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  1. General gov't cash primary surplus to May halves, arrears keep rising

    EconomyMacroeconomy

    in May make up 44.3 percent of total. Since last December they jumped by 416 million or which 74... percent of total arrears. Despite a rise by 42 million in May, tax arrears have slightly dropped by 21 million year to date to 734 million making up 14.6 percent of total arrears. State budget arrears

    5%

  2. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    and 573 million YtD to 2.34 billion in June. This corresponds to around 44 percent of total arrears... to 1.11 billion making up around 21 percent of total. State budget arrears reached 601 million in the first half, accosting for more than 11 percent of total, while their YtD increase was the third

    5%

  3. Hotel guest numbers up 8.7 percent in 2014

    Economy

    that in 2014 a total of 17.7 million people booked into hotels and campsites, compared to 16.3 million in the previous year. These 17.7 million guests stayed a total of 75.4 million nights, which... arrivals slipped from 34.7 to 31.9 percent, while their proportion of the total nights spent also

    5%

  4. Greek banks' equity raising could keep official support to a minimum

    Economy

    their capital base by around 9.7 billion in total from private investors, of which 3.5 billion relates.... Eurobank The bank announced on October 29 a voluntary exchange offer for a total of 877 million... Fund (HFSF), while three private investors control a total stake of 34.5 percent. In particular

    5%

  5. Deposit flow turns negative with outflows of 681 mln in Oct

    EconomyMacroeconomy

    ). Since December 2014, when the country entered into a period of political instability, total... (7.63 billion) and June (7.58 billion). Total deposits - which also incorporate general government... at the end of October. On top of private sector, the total deposit negative flow incorporates gg

    5%

  6. General gov't primary cash surplus widens notably to 4.84 bln by October

    EconomyMacroeconomy

    million. The outstanding stock currently stands at 2.73 billion, making up 46.6 percent of total arrears. Hospitals’ arrears amount to 1.19 billion euros and accounting for 20.3 percent of total. They have..., with marginal change in the course of the year. They correspond to 12.9 percent of total arrears. State

    5%

  7. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    percent of GDP. The report shows that the total contribution of travel and tourism to GDP, including... was ranked 26th in terms of direct tourism revenues and 29th in terms of total contribution worldwide..., with Greece ranking 102nd and 110th for the direct and total contribution respectively. The money spent

    5%

  8. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    at the high end at 2.88 billion (+111 million year to date), making up 43 percent of total arrears. Hospitals follow at 1.15 billion, up 215 million in Q1, corresponding to 17 percent of total arrears... of outstanding debt shows EFSF/ESM/IMF loans stood at 219 billion making up 68.2 percent of total debt

    5%

  9. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    , with the absolute figure reaching 3.03 billion in July. It made up 44 percent of total arrears. Hospital... of total) in July. State budget arrears grew by 226 million to 677 million by July, while tax refunds’ arrears of 1.36 billion remain the second major contributor to the total figure with their stock up

    5%

  10. Central government debt drops to 323.7 bln in Q3 on bond repayments
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of FSM loans in Q3 involve EU financial aid of 212.7 billion in total, of which 52.9 billion relate..., accounting for 17.5 percent of total debt. Of this amount, 38.8 billion are held by private investors and 18... flat for yet another quarter at 14.87 billion, making up 4.6 percent of total debt. Moreover, repos

    5%