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Athens hopes lower bond yields strengthen case for reducing fiscal targets
EconomyProgrammeof the official sector debt from the eurozone are around 1 percent. This has allowed interest payments to average... of a risk-free rate below 1 percent and 380 basis points (bps) risk premium for Greece. Over time
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CPI remains static in July
EconomyMacroeconomy. The core index edged up by 1 percent in July, following a 0.3 percent rise in June. Additionally, the goods’ index fell by 0.7 while the services index increased by 1 percent. The harmonised index
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Central government debt down to 356.55 bln in Q2, average maturity tops 20 yrs
EconomyMacroeconomyshowed that long-term (over 5 years) debt made up 76.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 13.4 and 10 percent of the total figure
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General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomyalso rose by 195 million euros to 20.62 billion euros, a rise of 1 percent YoY. In the category... to stand at 1.91 billion euros, representing under 1 percent of the total. Guarantees The stock of gg
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Capital controls to be abolished ahead of schedule
EconomyBankingChristos Staikouras said that all restrictions currently in place would be lifted on Sunday, September 1... per customer every two months, effective from July 1, 2018. Most significantly, businesses were
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingfor Eurosystem funding is made up fully of European Central Bank funding. As of Q2, ECB funding rose by 1... percent compared to 104 percent in Q1 2019. Capital The Common Equity Tier 1 (CET1) ratio stood
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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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