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IMF sets out why it stands apart from eurozone on long-term growth prospects
EconomyProgrammeof the region’s average. Given this historical record the IMF estimates in steady state a 0.4 percent total... their highly depressed levels but their impact will wane once the stock of capital reaches its long
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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyfigure fell by 680 million compared to last year. In total, expenditure increased by 1.41 billion... were paid during July. It also includes 297 million for the participation in the share capital increase
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Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsthat more time will be needed to complete a total of 113 prior actions, 95 of which have to be ticked... journalists in the Greek capital that the government’s aim is to complete the review as quickly as possible
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Athens waits to sound out IMF, PM moves on from vote
PoliticsGreek PoliticsGreeks to their officially recognised sex from the age of 15. Although a total of 171 MPs backed... International Monetary Fund managing director Christine Lagarde in the US capital on Saturday. On Tuesday
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Labour market reforms did exactly what they were supposed to
Agoraabove Portugal’s and 17 percent higher than the minimum wage in Spain. By 2009, total exports were... in exports of services, demand for which is not price elastic, and in capital-intensive goods
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingfor two NPE disposal transactions, one for business and one for consumer loans, of a total NPE on balance... due to phasing in rules for capital, with no impact expected on P&L. Balance Sheet Eurosystem
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Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
EconomyMacroeconomyeuros. The figure increased by 108 million euros to come to a total of 5.47 billion on an aggregate... includes 307 million euros for the participation in the share capital increase of enterprises
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Business balance positive in 2017, small companies continue to dominate
EconomyFeaturespercent. A total of 17,590 such businesses were opened in 2017 while almost as many (17,430), were... favoured format for larger Greek businesses, require capital of 60,000 euros, have decisions dominated
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Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
EconomyMacroeconomyeuros to come to a total of 6.27 billion on an aggregate basis. The deficit in the Public Investment... for the participation in the share capital increase of enterprises. The overall cash balance also posted
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PMI at 56.1 in February, most improved since June 2000
EconomyMacroeconomyis finally recovering after nearly a decade of recession. They added that the sharp rise in total client... required. “A slight cause for concern was a drop in new orders at producers of capital goods, perhaps
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