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Budget primary balance confirmed at 729 mln in January
EconomyMacroeconomymillion euros to stand at 65 million euros. Revenues from sales of goods and services were off target... that the Council of State had deemed unconstitutional. This one-off expenditure was supposed to take
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Newsletter 202 -12/04/2019
that it will be given the green light to settle the loans due this year and next. “When you pay off the loans... is in line to tap the markets for this year so a new issue may round off the country’s borrowing activity... by 0.4 percent in March after rising by 0.2 percent in February. Additionally, the goods’ and services
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomyoff. Although the report acknowledged improved tax debt collections and better clearance... in this year, factoring in the one-off positive impact of debt measures agreed in April. The balance..., allowing Greece to increase its world market share for goods and services. Exports growth
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Newsletter 210 -07/06/2019
from the lenders regarding Greece’s public finances veering off track due to SYRIZA’s handouts..., pointing out that this would allow Greece to pay off its debt quicker. One of the potential dangers... a 0.5 percent rise in April. Additionally, the goods’ and services’ indices rose by 0.3 and 0.1 percent
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PM increases coronavirus support package to 10 bln, while sounding dire warning to public
PoliticsGreek Politicslaid off since the beginning of March. Opposition parties have also been sounding the alarm about... and all year-end exams to be called off. The teachers claim that while the Education Ministry has... that they could overwhelm local health services. The spending measures, which amount to almost a tripling
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Newsletter 244 -20/03/2020
Govt reels off new interventions PM says up to 9.8 bln to be spent on economy after Eurogroup, ECB... for a one-off, emergency scheme rather than a regular ECB QE programme. Also, the fact that New... delivery and takeaway services. Retail businesses offering online sales will also remain operational
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economyfend off pressures on asset quality in the near-term. Liquidity pressures were also lifted... is confirmation of the new reality for Greece, which has thrown it completely off course that was set... on the services balance due to tourism will widen the current account deficit. Travel receipts account for 22 pct
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Newsletter 260 -31/07/2020
stand-off over the past few days. Ankara’s moratorium on the hydrocarbon exploration is to last... in ensuring the stand-off from Ankara head-on. Escalating tensions have been brought under control when... month-on-month to stand at -13.3 points. The services index improved by 12.6 points month-on-month
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Newsletter 336 - 06/05/2022
and businesses from having their electricity cut off if they are unable to pay their bills because of the so... in April, having come off the high of 114.1 points in January this year. All sector sentiments dropped. The most prominent decline was in services, which lost 17.1 points month-on-month. PMI The Greek
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Newsletter 357 - 04/11/2022
this week fending off more unwanted attention regarding the surveillance scandal, a matter New Democracy... their electricity cut off due to unpaid bills, with Italy a close second. The loss of purchasing... contracts for courier services worth 50 million euros without contest to a technology company called ONEX
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