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Newsletter 158 -20/04/2018
euros to 11.33 billion euros against last year’s total of 10.72 billion. Compared to the same time... taxes up by 2.01 bln in Feb Total stock of overdue taxes climbs to 101.12 bln February’s increase... tax showed an increase, the total for legacy tax arrears (i.e. those created before 2017) fell
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Greek 2017 primary surplus confirmed at 4 pct, well above target
EconomyMacroeconomydata and in the reference year Greece produced a total surplus of 1.45 billion euros, which translates... the latest figures report a total balance of 0.6 percent of GDP, 1.09 billion, and a primary surplus... revision by 0.1 percent higher in the total balance for 2016 and the debt for 2014 was revised down also
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesin total (around 8 percent of all pensioners). However, in 2017 new measures were also pre-legislated... a million pensioners out of a total 2.5 million. These latest cuts will be felt immediately by a large... this trend in spectacular fashion. Total expenditure on pensions, which is almost entirely
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Eurosystem funding falls by 716 mln in May
EconomyMacroeconomybillion euros for the month, edging down from April’s total of 21.59 billion. Since the start... the majority of total liquidity at 54.2 percent. In May, ELA collateral pledged with the BoG fell... revealed that banknotes in circulation fell by 587 million to 32.91 billion, the lowest total since
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Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomymovement brings the total for central bank funding to 12.63 billion euros compared to July’s sum of 13.02... funding for August revealed that for a fifth consecutive month, ECB funding made up the majority of total... December 2017. The total for August stood at 31.70 billion. Banknotes in circulation were in decline
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesof the year. The government's draft budget report lists a total of 13 privatisations due... extension to the concession for Athens International Airport is completed. The total revenues from... the end of the year, which would take the total to 2.35 billion. Several key privatisations were
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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomyof Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1... the unfavourable macroeconomic conditions, Greece turned around a total deficit worth 15.1 percent of GDP in 2009. In the previous FM issued in April the IMF anticipated a total deficit of -0.1 percent
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingquarters. As mentioned, the target for NPE stock across the rest of the year is for the total to stand... with a consortium for the sale of non-collateralised and unsecured consumer loans for a total outstanding... to 217 million. Net fee and commission income accounted for 55 basis points of total assets in Q3
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Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomy. The total number of permits came to 1,181 and remained above the 1,000-permit mark for 10 straight months... the economic crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84
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Building permits drop by 10.2 pct in Jan
EconomyMacroeconomy. The total number of permits came to 853, falling below the 1,000-permit mark for the first time in 10... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than
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