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Greek Parliament's budget office questions primary surplus sustainability
EconomyMacroeconomy. Although the PBO thinks the recent 5-year bond issue (the first in the last 4 years) was a success... and human resources, 3) alternative energy sources, 4) hydrocarbons, 5) maritime, 6) organic crops
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Fitch upgrades Greek credit rating to B with stable outlook
EconomyMacroeconomysovereign rating upgrade in 2014 and comes after Moody’s postponed a rating action on April 4. S&P affirmed.... Moody’s rating stands 3 notches lower than that of S&P and 4 notches below Fitch. Fitch notes
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politicslicensing and spatial planning laws 3) update the list of nuisance charges 4) adoption of the code... of forestry law 3) adoption of administrative burden legislation 4) abolition of all charges
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomy-terms bonds by 8.2 billion counterbalanced by a net increase of 4 and 4.3 billion in short- and long... March and then reached 1.1 billion at the end of April and 4 billion at the end of May, is most
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Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP
Economy-terms bonds by 8.2 billion euros, which is counterbalanced by a net increase of 4 and 4.3 billion...-term loans, which was zero until March and then reached 4 billion at the end of May, is most likely
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Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomycountries posted a higher rise of 4 percent. Exports to the EU fell 6.1 percent, while exports to third...) said it expects exports to rise by 4 percent in 2014. Its estimates largely stem from the services
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Moody's upgrades Greek rating by two notches to Caa1 - here's why
Economy. Moody’s had postponed its previous rating action on Greece, which was due on April 4, but upgraded... percent in 2011. In addition, interest expense to GDP ratio stands at 4 percent in line
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A snapshot of Greek banks' ABS as ECB readies for next move
EconomyThe European Central Bank (ECB) announced on September 4 that it will proceed with a large-scale purchase of asset-backed securities (ABS) as well as euro-denominated covered bonds issued by eurozone... just shy of 4 billion. On top of this, under a best-case scenario of potential criteria relaxation
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Venizelos under further pressure as PASOK grows ever more anxious
PoliticsGreek Politicspolls. A GPO survey made public on Monday night showed PASOK on just 4 percent, suggesting... for Mega TV: SYRIZA 26.7%, ND 20.2, Potami 6, G Dawn 5.7, KKE 5.7, PASOK 4, Ind Greeks 3, LAOS 2.1
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SYRIZA builds clear but not conclusive lead in polls as PASOK and GD fade
PoliticsGreek PoliticsUniversity poll for @kathimerini_gr: SYRIZA 27.5, ND 20, Potami 7.5, G Dawn 6.5, KKE 5.5, PASOK 4, Ind... and PASOK polling 4 percent or less in two of the three. While PASOK’s decline has been evident
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