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  1. Stomach for the fight
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    that, the only major change was at the Finance Ministry, where economist Gikas Hardouvelis replaced

    2%

  2. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    widened up to 85 billion. The Finance Ministry’s latest figures show that bank support guarantees

    2%

  3. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    The 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

    2%

  4. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    basis, while the Ministry of Finance (MoF) respective items included in the budget execution bulletin

    2%

  5. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    Greece’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

    2%

  6. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    The 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

    2%

  7. Greece prepares for a 3-year benchmark bond issue
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    The 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

    2%

  8. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    Following 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

    2%

  9. Greek primary budget surplus reaches 712 mln in first half of 2014

    Economy

    Greece’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

    2%

  10. Central gov't primary cash surplus reaches 1.37 billion in first half of year

    EconomyMacroeconomy

    government figures on a cash basis, while the respective items included in the Ministry of Finance’s

    2%