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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomy3.49 billion, up by 502 million from last year. The reported primary balance for July displayed.... It represents a drop by 950 million from the July 2015 figure. In addition, the reported net balance... at 4.33 billion down by 7.6 percent. The Public Investment Budget (PIB) balance posted a deficit of 378
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomythan doubled due to imports shooting up by 577 million (+20.1 percent) and exports falling by almost... rebounded 2.8 percent at constant prices. The decrease in the services balance mostly resulted from... on improved sea transport balance. In particular, travel receipts fell 3.5 percent to 2.85 billion euros
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A market for NPL resolution
Agora(NPE) on their respective balance sheets. This focus is the result of regulatory authorities... burdened by high levels of bad loans on their balance sheets. A unified regulatory approach in the way... is on the recovery potential of the liability side on banks’ balance sheets. In the Greek case, the single largest
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Deposits grow by 1.3 bln in August, highest inflow in 2016
EconomyMacroeconomyindicates the highest positive flow in the course of this year. As a result, deposit balance edged up... (1.11 billion) more than offsetting savings outflows of 1.62 billion. Although the latter reflects... (211 million) and led the gg deposit balance down to 10 billion in August from 10.57 billion
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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomyof 1.33 billion in August, Bank of Greece (BoG) figures displayed on Thursday. The deposit balance... flow is positive at 372 million, as savings’ outflows of 2.1 billion were more than offset by time... area residents’ inflows of 386 and 200 million, respectively. As a result, the outstanding balance
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Job departures hit 17-year high of 29,817 in January
EconomyMacroeconomyThe employment balance stayed negative in January 2017, with net departures climbing to 29,817 from... percent of new hirings from 41.8 percent in December. In addition, more than 41 and 17 percent.... All age groups recorded a negative employment balance in January with the highest in the 30-44
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IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
EconomyMacroeconomyfor the primary balance, IMF also upped its forecasts for the overall balance, which is now seen... percent (from -1.7 percent) in 2018. However, the Fund projects the overall balance to deteriorate... for 2018, when the debt ratio is estimated at 170.6 percent - almost 11 percentage points lower than
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Net job hirings reach new high of 89,534 in May, 5-month figure a record
EconomyMacroeconomyThe employment balance stayed positive in May 2017 with net hirings climbing by around 13,000... that May has had a positive employment balance over the last 17 years. Specifically, hirings stood at 264,587 compared to 175,053 departures, of which less than half (48.7 percent) related to lay-offs
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Newsletter 128 - 21/07/2017
, the IMF sees a growth rate of no more than 1 percent, due to the negative impact of an ageing... private sector deposits. 2 Primary cash balance records 434 mln deficit Expenditure rose to 4.08 billion... million to 3.40 billion in June. The central government primary cash balance turned to a deficit
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammefront, the IMF estimates the overall fiscal balance to end in a deficit of -1.7 percent of GDP... in 2019. The primary balance is seen landing at 1.7 percent of GDP this year and 2.2 percent in 2018.... The cyclically adjusted primary balance is expected to be 3.4 percent of GDP this year and 3.1 percent in 2018
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