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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomy-term loans. The change in debt securities reflects the 5-year bond issue of 3 billion in April..., corresponding to more than two thirds of total debt, while long term bonds stood at 68.16 billion (21.2 percent of total) and T-Bills at 14.98 billion (4.7 percent). Guarantees In addition, the stock of gg
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Greek central government debt rises to 322.4 bln in Q2
Economyredemptions of 9.4 billion in May and the 5-year bond issue of 3 billion in April. The net rise in FSM loans... percent of total in Q2 from 66.1 percent in Q1. Long-term bonds amounted to 68.03 billion (21.1 percent of total from 23.2 percent) and T-Bills to 14.97 billion (4.6 percent). Following the last
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Greek funding needs add to pressure in talks between Athens and lenders
EconomyProgrammefor Athens. Starting from this month, Greece has to pay a total of 1.6 billion euros, which comprises 0.7..., obligations rise to 2.5 billion, mainly due to another payment to the IMF of 1.42 billion. Overall, total... of that, funding needs for the last four months of the year total 4.8 billion euros. The cumulative
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Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
EconomyMacroeconomynon-financial corporations recorded inflows of 259 million. Total withdrawals since December have...) were off shore and 40 percent were kept inside Greece. Total deposits - which also incorporate general... billion, the Greek banking system’s total withdrawals of 3.81 billion in March include general
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Income inequality in Greece has grown during crisis, OECD report shows
Society, the bottom 40 percent owned only 3 percent of total household wealth in the 18 OECD countries with comparable data. By contrast, the top 10 percent controlled half of all total household wealth..., accounting for 60 percent of the total. Moreover, 73.2 percent – the highest rate in the OECD 26
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Study shows deep impact of capital controls on retail sector
Economyand the remaining 24 percent used both methods. Last year, cash and credit card payments accounted for 80 and 3 percent of total respectively. This means that due to the imposition of capital controls there was a significant differentiation in customers’ behaviour, with cash payments (as a percentage of total
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Newsletter 42 - 11/09/2015
injected into the systemic banks, the resolution cost of non-core banks reached a total of 15..., of the total financial envelope of 50 billion that was earmarked for Greek bank recapitalisation... proceeded with capital increases of 8.3 billion in total, with the cancellation of HFSF pre-emption
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Greek bank recapitalisation: The story so far and what lies ahead
Economyinto the systemic banks, the resolution cost of non-core banks reached a total of 15 billion, with the bulk related to ATEbank (7.5 billion) and TT Hellenic Postbank (4.2 billion). Thus, of the total financial... with capital increases of 8.3 billion in total, with the cancellation of HFSF pre-emption rights fully
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Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
EconomyMacroeconomyperiod that started last December shows total outflows reached almost 44 billion corresponding... recorded in January (12.79 billion), February (7.63 billion) and June (7.58 billion). Total deposits... Governing Council decided to lower the ELA ceiling for Greek banks three times by a total of 2.1 billion
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ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
EconomyMacroeconomytoday’s ECB decision, the ELA ceiling has been cut by a total of 13.1 billion euros since mid-August... banks raised a total of 8.3 billion euros from private investors, of which 5.3 billion stemmed from... with full voting rights. The total proceeds from the capital increases also improved accordingly
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