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Newsletter 275 -27/11/2020
. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
EconomyThe European Central Bank (ECB) President Mario Draghi confirmed in a press conference on Thursday...”, Draghi said the ECB decided that countries such as Greece and Cyprus with a credit rating below... be able to participate in ECB purchases at beginning of 2015 if the early exit takes place. Draghi said
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What higher ECB haircuts on collateral could mean for Greek banks' liquidity
Economyconference, ECB President Mario Draghi emphasised that the governing council may have to review.... Draghi stressed that the higher Greek government bond (GGB) yields and volatility warrant a review... the ELA mechanism is more than 30 billion. Draghi repeated on Friday that ELA is available for Greek
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Greece expects no surprises from ECB despite questioning chances of deal
PoliticsGreek PoliticsDraghi with the impression that there will be no negative impact from today’s governing council..., upbeat comment. “Today’s meeting with the ECB president Mario Draghi was a constructive one,” he..., moments before Dragasakis was due to meet Draghi. After all, the deputy prime minister’s main goal
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SYRIZA prepares to debate deal as Tsipras's options narrow
PoliticsGreek Politics, where European Central Bank president Mario Draghi who said that there has to be a credible... time that Draghi has indicated he would like to see a disbursement before the ECB takes any decisions. Draghi also repeated several times the need for a “strong programme,” both in design
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Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankingtalks with outgoing European Central Bank president Mario Draghi in Athens. Draghi was in the Greek... facing local banks. Nevertheless, financial news website Capital.gr claimed that Draghi gave the thumbs
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Greece near top of EU charts for proportion of population over 65 and 80
Society) and Hungary (17.3 point difference) were over 65s less likely than the rest of the population... point gap in this regard, behind Hungary (11.7 percentage point difference) and Luxembourg (11.1... in this indicator was the second lowest, after Hungary (12 point difference), but above Cyprus (8.2), the UK
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