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Newsletter 108 - 24/02/2017
and secondary income balances Aggregate yearly figures show the C/A balance turned to a deficit of 1.1.../A balance turned to a deficit of 1.1 billion in 2016 from a surplus of 205.8 million in 2015. This mainly... billion on the back of the European Stability Mechanism disbursement, mitigated by payments of around 200
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Newsletter 139 -10/11/2017
this month. The government is hoping to share out at least 1.1 billion euros from this year’s fiscal... reaching up to 200 meters tall. The European Commission’s Autumn forecast showed a positive sentiment... and exports grew by 1.7 and 1.1 percent, respectively. As a result, the trade deficit excluding these two
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The race to reduce Greece's bad loans
EconomyBankingon target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate... stock at 17.8 billion, below the bank’s target of 18.1 billion. NPL stock edged down by 200 million
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Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
EconomyMacroeconomyto around 200 arrivals. In total, arrivals from the EU 27 countries fell by 68.4 percent YoY to 1.3 million . Those from euro-denominated areas fell by 53 percent to 1.1 million. The sharp drop in travel... from non-euro countries within the EU 27 fell by 78 percent to 1.1 million. Arrivals from outside
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomy, at 1.1 pct of GDP. Both figures are above the MTFS estimates by roughly one billion euros, where..., or 0.9 pct of GDP, higher from the MTFS estimate by roughly 1.1 billion euros. The ministry has also... the all-time high of 205.6 pct of GDP seen last year, dropping to under 200 pct this year and sliding
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
EconomyFollowing the release of the World Economic Outlook (WEO) report with its latest macro forecasts on Greece, the IMF published on Wednesday its updated fiscal estimates in the October Fiscal Monitor (FM) report. As with the WEO, IMF forecasts are based o...
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
EconomyIn its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday and the imposition of capital controls in late June. Greek ...
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Seasonal rise in Dec pushes deposits above 200 bln mark for first time since 2011
EconomyMacroeconomyThe private sector deposits in the Greek banking system ended the year strongly in December with a net increase of 5.65 billion euros, after a 2.27-billion-euro rise in November, according to the latest Bank of Greece (BoG) figures released on Wednesday...
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Despite small drop in July, deposits stay above 200 bln mark
EconomyMacroeconomyThe Greek banking system’s private sector deposits dropped in July, with a net decrease of 1.15 billion euros, after a jump of 5.1 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in Jul...
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation
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