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Budget primary surplus at 823 mln in February
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2020, compared to a surplus of 822 million noted in February 2019, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Monday.
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 899 million euros in January, down by 475 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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MoF to announce measures for safeguarding businesses impacted by COVID19
EconomyThe government is increasing its measures to limit the economic fallout from the impact of the coronavirus.
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 495 million euros in the first month of 2020, below target by 773 million euros, the Finance Ministry (MoF) final budget execution bulletin showed on Friday.
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingThe Greek government’s Hercules scheme for reducing bad loans on the books of the country’s four systemic banks received its first application on Tuesday from Eurobank.
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Ministry urges borrowers to apply for home protection before scheme expires
EconomyBankingIn an effort led by Finance Minister Christos Staikouras, the government is intensifying efforts to have as many borrowers covered before the current primary residence protection scheme expires on April 30.
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Central government debt increases by 2.16 bln to 356.01 bln in Q4
EconomyMacroeconomyGreece’s central government debt increased by 2.16 billion euros to 356.01 billion euros quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2019, from 353.85 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday.
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Budget primary balance at 498 mln in Jan as net revenues fall short of target
EconomyMacroeconomyThe budget primary balance came to a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed this week.
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 9.45 billion euros across 2019, up by 3.73 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget primary surplus confirmed at 5.02 bln in Dec
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.02 billion euros across the twelve months of 2019, compared to a surplus of 91 million noted in December 2018, the final Finance Ministry (MoF) budget execution bulletin showed on Monday.