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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgramme, the IMF notes that 80 percent of the total is held by the official sector, although as official... rate on the total debt is now seen at 2.4 percent, from 2.8 percent in March. Within this framework... and averaging 2.2 percent after that. It also considers all of SMP and ANFA profits used for debt service
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomyrepresents the majority of GDP, making up around 87 percent of the total figure in Q3, with private... around 20 percent of the total. In the final budget for 2020 submitted to Parliament, the Ministry... by 1.8 percent this year, which is lower than the 2.2 percent expected in the spring forecasts
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Poverty declined in 2018, births continued to lag behind deaths
Societypercent of total expenditure was reserved for food, down slightly from 20.4 percent in the previous..., rising from 40.2 percent in 2018 and 13.7 percent in 2008. Finally, total criminal offences came to 210,272 in 2018, recording a drop of 5 percent compared to 2017. Serious felonies rose by 2.2
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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomydecreased by 52,221 (-1.3 percent). Total employment stood at 3.86 million people. ELSTAT noted... persons when compared with April 2019 (+4.2 percent). The total inactive population now stands... 45-54, where unemployment fell by 2.2 pps. The employment rate for this age group stands at 12.3
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomythat could throw the baseline scenario off track. Of the total stock of 339 billion euros at the end.... Of the private debt, GGBs were just 13 pct of the total. This is one of the factors that speaks to the great... that in the European Commission’s DSA, the primary surplus path is assumed at 2.2 pct of GDP from 2023 all the way
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Newsletter 303 - 02/07/2021
a new tax relief package, even if the primary surplus goal of 2.2 pct of GDP from 2023 onwards remains... during the pandemic (the total state backing during 2020 and 2021 is expected to reach more than 40.... State budget total revenues stood at 19.92 billion euros for the first five months, lower than
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Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
EconomyMacroeconomyreleased on Thursday showed. The total number of permits came to 2,082, from 1,771 in June 2020 when... half of the year, building permits rose by 36.7 percent. Total permits in the aggregate period... confidence indicator worsened by 2.2 points month-on-month. Compared to the same month last year
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Travel receipts more than double in 2021, arrivals at 47 pct of 2019
EconomyMacroeconomybeing significantly higher than the 2.2 million euros recorded in December last year, the latest... up by 297.6 and 503.4 percent respectively. Visitors from the UK came to 42,900. In total, arrivals... euros in the aggregate period versus 584.4 euros last year and 564 euros in 2019. In total, arrivals
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Unemployment broadly unchanged at 13.2 pct in Q4
EconomyMacroeconomy) from the Q4 2020 figure of 16.2 percent. A total of 617,431 were registered as unemployed in Q4..., increasing by 1.8 percent compared with the previous quarter and lower by 2.2 percent compared... percent of the total unemployed. Alarmingly, the largest portion, 166,900, has not worked for more
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyis expected this year, from the total of roughly 18 billion euros in grants and 13 billion euros... have managed to drop the NPE ratio down to 13 pct of the total stock of last year’s loans... on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path
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