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Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomyin the services balance. The BoG notes that the marginal deterioration in the goods’ deficit can... percent at constant prices. The improvement in the services’ balance stemmed from an improvement in all... marginally by 3.6 million to 2.79 million. This reflects improvements in the services balance by 753.5
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Current account surplus at 1.57 billion in July, pushed by services balance
EconomyMacroeconomyby 213.3 million euro year-on-year and was mainly driven by a rise in the services balance which... subaccounts led the services balance to grow by 8.3 percent to 3.24 billion. The main driver behind.... This was driven by an increase of 1 billion euros in the services balance, and improvements in the primary
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomyby 348.1 million euros year-on-year and was mainly driven by a rise in the services balance, which rose.... The services balance grew by 14.5 percent off improvements in all subaccounts, and stood at 2.76... euros in the services balance, and improvements in the primary and secondary income accounts
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Scope leaves rating at 'BBB' and outlook unchanged at stable
Economyshortages and persistent services inflation are ongoing challenges. Nonetheless, digital... backing from the Eurosystem and EU, improved fiscal fundamentals, with primary budget surpluses... moderate capital buffers, lingering asset-quality issues, and a close sovereign-bank linkage
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Turnover in services sector shows improvement in Q4 2014
EconomyMacroeconomyfor the services sector showed a marked improvement in the fourth quarter (Q4) of 2014. Eight out of the 14 service activities showed a rise, according to the Hellenic Statistical Authority (ELSTAT). In Q3, 12 out of the 14 service activities had recorded a drop, The highest increase in Q4 was posted
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingEurope, Eurobank’s licensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns... existing 27-billion-euro NPE portfolio, together with any new inflows. In addition, the new servicer..., with the company being licensed and regulated by the Bank of Greece. In parallel, a second servicer
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Newsletter 33 - 03/07/2015
is unlikely to en masse favour being part of a national emergency government. The other possibility... liquidity issues for electricity, telephone, mobile, water and insurance services companies. The same... and To Potami, which are all backing the “yes” campaign to unite. But they would still need close to 50
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New Democracy moves to corral far-right vote, as PM braces for more surveillance evidence
PoliticsGreek PoliticsConstantine has been attacked by opposition parties who see it as a play for the far-right vote... the party and “bowing to the deposed monarchy”. The head of PASOK-KINAL’s parliamentary team attacked... by the intelligence service EYP. The list of targets allegedly confirmed by ADAE’s investigations
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Kasselakis offers more hints of a positive narrative for SYRIZA's post-Tsipras era
PoliticsGreek Politicsa group of dozens of people, many of them minors, attacked two non-binary people in the city’s..., was reportedly attacked by an unidentified group participating in the demonstrations as he arrived... on Thursday evening before presenting himself for his mandatory 20-day army service on Friday. His
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The gruelling final straight of Greece's bailout
Agoraa complex period we are entering, even if we discard the tug-of-war over the precautionary credit line
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