Budget surplus beats July target on lower investment spending as tax refunds fall short
Unpaid contributions rise to 33.86 bln as more legacy debtors added
Growth conditions improving but more work needed over longer term, PBO suggests
Building permits up by 4.4 pct in May and 5.3 pct in first five months
Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
CPI up by 0.9 pct in July to mark fourth consecutive rise
Lower yields for short- and long-term borrowing boost Athens
There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May 9 via 13- and 26-week notes respectively.
At the start of the month, it auctioned a 26-week T-bill for 875 million euros. It received total bids of 2.49 billion euros, including 392 million of non-competitive bids, taking the coverage ratio to 2.84. The total amount accepted was 1.14 billion eu...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.