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  1. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    . The equivalent figure for the same time last year was 182 million. A smaller fall of 2 million euros..., the state budget primary balance showed a fall of 486 million euros, landing at 494 million euros... million) and state budget (-5 million). Tax refunds account for the lion’s share of​ arrears at 30.1

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  2. Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
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    Economy

    to borrow up to 2 percent of their GDP from the fund. In Greece’s case, this translates into 4 billion... and revenue impact on the Greek budget from the coronavirus. There is also the question of whether... of this budget has to come with some form of conditions. — Wopke Hoekstra (@WBHoekstra) April 8, 2020

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  3. Greece heads back to markets with 7-year bond in bid to boost own funds
    Photo by MacroPolis

    Economy

    for a 7-year issue hoping to attract around 2 billion euros. The debt strategy for this year... is to secure the necessary resources to plug the budget gaps being formed by the extensive set... intakes. Greece hopes to base its budget-funding strategy on three pillars. The first is to evaluate

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  4. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    of the year. This is its base case scenario, which is also reflected in the draft budget for next... Budget Office, see the disappointing tourism season being a major drag that could push third quarter GDP..., and aim towards a 2 pct of GDP primary deficit, instead of a balanced like the authorities aim.

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  5. Latest market foray for 15-yr bond attracts strong investor interest with record low yield

    EconomyBanking

    , Greece drew another 2 billion euros, with a re-offer yield of 1.15 pct, implying a price of 109.46.... budget that was tabled to Parliament earlier in the month, the PDMA gave some guidance of its debt..., with more details forthcoming in the final budget next month.

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  6. Newsletter 284 - 12/02/2021

    Newsletters

    measures for the whole year would amount to 7.5 billion euros, its budget plans for 2021 have already... billion euros, or more. This will lead the ministry to have to submit a revised 2021 budget... of this month, according to Ta Nea. 2 EC sees big drop for economy in 2020 Expects milder recovery of 3.5 pct

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  7. General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
    Photo by MacroPolis

    EconomyMacroeconomy

    , the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million euros. The state budget primary balance for the same time last year came to a surplus of 495 million... gross debt rose by 2 billion euros month-on-month to 376 billion euros. The movement largely stemmed

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  8. General govt primary cash deficit at 1.99 bln in February; arrears jump
    Photo by MacroPolis

    EconomyMacroeconomy

    euros YoY. Overall, the state budget primary balance showed a fall of 2.45 billion euros, landing at a deficit of 1.62 billion euros. The state budget primary balance for the same time last year came... of the year revenue fell by 2 percent YoY to 12.3 billion euros. In absolute terms, the greatest

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  9. Newsletter 310 - 01/10/2021

    Newsletters

    in Article 2 of the accord, which includes a mutual defence clause that does not exclude attacks... to be addressed with urgency and has already increased the budget for the subsidy of electricity... in February this year when it grew by 3.7 pct. Retail The latest household budget survey by ELSTAT

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  10. Mitsotakis rules out another lockdown, dismisses criticism of new Covid measures

    PoliticsGreek Politics

    of emergency healthcare and economic support measures on the budget, combined with the rising demand... is currently finalising the 2022 budget, while trying to demonstrate fiscal responsibility, in light... confirmed that a double rise in the minimum wage is on the table for 2022. In addition, the planned 2 pct

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