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Newsletter 426 - 07/06/2024
by a strong build up of inventories that pushed up capital formation. Quarter-on-quarter (QoQ), GDP... been growing QoQ for four straight quarters. Nominal growth was also strong YoY, rising by 5 pct... component due to the festive period. Exports also recorded a strong contraction compared to the same
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Mitsotakis seeks to end squabbling as ND heads to anniversary in pole position
PoliticsGreek Politics, wreaking havoc. However, ND continues to maintain a strong lead over a relatively weak opposition.... Following a number of cases involving attacks on young people by their peers, which gained strong... touches on the wider law and order issue, which had been one of the government’s strong cards, but has
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyagencies now having Greece in this category. Fitch notes Greece’s strong fiscal performance... debt decline among Fitch-rated investment-grade sovereigns. Greece also maintains strong cash... projects debt-to-GDP to fall to 120% by 2030. The government has demonstrated a strong commitment
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomycomponents. Fiscal performance remained exceptionally strong. Contrary to expectations of mild fiscal... strong foreign investor demand, and containing yield pressures. Greek banks and non-financial.... Greek banks remain financially robust, with strong profitability, high capital and liquidity ratios
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Debt relief or debt restructuring for Greece?
Agora) is without precedent in the history of a sovereign debt restructuring exercise.[1] Put otherwise, while... firmly put on the agenda the follow-up issue of restructuring migration, i.e. from private sector... in December 2012 only nine months after the debt restructuring still exist today? Put otherwise
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Refugee influx pushes Tsipras towards crisis nexus
Agoraof September to 7,000 a day in October. Understandably, this has put a huge strain on the Greek state’s... is appointed to the Asylum Service and First Reception service; put in place an effective return system... set up a service to manage these resources. If Tsipras cannot put his own house in order
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Coalition turns to growth plan for relief from negativity, poor poll numbers
PoliticsGreek Politicsplaying a key role in promoting the plan, which was put together by Economy Minister Dimitris.... The government’s growth strategy will be put to public consultation at these events. The 260-page scheme... poll published in Saturday’s Parapolitika newspaper put New Democracy almost 15 points ahead
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Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
Societydecisions went up notably in 2017 compared to 2016. This was put down to the necessary infrastructure...) of 2016, around which time the EU-Turkey deal was put in place, the fourth quarter (Q4) of 2017... to registered totalled 1,906 at the time of the report’s publication. The EU-Turkey deal was put in place
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New increase in flow of refugees to Greece causes unease
Societyprocess. Since the deal was put in place, less than 1,900 failed asylum seekers have been returned... was put in place. The report showed that 42,425 full registrations had taken place in Greece between.... The new spike in arrivals is bound to put increased pressure on a system already severely stretched
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammein 2017. Finally, Athens has put together data showing that cutting pensions now would also be damaging... their retirement pay, boosting consumption. Eurozone opposition Tsakalotos had the opportunity to put... this summer when its MPs on the Bundestag’s budget committee put on hold the approval of the final
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