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Newsletter 273 -13/11/2020
on the availability of beds. On Sunday, it said there are a total of 1,063 ICU beds across the country, of which 734 were occupied, leaving just 31 pct of all ICU beds are free. However, only 420 of these total beds..., around half of the total applications. As of the scheme’s activation, such borrowers will only have
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Unpaid social security contributions almost reach 15 bln
Macroeconomyowing less than 15,000 euros each for an aggregate amount close to 1 billion (6.7 percent of total... percent of total). Meanwhile, 995 debtors (0.4 percent of total) owe more than 1 million each for a total... (ETAA). From the total overdue amount provided by KEAO, 11.04 billion euros or 74 percent of the total
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomyof the total). Bonds edged up by 1 million month-on-month and stood at 55.60 billion, representing 15.6... was noted in extrabudgetary funds with an annual fall of 1.08 billion euros, bringing the total figure... was also noted in local governments, where the total fell by 599 million euros YoY and came to 91
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General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
EconomyMacroeconomy. In other underlying categories, a rise of 1 billion euros was seen T-bills bringing the total to 11.61... euros, bringing the total figure to a deficit of 603 million euros. The equivalent figure... where the total rose by 98 million euros YoY and came to 755 million euros against 657 million euros
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economytargets. In specific, a primary deficit of zero to 1 percent is now projected for 2015, a primary balance of 1 to 0.5 percent in 2016 and a primary surplus of 2.25 to 2 percent in 2016. However... its GDP forecasts, which now point to a recession of 2 (in the baseline scenario) to 4 percent
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Newsletter 97 - 25/11/2016
and 2018. In specific, the primary surplus is estimated to reach 1.09 percent of GDP this year and 2... this year and 2 percent next year. limited and will thus constrain credit expansion and banks’ revenue... percent to reach 2.23 billion, while the travel surplus edged up 1 percent to 2.04 billion. The rise
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Where is Odysseus? Part 4 - Unemployment and Employment
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated the demographic projections for Greece and found..., and the natural rate will be somewhat lower.[2] Similarly, the ability to tailor the work week or working... previous averages. How does this look in Greece? Figure 1 above gives a view. The average
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Stock market slips 1.4 pct dragged by huge bank losses
Economyof the first set of milestones and the European Stability Mechanism (ESM) disbursed the sub-tranche of 2...-tranche of 1 billion. The General Index of the Athens Stock Exchange landed at 649.79 on Friday, which... until December 1 to facilitate the reverse split process, while the resulting shares will resume
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBanking, collections and liquidations (4.4 billion) and selected sales (2 billion). P&L NII remained almost... by the impact of asset deleveraging. Fees increased by almost 2 percent QoQ to 82 million, while the top-line benefitted from other income of 37 million in Q2 from -2 million in Q1, largely due
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Greece and lenders fail to bridge their differences in Brussels
PoliticsGreek Politicsdemanding a primary surplus of 1 percent for 2015 and 2 percent for 2016. On the pension front... Commission sources suggested to the media that the two sides still have differences over 2 billion euros... (roughly 1 percent of GDP) to pensions and another 1.8 billion euros per year to be raised from increases
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