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The scenarios ahead for Greece as review hangs in balance
PoliticsGreek Politicsanother 2 percent of GDP in new fiscal measures and further liberalisation of the energy and labour
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ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
EconomyMacroeconomywas cut by 200 million on February 2, remained stable on February 16 and eased by 100 million on March 9
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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyincome tax (-79 million). Indirect taxes declined by 2 percent in February, but rebounded by 6.2
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Progress seen after Brussels talks but review conclusion still out of reach
PoliticsGreek Politicsmeasures that Greece wants to implement to counter the impact of the 2 percent of GDP in new fiscal
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Newsletter 113 - 31/03/2017
in the course of 2016 is expected to continue this year, albeit at a slower pace. 2 Deposit outflows continue
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Marginal drop in time deposit rate, sharp decline in corporate lending rates in Feb
EconomyMacroeconomyGreek households’ new time deposit rate dropped by another 2 basis points (bps) and landed at 0.67 percent in February, Bank of Greece (BoG) figures showed on Friday. The headline figure represents a new record low since 2002, when Greece entered the eurozone. It stands 24 bps above the euro area
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General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
EconomyMacroeconomya repayment to the European Stability Mechansim (ESM) on February 20 of a loan worth 2 billion, which
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Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomy. The breakdown showed 2 percent of the total tax debt (1.82 billion) is owed by 83.8 percent
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Progress seen in Brussels talks but no deal in sight yet
PoliticsGreek Politics, appears insistent that the whole 2 percent of GDP in measures should be adopted in 2019, which
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Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
EconomyMacroeconomy, trade deficit reached almost 2 billion. The breakdown by geography revealed imports from non-EU
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