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Newsletter 162 -18/05/2018
to 9 times higher than earnings, while the average for the other companies assessed is around 3.5...’ repayment of 464 million euros, of which 7 million were paid in April. The overall cash balance posted... the figure The budget primary balance came to a surplus of 2.33 billion euros in the first four
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Newsletter 177 -05/10/2018
situation of Greece today looks much better than 18 months ago, precisely when this fiscal decision... be a final decision on this issue earlier than expected. He pointed to an extraordinary Eurogroup... billion. Overall, the state budget primary balance declined by 912 million euros to stand
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EC warns budget not on track due to handouts, advises against further underspend
EconomyProgrammefront. Last year, the primary balance under the enhanced surveillance definition reached 4.3 percent... dividend to low-income households, the primary balance would have reached an impressive 5.2 percent... where Greek authorities have spent less than initially planned, either by choice or because spending
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Budget primary surplus reaches 1.78 bln in July, almost double target
EconomyMacroeconomyby 2.15 billion euros. The overall budget balance up to July recorded a deficit of 1.85 billion euros... in the year to date, beating the target by more than half a billion, reaching 26.25 billion euros. Tax refunds came to 2.51 billion euros in the aggregate period, higher than their target by 253 million
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Newsletter 227 -08/11/2019
. Overall, the EC expects Greece to grow by 1.8 percent in 2019, which is lower than the 2.2 percent... budget primary balance rising by 2.37 billion euros and landing at 4.55 billion euros, compared... last year was 1.81 billion. The breakdown of the state budget primary balance figures showed
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingin offloading up to 30 billion euros in bad loans which have been plaguing their balance sheets since... on the balance sheets of the country’s four systemic banks as at the end of the third quarter 2019. The need... to leverage the Hercules mechanism for more than 6 billion euros-worth of loan securitisations
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Newsletter 250 -11/05/2020
period would last more than five years. With one eye on developments in the tourism market... euros YoY and came to 193 million euros against 210 million euros last year. The balance... balance showed a fall of 679 million euros, landing at 494 million euros this year compared
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Unemployment at 16 pct in January
EconomyMacroeconomyfor April showed the balance was positive with 81,942 more hirings than people leaving their jobs. Compared with April 2020 -- the first full month of Greece’s first lockdown -- the employment balance... they were temporarily absent, as still employed if the duration of their absence was less than three
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Unemployment at 15.9 pct in February
EconomyMacroeconomydatabase for April showed the employment balance was positive with 81,942 more hirings than people... which they were temporarily absent, as still employed if the duration of their absence was less than... -- the employment balance improved by 109,091.
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IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Economy. Overall, the IMF’s view has not substantially changed on Greece after more than one year... in 2022, roughly half a percentage points lower than the finance ministry’s forecast for each year..., bank balance sheets, credit growth and the recovery as a whole. Banks Banks remain an area of concern
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