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  1. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    of Greece (BoG) H1 data, non-residents’ direct investment in Greece showed a net inflow of 936 million. In addition, under the portfolio investment a net inflow of 4.6 billion was recorded, mainly

    2%
  2. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    on a net basis did not exceed 51.2 billion euros. This is a product of the eurozone denying... social welfare, the safety net for the most vulnerable and more targeted public investment

    2%
  3. Wealth in Greece plunged by 170 bln since 2007, report finds
    Photo by MacroPolis

    Society

    , the UK and Italy. The average net wealth per adult stood at 167,100 euros in 2013. However... a net wealth of at least 850,200 euros and make up almost 50 percent of total European wealth, while

    2%
  4. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    at 321.73 billion euros. The YtD evolution of its key components displayed a net decrease in the long-terms bonds by 9.7 billion, counterbalanced by a net increase of 5.5 and 6.1 billion in the short

    2%
  5. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    for the 9-month period showed that non-residents’ direct investment in Greece recorded a net inflow of 1.2 billion euros. In addition, under the portfolio investment, BoG figures displayed a net

    2%
  6. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    reflects a net decrease in long-terms bonds by 9.7 billion and in T-Bills by 2.1 billion counterbalanced by a net increase of 7.3 and 4.9 billion in short- and long-term loans respectively. In particular

    2%
  7. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    billion, 3.2 billion short of target. Excluding the SMP income the net comparable shortfall stands... percent to 3.37 billion in 2014, 234 million above target. As a result, net revenues posted a slightly

    2%
  8. Newsletter 12 - 23/01/2015

    Newsletters

    by 32.4 percent to 997 million euros in November mainly due to a decline in general government net... government net receipts from the EU mainly contributed to the widening deficit. First rise in household

    2%
  9. Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
    Photo by MacroPolis

    EconomyMacroeconomy

    evolution in January, the net inflows of 9.6 billion euros that had been recorded after June 2012 elections until the end of December were wiped out with the net flow now pointing to an outflow of 3.14

    2%
  10. The ECB's strict rules apply if you dare not comply
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    Agora

    the promissory notes arrangement the Irish budget would be hit for a decade with a net annual payment... the 10-year period. The promissory notes arrangement had a net present value (NPV) of 19.5 billion euros

    2%