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Why did Greece return to bond markets now? Was it the right decision?
Economystocks. At the same time, the yield of the 3- and 6-month T-Bills in March and April auctions dropped... on the secondary market in the near future. 3) Can the bond sale be considered a success? The final... the current level of 3 percent. If this happens it would translate into annual cost savings of around
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Greece prepares for a 3-year benchmark bond issue
Economyreports earlier today indicated that the amount of the issue would reach 2.5 – 3 billion euros with the yield expected at 3 – 3.5 percent. This is the second bond transaction after the 3-billion-euro... of short-term maturities. The Greek government believes that GGB issues with 3- to 7-year maturities
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomyto the exceptionally high readings of the past 3 years, they remain 60-100 bps higher than those in other euro... rate rose by 19 bps reaching 3 percent. The rate in consumer loans displayed mixed trends. For loans... eased by 3 bps to 8.37 percent. Following the revision of corporate lending rates, they now stand
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economy, particularly sources stemming from: settlement of unpaid taxes (with estimated revenues of 3 billion euros in the first year and 20 billion over a 7-year period), tackling tax evasion (3 billion), reallocation of the Hellenic Financial Stability Fund (HFSF) capital buffer (3 billion
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Greece's troika talks begin with apparent deal on 2015 surplus
EconomyProgrammeagreed on a primary surplus of 3 percent of GDP for 2015 without additional measures. This is higher...) target of 2.5 percent. But it is in line with the Economic Adjustment Program (EAP) target of 3..., however it will detail how the 3 percent surplus will be achieved in 2015. The ultimate target of 3
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Tsipras still hopes he can avoid being part of coalition government
PoliticsGreek Politicsand the Movement of Democratic Socialists fail to pass the 3 percent threshold, even more so if Papandreou’s... by Macedonia University for Skai TV on Monday gave PASOK just 3 percent, right on the threshold. Macedonia Uni for Skai TV SYRIZA 31.5% ND 27 Potami 6.5 G Dawn 6 KKE 6 PASOK 3 Ind Grks 3 Papandreou 2
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Newsletter 11 - 16/01/2015
accordingly the debt stock but losing the cushion of EU money available for Greece. 3. Having to tap markets... Ministry preliminary budget data for 2014, the primary surplus reached 1.93 billion euros, 3 billion short... to 1.93 billion euros at the end of 2014, leaving it some 3 billion short of the target. For the full
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomydisplayed the highest primary surplus at 2.42 billion euros in 2014, albeit lower than the 3 billion..., a 5-year note of 3 billion in April and a 3-year note of 1.5 billion in July, 2) Redemptions of 16.5 billion 3) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. Short term
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Minor changes in Greek time deposit rates, higher movements in corporate loans
EconomyMacroeconomythe competitive yield of the 3- and 6-month T-Bills of 2.5 and 2.97 percent respectively. However, the Greek... by 3 bps to 1.12 percent in January. On the corporate loan front, two major movements were evident... more than 3 percentage points above the respective euro area average rate. In contrast, the rate
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Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain
EconomyProgrammemillion incorporated under ESA-2010, 298 million should be excluded under EAP 3) An amount of 193... figure for 2014 primary surplus under ESA-2010 includes this amount, which is then excluded under EAP. 3... target is to remain at 3 percent. In case target is lowered to 1.5 percent, as was initially indicated
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