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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
EconomyFollowing Wednesday’s press release revealing that Greece has mandated international banks for a benchmark bond issue, the Finance Ministry (MoF) announced on Thursday that Greece sold a 3-year bond in a principal amount of 1.5 billion euros at a yield of 3.5 percent. The amount of the syndicated
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Greek primary budget surplus reaches 712 mln in first half of 2014
EconomyGreece’s budget execution showed a primary surplus of 712 million euros in the first half of the year from a primary deficit of 1.51 billion euros in the corresponding period last year, according to the preliminary data released by the Ministry of Finance (MoF). The 6-month state budget deficit
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomygovernment figures on a cash basis, while the respective items included in the Ministry of Finance’s
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Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomysupport program since late 2008. The latest figures provided by the Finance Ministry for May show
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Greece sizes up task of restructuring corporate debt
EconomyThe Bank of Greece (BoG) released on Friday the findings of a recent workshop in which representatives from the Finance Ministry, the EU, banks, corporates, international experts and consulting firms participated, generating a clear idea of what kind of debt restructuring would be needed for Greek
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Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
EconomyGreece’s budget execution showed a primary surplus of 707 million euros in the first half of the year from a primary deficit of 1.51 billion in the corresponding period last year, according to the final data released by the Ministry of Finance (MoF). The 6-month state budget deficit narrowed
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Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP
EconomyGreece’s general government debt slipped by 3.9 billion euros quarter on quarter to 314.8 billion euros, or 174.1 percent of GDP, at the end of Q1 2014 from 318.7 billion, or 175.1 percent, at the end of 2013, according to Eurostat data published on Tuesday. Recent Finance Ministry figures put
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End of troika in Greece would create new challenges for coalition
PoliticsGreek Politicsa meeting with Finance Minister Gikas Hardouvelis to voice its complaints about problems
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Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
EconomyMacroeconomy. The Ministry of Finance (MoF) had initially introduced an emergency levy on apartments (paid via
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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomyfigures released by the Finance Ministry earlier this month showed that those guarantees fell to 39.8
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