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Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background
PoliticsForeign Policyto cooperate with Trump and the mediators for a peace that aligns with international law. We recognise
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Athens balances EU line and opts for observer role in Trump’s Board of Peace
PoliticsForeign Policyis a new element but aligns with the government’s wish for Greece to take a more active role in crisis
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Athens anxious about managing alliances and fallout from Iran bombing
PoliticsGreek Politicsfor effective control of Iran’s nuclear and ballistic programme — a position that aligns closely
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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Political tremors shake Spain, overshadow economic progress
Agoraministers have trumpeted, plunging borrowing costs as a glaring symptom of recovery, foreign funds have
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Greek building activity drops by another 8 pct in July
EconomyMacroeconomyby the crisis with building permits plunging 75 percent to 16,400 in 2013 from 65,500 in 2008. The nosedive
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