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Greek banks' Eurosystem funding down for second month in a row in Feb

Greek banks’ Eurosystem funding eased for the second straight month by 2.85 billion in February, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure settled at 67.99 billion, below the 70-billion mark for the first time since March 2010.

Photo by MacroPolis Central government primary cash surplus at 1.7 bln to February

Greece’s central government net balance to February on a cash basis showed a surplus of 221 million from deficit of 1.4 billion last year, according to the Bank of Greece (BoG).

At the same time, the primary cash balance turned also positive posting a surplus of 1.68 billion from deficit of 188 million last year.

Photo by Harry van Versendaal Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

Greek non-seasonally-adjusted GDP contracted 2.3 percent in the fourth quarter of 2013, which was 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent drop, according to provisional data published by the Hellenic Statistical Authority (ELSTAT) on Tuesday.

Photo by MacroPolis Primary surplus at 2.1 bln in Feb, ahead of budget execution target

Greece’s budget execution showed a primary surplus of 2.1 billion euros to February, more than five times higher than the 487 million posted in the corresponding period last year, according to the preliminary data released by the Ministry of Finance (MoF) on Tuesday.

Results 1711 to 1720 out of 1802.