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Opposition tries to pin government down over last year's Plan X
PoliticsGreek Politicswith the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... an institutional role. The government’s assertion that Plan X does not hide any dark plans
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Reflections on Greece's balance of payments
Agora: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoraof the agreements between Hungary, Serbia and China along the Budapest – Belgrade Corridor X initiative. When... to be completed by end-2017. They form part of a larger programme to build a European corridor 8, East-West... strategy, rather than just a soft power initiative”. [8] A grand design such as the BRI requires laying
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 8 million euros from continued operations... (PPI) fell by 9 percent quarter-on-quarter (QoQ) to 88 million. Core PPI came to 306 million euros... fell by 21 percent to 838 million euros. The change was attributed to the IFRS 9 FTA impact
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Newsletter 22 - 03/04/2015
Focus on meeting obligations Most critical dates for debt repayments this month fall on April 8–9... in a T-Bill rollover related to foreign investor take up and 450 million in IMF payments on April 8 and 9..., of which 450 million involves an IMF payment on April 9 and the rest interest payments. On top
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Another strong rise of 8 pct for industrial production in Nov, led by manufacturing
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) recorded a notable rise of 8 percent year-on-year (YoY) in November, slowing down from the jump of 16.5 percent in October, according to Hellenic... increase in electricity supply, followed by a 9 percent in manufacturing and 3.9 percent in mining
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
EconomyBankinginterest income (ΝΙΙ) decreased 9 percent YoY to 1.08 billion. Net fee income increased by 8 percent
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General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
EconomyMacroeconomyarrears) rose by 9 million and came to 2.62 billion euros after a drop of 416 million in the previous... make up 21.5 percent of the total guarantees, fell by 8 million during the month. Bank support
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyby -8 pct, Germany by -7 pct and France by -7.2 pct. Recession in the UK will be -6.5 pct and the USA.... The crisis is set to deal a major blow to the budget, leading a deficit of -9 pct of GDP this year
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Building permits grow by 9 pct in Nov, up 3.9 pct over 11M
EconomyMacroeconomyBuilding permits stayed on a growth trend in November thanks to a rise of 9 percent year-on-year (YoY), after an increase of 8.2 percent in October, according to the latest data released... recovery, turning positive to 7.7 points, from -24.2 point in January. Now the index is up by over 8
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