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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyfiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears.... At the moment, 138 million euros has been set aside for businesses, which could receive
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Newsletter 226 -01/11/2019
will probably be taken in April 2020 and that the fiscal targets may be reduced by 1 to 1.3 percentage... are set against challenges from the country's high external and public debt, the beleaguered banking
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingbusiness loans. Around 20,000 properties are included in the portfolio. The Orion portfolio is also set... in the first half of next year. Another two NPL securitisations are in the works with a value of 1
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Newsletter 227 -08/11/2019
over three years. The measures will be in place for 15 years and will be The government this week set... of the transfers will lead to the total number of refugees exceeding 1 percent of the local population in any
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IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
EconomyProgrammestructural issues like adverse demographics keep the long-term growth potential of Greece at levels below 1... bargaining. That said, the Fund notes that more ambitious targets should be set on those fronts
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyof Christmas. The Finance Ministry wants to take a more conservative approach this year and set aside... billion euros, more than 1 percent of GDP. Public debt will remain broadly unchanged at 329.5
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsof support drop by almost 1 point since October. KINAL follows in third on 6.2 percent, then KKE... the islands, the government announced a set of measures last week that included the creation of closed
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesprofessionals also introduced in the 2011 tax package, brought in 386.3 million euros in 2017. Approximately 1... of modest family outings, but not to buy a new TV set. However, the government will be hoping
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomyof Finance (MoF) has set a target for private consumption to rise by 0.6 percent in 2019 and by 1.8... Breaking down the components of imports in Q3, imports of goods decreased by 1 percent while imports
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Newsletter 234 -10/01/2020
. The possibility of Greece joining the US F-35 fighter jet programme was set to be one of the issues... points. The overall weighted average interest rate on new deposits dropped by 1 bps to 0.19 percent
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