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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeof 2016. Greece’s quota with the Fund is just above 3 billion euros. As of the end of June its..., from a combination of programme financing, 3 successful bond issues this year in the volume of 7.5
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ND promotes positive narrative abroad, away from inquiry clash at home
PoliticsGreek Politicsto the full lifting of capital controls and the official request to make a pre-payment of almost 3 billion... than the expected 1.9 percent this year and could even reach up to 3 percent in 2020. He also
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeis the growth projection for next year, that the Greek side would like to boost up to 3 percent, thanks... the country’s request to pre-pay the expensive part of the IMF loans, close to 3 billion euros
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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomyfell by 3 percentage points (pps) year-on-year and came to 21 percent. This figure has been.... This was followed by those aged 35-44, where unemployment fell by 3 pps. The employment rate for this age
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomy, growing by 3 percent year-on-year. In the forecast horizon, growth is seen slowing down... and 1.4 percent in 2020. The current account deficit will stay broadly stable at 3 percent this year
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Newsletter 224 -18/10/2019
significantly accelerating in the last quarter of 2019, growing by 3 percent year-on-year..., which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesof 2020, only a transfer tax of 3 percent will apply to transactions involving these properties...) and Egypt (3 percent). Domestic market One of the main drivers behind the government’s attempts
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Loan interest drops to 4.59 pct in September
EconomyMacroeconomyaverage interest rate on all existing loans stood at 4.06 percent, down by 3 bps. The spread between... The overall weighted average interest rate on new deposits dropped by 3 bps to 0.23 percent. The average
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Newsletter 226 -01/11/2019
and January 2021 and will improve the country’s debt profile, reducing the debt-to-GDP ratio by 3.... The corporate lending balance's net monthly flow stayed negative with slight outflows of 3 million euros
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeprogramme from 3 months Euribor rates to fixed rates of 94 basis points. This involves more than 52.... This leads to a nominal GDP level that is 3 percent lower in 2028 than it was anticipated in March
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