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Newsletter 92 - 14/10/2016
Eurogroup approves disbursement Discussions on second programme review expected to begin next week Welcoming the implementation by Athens of the 15 required milestones, Monday’s Eurogroup decided to approve the disbursement of 1.1 billion euros to Greece. The funds will be formally paid out
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Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months
EconomyMacroeconomythe European Stability Mechanism (ESM) Board convenes to approve the disbursement of 1.1 billion
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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgramme. Greece os waiting for the disbursement of the next sub-tranche of 1.1 billion euros for debt servicing
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Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln
EconomyMacroeconomyis the highest reading so far this year. The reported expenditure edged up 1.1 percent to 3.77 billion
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ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt
EconomyMacroeconomymillion lower than the April figure of 1.1 billion (0.63 percent of GDP). According to ELSTAT
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomybillion, while grants to the social security sector fell 6.3 percent in September and 1.1 percent
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Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE
Economytranche of 1.1 billion euros. During the first phase of the sale process, four companies - the Italian
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Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomyby 1.1 points in the previous month. However, the Markit’s Manufacturing PMI fell for the second
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CPI falls at faster pace of 0.9 pct in November
EconomyMacroeconomyexpects HICP to grow by 0.6 percent, while EC and OECD foresee a higher rise of 1.1 percent.
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Turnover in services sector improves in Q3
EconomyMacroeconomy) and telecommunications (+1.1 percent). Since 2001, the most notable nosedive has been recorded in advertising
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