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Draghi sets out QE obstacles facing Greece

Tue, 10 Jul 2018 09:16:00 GMT

European Central Bank president Mario Draghi confirmed on Monday that Greece has little chance..., Draghi re-emphasised that Greek bonds could only be part of QE if they continue to have a waiver... enhanced surveillance doesn’t warrant a waiver,” said Draghi, indicating that once Greece completes its

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

Newsletter 121 - 02/06/2017

Fri, 02 Jun 2017 12:17:00 GMT

effect. Speaking to MEPs in Brussels on Tuesday, ECB president Mario Draghi said the he “regretted...,” he said. “That’s the only thing that is needed at this point in time.” Draghi warned that “QE... International Airport SA offer to extend 20-year concession Greece’s economic sentiment (ESI) fell

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

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

Athens looks to Draghi for positive signals on debt relief

Fri, 21 Oct 2016 07:24:00 GMT

It was mentioned almost as an afterthought. Mario Draghi, the European Central Bank President... purchasing bonds. Thank you.” The timing of Draghi’s remarks could not have been more critical... willingness to tackle a couple of reforms.” Athens would rather focus on comments like Draghi’s than

Budget primary shows deficit of 7.01 bln as revenues suffer in September

Thu, 15 Oct 2020 10:19:00 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 preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its

Newsletter 271 -30/10/2020

Fri, 30 Oct 2020 07:46:00 GMT

at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus... Consumer confidence drops for fourth consecutive month Compared to October 2019, the ESI has

ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts

Thu, 29 Nov 2018 12:08:00 GMT

Greece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday. Sentiment has stayed above the 100-point mark... a score of 96.8 was noted for November. Compared to November 2017, the ESI has risen by 3.2 points

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, European Commission (EC) figures showed on Thursday. As of August’s reading, the index has remained above..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer