicsto be negative. Until now, high growth rates had allowed the government to fend off any criticism of its economic.... Shortcomings in other areas could always be obscured by rapidly rising growth rates. If PM Mitsotakis
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Newsletter 416 - 15/03/2024
with inflation, as Greece has one of the highest food inflation rates in the EU. Meanwhile... expect growth rates of between 2 pct and 2.5% pct This will only complicate matters as the fiscal
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May PMI still in expansion as firms report supply chain and cost issues
EconomyMacroeconomyperformance across the sector during May, as output and new orders rose at further sharp rates. Meanwhile, business confidence improved and goods producers took on additional staff at one the fastest rates
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Mitsotakis dangles carrot of more tax cuts as SYRIZA heads for leadership vote
PoliticsGreek Politicsreducing income tax rates and scales. However, as Kathimerini reported on Friday, supermarkets are urging the government to reduce VAT rates and bring them closer to the EU average. The retailers argue
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