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Newsletter 271 -30/10/2020

Fri, 30 Oct 2020 07:46:00 GMT

general lockdown, warning that “the consequences for our economy will be tragic”. Despite.... The research, which covered the Greek economy as a whole, found that in the second quarter of 2020, a period... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary

Budget primary shows deficit of 7.01 bln in September

Mon, 26 Oct 2020 11:18:00 GMT

The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million

Are Chinese investments starting to hit a wall in Germany?

Fri, 01 Mar 2019 07:57:00 GMT

in Germany and on the continent.[ix] Finally, German Economy Minister Peter Altmaier unveiled... to allow privately-owned Huawei equipment to be used in its forthcoming mobile telephony 5G wireless... of Vodafone and Telefónica O2 operating in Germany have built the 4G network with Huawei infrastructure

Consumer confidence takes 10-point dive in September

Thu, 28 Sep 2023 12:03:00 GMT

Greece’s economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points..., dropping to 84.4. Over the rolling 12-month period, the ESI in September was 9 points up from the 99.2 points of October 2022. The EU average ESI stood at 92.8 points in September, down from the 93.2

Industrial turnover records five months of contraction after 6.2 pct drop in Aug

Fri, 20 Oct 2023 09:36:00 GMT

months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October last year, industry confidence has risen by 4 points. Overall, economic sentiment (ESI) recorded a drop of almost 3

Newsletter 501 - 03/04/2026

Fri, 03 Apr 2026 06:45:00 GMT

energy subsidies. The Greek economy is in a state of high alert. While fiscal buffers and structural... of the domestic market’s ability to maintain consumption levels under inflationary stress. The economy’s... pints, from -49.2 in February. All components fell with the sharpest noted in the services sentiment

Moody's ups GGB rating by two notches, on par with S&P and Fitch

Mon, 18 Sep 2023 07:30:00 GMT

Moody’s upped on Friday night Greece’s credit rating by two notches to ‘Ba1’ with a stable outlook, coming on par with the other two leading rating agencies that had Greece one notch below... and the agreed fiscal path, combined with reforms that will improve the functioning of the economy, like

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

Consumer confidence hits 19-year high, ESI highest since 2007

Thu, 29 Aug 2019 10:58:00 GMT

Greece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer.... Industry confidence declined by 1.1 points month-on-month to stand at 0.6 points. Year-on-year

General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln

Fri, 06 Nov 2020 11:23:00 GMT

Greece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came