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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
EconomyMacroeconomywas in a roughly 600 million euros deficit. Greece has also received 884 million euros year-to-date from
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VAT and underspend drive budget outperformance in first six months
EconomyMacroeconomy. It has also received a new tranche from the RRF of 884 million euros, below target by 374 million
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Primary balance at 5.73 bln up to July as RRF-related spending revs up
EconomyMacroeconomy, the PIB was in a roughly 900 million euros deficit. Greece has also received 884 million euros year
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Budget continues to perform strongly in July as VAT beats target by over 1 bln
EconomyMacroeconomy. It has also received a new tranche from the RRF of 884 million euros, below target by 374 million euros.
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VAT continues to drive budget performance in Aug, at 1.21 bln above target
EconomyMacroeconomyby 1.97 billion euros, as noted. It has also received a new tranche from the RRF of 884 million
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Taxes continues to drive budget outperformance in September
EconomyMacroeconomyreceived 884 million euros year-to-date from the RRF, which is 374 million euros below the target. RRF
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday. It is worth noting though ...
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) recorded net losses of 1.14 billion in the first half of 2016 from 4.15 billion in the corresponding period last year, according to the interim financial report published on Wednesday This year’s bottom line ...
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening. The fiscal performance largely reflect...
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyGreek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit at a slower pace by 1.13 billion, following a decrease by 3.61 billion in the previous month, the Bank of Greece's (BoG) monthly financial statement reveal...
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