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Institutions back in Athens to resume review, agree new measures
EconomyProgrammethe February 20 Eurogroup, when it was decided that the four institutions and the Greek authorities had...), energy (noon), overview (7 pm) and fiscal (8.30 pm), according to Finance Ministry sources. Following... of 24 percent by 1 percentage point. On the issue of the new privatisation and investment fund (HCAP
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme36 billion. These additional funding needs stem from: 1) Lower fiscal targets (additional needs... targets for the next years: at 1 percent of GDP for 2015 (from 3 percent), 2 percent in 2016 (from 4.5... of Greece fell to less than 1 billion at the end of May against a target of 5 billion in 2015 and 8
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammegovernment had voted on July 15 a series of pension reforms, which mainly included: 1) An increase... contributions (zero-deficit clause) from January 1, 2015. A ministerial decision for the integration of 11 supplementary funds into ETEA was signed on August 25 and become effective as of September 1
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Deposits rise to 124.6 bln in Oct on inflows of 1 bln
EconomyMacroeconomy-financial corporations recorded marginal outflows of 20 million. Following the evolution in October
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Unemployment at 18.9 pct in August, unemployed remain under 1 mln
EconomyMacroeconomypercent. August’s figure marks the fifth consecutive month that unemployment has remained under 20
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Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
EconomyMacroeconomylow of 400-500 million recorded in April and May. The first-half target of legacy debt payments of 1... at 994 million. The MoF aims to collect an additional 1 billion euros in the second half of 2014, which
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Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday... from 43.85 billion in October. This reflects a 1 billion rise in main refinancing operations, while
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CPI tumbles by 1 pct in July
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1 percent in July after a 0.7 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday... and services posted a change less than 1 percent from the previous month’s level. Greece remains
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomyGreece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The year on year improvement by around..., while exports fell by around 1 billion to 11.6 billion. As a result, the goods’ deficit fell
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CPI falls at slightly higher pace of 1 pct in September
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) dropped at a slightly accelerating pace by 1 percent in September after falling by 0.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed... other main groups and services posted a change less than 1 percent MoM. Since May 2013, when CPI
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