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Newsletter 275 -27/11/2020
. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Clashes add to political tension over division, police violence
PoliticsGreek Politicsadvised them that the man who had been beaten was a member of a radical left group and had been... as police clashed with some protestors. One policeman was dragged off his motorcycle and beaten. Along
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Revenues beat target for third straight month, put primary surplus in sight
EconomyThe budget execution to September showed revenues beating monthly targets by 339 million euros for the third straight month in September with the year to date shortfall further narrowing to 710 million from its peak of 1.61 billion euros at the end of J...
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The demand for Greek debt relief: Is the cart being put before the horse?
AgoraThe focus of economic debates during this electoral campaign in Greece has tended to converge on one issue: Is the country’s accumulated public debt sustainable or does it need to be restructured for a second time after the PSI of 2012? Domestic and int...
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Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgrammeWith all indications suggesting that the Greek government and the institutions are close to reaching an agreement at technical level, there has been much speculation about how several issues that were proving contentious until recently have been, or wil...
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Review demands put spotlight on Greek banks
EconomyBankingGreek banks have been a topic of discussion over the last few days after eurozone official highlighted last week the need for the management of NPLs and amid pressure from the International Monetary Fund for new asset quality reviews (AQRs) to be carrie...
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