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Newsletter 224 -18/10/2019
fiscal 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 are set to receive... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingof the securitisation, once 50 pct+1 of the junior notes have been sold to private investors and a satisfactory... is slightly more relaxed than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior... in their books. The servicers that will manage the securitisation have set goals in meeting their collections
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Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
EconomyMinister Christos Staikouras set out the latest measures on Monday. Some are new interventions, others..., will now be able to suspend VAT and tax payments. He also announced that up to 1 bln euros in tax... support, consisting mainly of the 800-euro stipend, will set the state back another 1.4 bln
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OECD forecasts unemployment increase into 2021
EconomyFeaturesthe single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... that unemployment is set to rise under three scenarios presented. Scenario 1 anticipates a GDP
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Greece's post-lockdown hubris
Agora. On August 1, the 7-day average of new daily cases exceeded 50 for the first time since the height... by the opposition and civil society groups, however one calculation suggested that only 1 percent of the money.... Surely there wouldn’t be one set of rules for foreigners and another for locals? The political class
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Newsletter 303 - 02/07/2021
is set to discuss with the European institutions from September its intentions about making... will lead to the primary surplus estimates seen in the Medium-Term Fiscal Strategy dropping by roughly 1... structural funds will set Greece on a dynamic growth path over the coming years are prompting its officials
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Crunch time nears for health system as Covid surge meets staff suspensions
PoliticsGreek PoliticsThe Greek health system is preparing for a tough autumn, as surging hospitalisations are set... of the Delta variant. The increased pressure on hospitals coincides with impending deadline set... are obliged under an emergency law to get vaccinated against Covid-19 by September 1, or face suspension
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Bravo, Bank of Greece
Agoraof Greece for starting this new series. The first note is excellent. It provides a comprehensive set... for Greece’s large Resilience and Recovery Plan (RRP) efforts.[1] The reader is struck by the clear... an entirely different set of consequences: the public is not disappointed, maybe even happy
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Newsletter 465 - 06/06/2025
package, set to be unveiled at the Thessaloniki International Fair (TIF) in September... in fiscal space by 2026, supplementing the €1 billion from organic spending increases under new Stability... over fiscal space clears way for next set of relief measuresGreece’s fiscal outlook became clearer
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Newsletter 475 - 12/09/2025
. And if Tsipras does decide to lead a refreshed progressive movement, the stage will be set for a high-stakes... set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year... pct growth in 2025. Final consumption growth also slowed to 1 pct YoY and dropped marginally by 0.1
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