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GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
EconomyMacroeconomyof GDP, making up around 95 percent of the total figure in Q4, with private consumption representing... in Q4 rose by 1 percent QoQ and by 1.6 percent YoY. Exports The breakdown in exports of goods..., imports of goods fell by 2 percent in Q4 2020, while services imports dropped by 30.9 percent YoY
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Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
EconomyBankingsecuritisation, to bring the total stock down to 5.7 billion euros. That left Eurobank with a NPE ratio... percent QoQ and stood at 329.3 million euros. On an annual basis, NII fell by 2 percent and came... The phased-in Common Equity Tier 1 (CET1) ratio came to 13.9 percent from 13.2 percent Q3, and from
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Newsletter 295 - 07/05/2021
dose. Just over 1 million Greeks (9.7%) had received both jabs. Speaking during an online conference... euros. The Finance Ministry has hinted that the total debt strategy this year could exceed the 12... the autumn. 2 Economic expectations subdued for 2021 But Finance Ministry has high hopes for 2022 onwards
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Who lied about Covid-19 in Serbia, and how?
Agorato these, Serbian officials had many more statements (1, 2, 3, 4, 5, 6, 7) with disinformation... for the new corona virus per million of inhabitants. The truth was that a total of thirty one
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Rival economic plans leave voters unimpressed amid uncertainty over new Covid surge
PoliticsGreek Politicsthey were not concerned about Covid. Only 2 pct of all respondents said they had booked a vaccination... coverage levels. According to ECDC data, just under 59 pct of the total population has received... to suspend classroom teaching in two classes which hit the 50 pct +1 threshold of infections among pupils
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Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
EconomyMacroeconomy. In total, Greece issued 15.9 billion euros of new bonds, starting in January with a 1.4 billion euros... and 1 billion euros and yields of 0.02 pct and 1.675 pct respectively. The draft budget also notes... a primary deficit of roughly 2 billion euros and the interest payments are seen between 5.5 and 6.2
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Newsletter 312 - 15/10/2021
into a surplus of just 0.2 pct in 2023, rising to 1 and 1.5 pct in 2025 and 2026. This contrasts with the view of the Greek Finance Ministry, which expects a primary surplus of 2 pct of GDP in 2024 and 3.7.... Total permits in the aggregate period stood at 13,881. The latest business sentiment indicators
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingof the transaction is seen at 1 percentage point as of June 2021 total capital ratio, from...Piraeus Bank announced on Monday that it entered into definitive agreement with Intrum and Serengeti Asset Management for the sale of 49 pct of the mezzanine and 2 pct of the junior notes
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Govt moving ahead with social security fund overhaul despite opposition
PoliticsGreek Politicsby thousands of pension applications that have yet to be processed and some 2 billion euros in additional..., unpaid legacy contributions also hang over the fund, which is owed a total of 41 billion euros... property portfolio, which reportedly contains assets worth more than 1 billion euros. SYRIZA’s reaction
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Newsletter 329 - 25/02/2022
that there are around 1 million vulnerable households, which would be the beneficiaries of any handout... to subsidise energy bills has already reached 2 billion euros. The situation in Ukraine has created.... The total goods deficit in 2021 came to 25.62 billion euros, from 18.53 billion euros in 2020. The aggregate
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