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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. A breakdown of the fiscal and structural reforms Greece hopes will unlock funding

    EconomyProgramme

    with a net fiscal impact of 3.7 billion euros, including proceeds from privatisations. Those... million). The net fiscal impact of 3.7 billion euros also assumes that the government will postpone

    2%

  6. Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY

    EconomyMacroeconomy

    last year. Similarly, the central government net balance showed the deficit narrowed by 19.5 percent... showed a lower drop in net revenues (-1 percent) and a slower rise in March figure (+16.8 percent). Cash

    2%

  7. Greek stock market up by 3.5 pct over week amid hope of bailout deal

    Economy

    weeks. On the corporate front, Hellenic Exchanges (EXAE) released Q1 results on May 18 that showed net.... In addition, EXAE Annual General Meeting (AGM) approved on May 20 the distribution of net dividend

    2%

  8. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted net losses of 69 million euros in the first quarter (Q1) of 2015 significantly lower than those reported in Q4 2014 of 332 million and in Q1 2014 of 247 million. The improving.... Net interest income (NII) fell 2.4 percent QoQ to 500.3 million primarily reflecting the higher

    2%

  9. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    ) and edging up to 4 percent in 2016. Overall, net exports are expected to ease 0.5 percent in 2015..., according to the OECD. In addition, a broader and well-designed social safety net would help the most

    2%

  10. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    into the Treasury. Overall, the IMF estimates Greece’s net financing needs at 29.3 billion in the next 12... by the Eurosystem (14.3 billion), other medium- and long-term debt (5.5 billion) and net redemption

    2%