Search
-
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... trading on December 2. For the same reason, NBG stock will cease trading from December 30 until December 2 and the new shares will trade again as of December 3. NBG will run a Greek public offer for up
7% -
Newsletter 106 - 10/02/2017
for beyond 2018. Reports on Thursday suggested that the lenders will ask for 2 percent of GDP, roughly... envisaging the 2016 primary surplus close to 2 percent of GDP, well above the programme target of 0.5... and ANFA profits and locking in the loan interest rates below 1.5 percent. 2 Unemployment remains stable
7% -
Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyrelief in the form of smoothing interest payment for EFSF loans coupled with a primary surplus of 2... primary surplus of 2 percent after 2018, extension of all eurozone loan maturities by 20 years... surplus of 3.5 percent of GDP until 2027 and gradual decline to 2 percent of GDP until 2037. The second
7% -
GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomypercent year-on-year (YoY) after upwards revised growth of 2 percent in Q4. The GDP movement in Q1... upwards revised growth of 2 percent in Q4. The headline GDP growth on an annual basis is the highest...) revised Greece’s growth from 2.6 percent in 2018 to 2 percent. The forecast for 2019 was also
7% -
GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyjust short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019...’s GDP was expected to grow by 2 percent in 2019 and by 2.8 percent in 2020. The IMF meanwhile anticipated growth of 1.8 percent in 2019, followed by 2.3 percent in 2020 and 2 percent in 2021
7% -
General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomy(including tax refund arrears) fell by 2 million compared to March and came to 2.40 billion. Month... (-3 million each). Extrabudgetary funds fell by 2 million euros, while rises were noted in tax refunds (+16 million) and SSfs (+2 million). Since the start of the year, total arrears have fallen
7% -
Does the EU Commission suffer from optimism bias? (Part 1)
Agoraand why these differences are important for policy interpretation. In part 2 of this blog, we will call.... Real GDP is the product of labor input and average labor productivity (Q = L *(Q/L)). Figure 2 shows..., and a bigger labor force, hence delivering higher employment throughout the future years (Figure 2
7% -
General government bottom line continues to improve with moderate decrease in arrears
EconomyMacroeconomy. The government is expected to repay arrears of 7 billion by the end of the year, 1 billion lower than the initial... noting that on Monday (October 7) the MoF will table to Parliament the 2014 draft budget. A bulletin
7% -
Final act in ERT closure carries significant risk for coalition
PoliticsGreek Politics. #ERT http://t.co/QHoSB72hbX — Thalion (@Thalion_1) November 7, 2013 Government communications... Safioleas (@stratosathens) November 7, 2013 Nevertheless, the government has banked on the fact
7% -
October revenues reverse earlier shortfall, annual primary surplus in sight
Economy. According to the 2014 draft budget tabled in Parliament on October 7 [Link to 2014 draft budget post on Oct 7], Greece estimates a small gg primary surplus of 344 million (0.2 percent of GDP) in 2013, which
7%