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General gov't primary cash surplus to April at 1.69 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus stood at 1.69 billion in the 4-month period (Jan-Apr) from a deficit of 755 million last year, according the gg bulletin released by the Ministry of Finance (MoF). In addition, the gg cash deficit narrowed by 2.39 billion year on year (YoY
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Election fallout opens up divisions in PASOK and DIMAR
PoliticsGreek Politicsfinance minister who is seen as a potential leadership rival, have called for there to be a new contest
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As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis
EconomyMacroeconomyunanimously to propose to the cabinet the appointment of former Finance Minister Yannis Stournaras
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Stomach for the fight
Agorathat, the only major change was at the Finance Ministry, where economist Gikas Hardouvelis replaced
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Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out
EconomyMacroeconomywidened up to 85 billion. The Finance Ministry’s latest figures show that bank support guarantees
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BoG sees encouraging signs for Greek economy but warns on reforms
EconomyThe Bank of Greece (BoG) issued its Monetary Policy 2013-14 report on June 12, which is the last official publication by the current governor George Provopoulos, who will be succeeded by the former Finance Minister next week. The central bank reiterates its previous estimates outlined in its
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BoG sees central gov't primary surplus to May at 1.06 bln on cash basis
EconomyMacroeconomybasis, while the Ministry of Finance (MoF) respective items included in the budget execution bulletin
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Greek primary budget surplus at 707 mln as revenues beat target in May
EconomyGreece’s budget execution showed a primary surplus of 707 million euros in the 5-month period from a primary deficit of 970 million in the corresponding period last year, according to the final data released by the Ministry of Finance (MoF) on Tuesday. The state budget deficit to May narrowed
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus amounted to 1.22 billion euros in the 5-month period from a deficit of 1.62 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF). Excluding payments of previous years’ arrears
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Greece prepares for a 3-year benchmark bond issue
EconomyThe Greek Finance Ministry confirmed on Wednesday that it has mandated international banks for a forthcoming 3-year benchmark bond issue under English law. According to the announcement, the transaction is expected to be launched and priced in the near future subject to market conditions. Press
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