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Newsletter 101 - 23/12/2016
– even though eurozone finance ministers signed off on the measures at the December 5 Eurogroup... their concerns about the Greek government’s handouts and seeking pledges that these were one-off... out this one-off item, the comparable primary cash surplus widened by 2.48 billion to 6.96 billion
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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomyincludes the payment of 630 million for one-off support to low-income pensioners. In addition, 2016... overperformance by 2.41 billion, including the one-off payment of 630 million (0.36 percent of GDP... to the 2017 budget, gg primary surplus (excluding the one-off payment of 0.36 percent of GDP) was expected
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Greece as an energy hub: Reality or wishful thinking?
EconomyFeaturesin the exploration of two sites off the shores of Crete has already been received from a consortium of Exxon Mobil... the operator of the Ioannina block. If these deals are pulled off, they would represent a major investment... the Tanin and Karish gas fields off the coast of Israel. Production is expected to begin in 2020
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European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammewith the latest EC economic forecasts (2.1 percent in 2017 and 2.5 percent in 2018) levelling off... points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF... growth of 3 percent between 2019 and 2060. Moreover, the primary surplus is seen leveling off at 2
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Compliance report looks at programme financing, arrears clearance and 2016 performance
EconomyProgrammecollection rate. A number of one-off factors, such as low oil prices and the running down of inventories backed the recorded corporate profits, while some large one-off repayments of tax liabilities by firms under liquidation also supported CIT receipts. Other one-off factors with a positive impact
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomyat 29.71 billion euros, 1.62 billion euros off target. Net revenues came to 34.76 billion euros.... Specifically, income tax revenues were off target by 807 million, while property tax missed.... PIB PIB revenue stood at 81 million euros in September, 118 million euros off their monthly target
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Effort to end notaries' strike amid concern for auctions, NPLs
EconomyProgrammeto their associations calling off their boycott. Their key demands relate around the protection... towards the state, banks and social security funds cannot exceed 120. Other creditors must be paid off... off repossessions and other legal consequences.
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Will centre-left let go of past to grasp change?
Agoraelection in 1981. The fiscal timebomb, though, went off on its watch. And in the June 2012 national... of their frustration with their former party would ware off. This is, in part, why Tsipras has adopted a more... vying to be in the second, run-off vote on Sunday, November 19. Some of the candidates have certain
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Newsletter 140 -17/11/2017
on Thursday but the ballot was called off due to a day of mourning being declared after Plans... that will lead to them calling off their strike and allowing electronic auctions to begin..., the lowest figure since December 2014. Rounding off positive developments in the economy
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Newsletter 141
and was spotted gambling in a casino. Kammenos has so far been able to fight off accusations... almost 57 percent of the vote in last Sunday’s run-off, beating her younger opponent and MEP Nikos... off improvements in all subaccounts, and stood at 2.76 billion euros. The primary factor behind
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