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Primary cash balance surplus at 6.31 bln in November
EconomyMacroeconomyin the first 11 months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 5.41.... Conversely, the aggregate figure for the first 11 months of the year showed that revenues fell by 207
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Mitsotakis sets out economic goals for 2020 as govt vies for extra fiscal space
PoliticsGreek Politicseconomic priorities for the year, reiterating New Democracy’s determination to create more fiscal... levy on incomes and social security contributions this year. He said that 2020 would be the year... aim is to have reduced them by 5 points in 2023, when the government’s four-year term is due to end
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomyby 3.73 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline... to 3.30 billion euros. The equivalent figure for the same time last year was 4.38 billion. A decline
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Unemployment drops to 16.3 pct in December
EconomyMacroeconomytime last year, the unemployment rate came to 18.5 percent. The current month’s reading is the lowest... by 6,340 people compared to November. Year-on-year, the figure for those employed increased by 53,160... among women fell by 3.3 percentage points (pps) year-on-year and came to 20.2 percent
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyby 475 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline.... The equivalent figure for the same time last year was 182 million. A smaller fall of 2 million euros
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Primary cash balance deficit at 378 mln in February
EconomyMacroeconomyin the first two months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 838.... The aggregate figure for the first two months of the year showed that revenues fell by 383 million euros
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Current account shows deficit of 1.29 bln in January
EconomyMacroeconomy. In the same period last year, the deficit was 1.18 billion euros, meaning that the deficit has worsened by 108.4 million euros or 9.2 percent year-on-year (YoY). According to the BoG, January’s performance... a surplus of 80.2 million, rising against last year’s figure of 63.1 million. Travel receipts came
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingof 27 percent year-on-year (YoY). Asset quality Domestic non-performing exposure (NPE) stock..., exceeding the bank’s full year SSM reduction target. The bank noted that with nearly two thirds... sales expected to take place up to the second quarter of the year. On the domestic front
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomymonths of the year compared to a surplus of 1.73 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 512 million
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Primary cash deficit at 5.35 bln in May
EconomyMacroeconomyin the first five months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 438.... The aggregate figure for the first five months of the year showed that revenues fell by 2.42 billion
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