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Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomythe target. This led net revenues, up 10.9 percent to 4.05 billion, to beat their target by 331
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBanking. The banknotes’ inflow of 7.7 billion euros and the repatriation of funds and deposits worth 7.9 billion led
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Tormenting Greece with a distorted picture
Agorain the way the Bank of Greece recorded deposits led to several reports claiming that the overall
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyin the average loan rate led the average interest rate spread for Greek banks up for the second
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Greece, lenders fail to make headway on fiscal and labour issues
EconomyProgrammeif the notable revenue outperformance in 2016 that led the primary surplus to possibly top 3 percent of GDP
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All-round concern about Greek-Turkish tension in run-up to referendum
PoliticsForeign Policythe Summit of NATO Defence Ministers in mid-February, it was decided that operations led by SNMG-2 (within
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Newsletter 110 - 10/03/2017
that the negotiations in Athens continued. The extra time led to an agreement on the out-of-court workout, which
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomydeleveraging and deposit inflows. The monthly movement in the Eurosystem funding components led
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomyhigher than target. Overall, the contained primary expenditure led total expenditure down 4.8 percent
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Slow progress on fiscal, impasse on labour keep review deal on hold
PoliticsGreek Politicslocal media that Tuesday’s teleconference with the lenders led to differences over the 2018 fiscal gap
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