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Newsletter 67 - 18/03/2016
suggesting a three-year moratorium on the sale of primary residence-backed housing NPLs. Discussions... to the Q4 reading for 2014. The year-on-year decline reflects a rise in the number of employed by 3.... The year-on-year decline reflects a rise in the number of employed by 3 percent. Rise in long-term
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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomy, which was 940 million higher than last year’s figure of 1.73 billion, according to the Finance Ministry’s final budget bulletin. The year on year (YoY) improvement mostly reflects a rise in revenues..., from a deficit of 503 million in the corresponding period last year, 1.55 billion euros above
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Newsletter 74 - 20/05/2016
-year NPL stock to fall below last year’s level, while anticipating it will also turn profitable for the whole year. The most crucial development next week involves the Eurogroup in Brussels on May 24... last year. The four-month headline figure exceeded the target by 1.81 billion euros. This was mainly
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Newsletter 76 - 03/06/2016
for pensioners on low incomes from the beginning of this month (instead of the start of this year); second... provisional estimates, which showed GDP contracted 0.5 percent quarter on quarter (QoQ) and 1.4 percent year on year (YoY), slightly worse than the preliminary figures released on May 13. The breakdown revealed
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomy(ELSTAT) figures showed on Thursday. The comparison with the corresponding period last year shows... year. In contrast, the jobless rate in the 45-64 age group was kept stable at 20.4 percent... 22.6 percent in Q4. Meanwhile, the number of long-term (more than 1 year) unemployed fell to 839,800
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Newsletter 80 - 01/07/2016
, up by 51.5 percent from last year and outperforming the target by 3.1 billion. The notable over... year to date to 18.41 billion, or 892 million above target. Tax revenues in particular rose 6.1... attributed to inflows from non-financial corporations. Since the beginning of the year, the Greek market
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomya year ago, Bank of Greece (BoG) figures showed on Thursday. The year on year improvement by around..., the services surplus fell by 141 million from last year. The modest drop in the goods’ deficit reflects... in the current account deficit by 35.5 percent to 2.5 billion euros. The year on year improvement by 1.38
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Newsletter 87 - 09/09/2016
months of the year, according to the Finance Ministry GG bulletin. The most notable improvement... of the state budget posted a drop from last year. The breakdown showed revenues grew by 3.58 billion..., from 6.35 billion in the previous year. In addition, the VAT gap as a percent of VTTL dropped from 33.5
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Newsletter 89 - 23/09/2016
percent from last year to reach 3.76 billion in the first eight months of the year, outperforming its... of the net monthly departures of 164,723. Despite the deteriorating performance in August, the year... 2.51 billion a year ago. All C/A components posted a deterioration from last year, most markedly
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Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomyin the 8-month period of 2016 from 3.07 billion a year ago, Bank of Greece (BoG) figures displayed on Friday. It is worth noting though that this year’s figure includes arrears repayment of 1.57 billion..., the comparable primary cash surplus reached 3.98 billion, up by 913 million from last year. The primary cash
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