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Newsletter 227 -08/11/2019
of the transfers will lead to the total number of refugees exceeding 1 percent of the local population in any... billion to 4.56 billion euros from 3.22 billion a year ago. Expenditure rose by 1.64 billion euros (+3
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BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBankingbillion euros, at just short of 44 percent of loans outstanding is miles away from the EU average of 3..., the capital adequacy of Greek banks stood at 15.6 percent in Common Equity Tier 1 (CET1), however
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Promises and challenges of Greece's "green new deal"
EconomyFeaturesup its renewable generation, starting with 1 GW of wind and solar power by 2024, with the aim of increasing its share of the renewable electricity market from the current 3 percent to over 10 percent
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policyembraced the project and is a member of the so-called "3+1" alliance with Greece, Cyprus and Israel
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Overall loan interest rate edges up to 4.34 pct in Nov
EconomyMacroeconomyinterest rate on new deposits dropped by 1 bps to 0.19 percent, almost unchanged month-on-month... decreased by 3 bps to 0.36 percent.
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Where is the EastMed pipeline heading?
Agorathrough the so-called 3+1 process. The signing ceremony sparked some over-the-top reactions in Greece
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General govt primary cash surplus at 8.84 bln in November, arrears fall by 195 mln
EconomyMacroeconomy(-5 million) and local governments (-1 million). Since the start of the year, total arrears have... million to 13.62 billion (3.9 percent of the total). Bonds edged up by 3 million compared to October
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Newsletter 234 -10/01/2020
points. The overall weighted average interest rate on new deposits dropped by 1 bps to 0.19 percent... with an agreed maturity of up to one year decreased by 3 bps to 0.36 percent. 2 Unemployment at 16.6 pct
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politicsaround 3 bln euros of bad loans) and the updating of the bankruptcy law will also be discussed. The new.... The government has set a goal of 2 percent, but could be content with a 1 percentage point reduction
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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingis seen doubling from 0.5 percent in 2019 and this year, to 1 percent by 2022. Home price growth... growth is seen stable over the period, ranging between 3 percent this year, to 2.8 percent in 2022
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