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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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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politics. In recent comments clarifying his description of the preparation of so-called Plan X in his book, Galbraith... was involved in a strategy that sought to push Greece towards a euro exit, said that Plan X
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Are Chinese investments starting to hit a wall in Germany?
Agora.[x] The rapid growth of Chinese outbound investment in recent years has raised awareness in host... Volkswirtschaft um? Berlin, January 2019. [x] See: Bershidsky, Leonid: “Germany Enters the Global
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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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Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
EconomyMacroeconomyexpenditure came to 33.89 billion euros, below target by 717 million. Net revenues came to 40.75 billion... figure showed that primary expenditure came to 33.89 billion, below target by 717 million euros
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new
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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 2.18 billion euros was 1.5 billion lower than
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