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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter, falling by 1.4 billion euros QoQ. This was driven by sales of NPE portfolios totalling 1.... The negative formation in Q2 came to 1.36 billion euros, which includes 1 billion euros from the ‘Mirror
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammegrowth below 1 percent, the Fund estimates that will take 15 years for per capita income to return... and spending measures announced by the government. The shortfall is reportedly seen at around 1 billion
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Newsletter 223 -11/10/2019
, PDMA underlines. Following an initial guidance of 1.55 percent and a minimum tap of 1 billion euros... in September, staying unchanged from August. Additionally, the goods’ index fell by 1 percent while
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomy, which was scheduled to bring 1 percent of GDP in added revenues next year, and the new... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year
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Greece worst in EU for gender equality as power resides overwhelmingly with men
Societythey are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total
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Newsletter 224 -18/10/2019
fiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicstheir support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA... taxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed
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Xi's visit carries promise of closer Sino-Greek political, economic ties
PoliticsGreek Politicsand Central and Eastern European countries, known as the “17+1” (17 CCE countries plus China). The next leaders’ meeting for the “17+1” is in April and Mitsotakis is expected to attend the gathering
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Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
EconomyMacroeconomy-term (over 5 years) debt made up 77.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.1 and 10.3 percent of the total figure, respectively
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammepercent, from 1 percent in March 2019, with short term growth seen 2.1 percent on average in 2019-2020... balance is expected to be 1 percent of GDP lower in 2019-2025 in the IMF’s view, reflecting the Fund’s
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