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  1. Newsletter 275 -27/11/2020

    Newsletters

    . Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB

    9%

  2. Primary cash balance deficit at 13.45 bln in November

    EconomyMacroeconomy

    euros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01

    9%

  3. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium

    9%

  4. Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came

    9%

  5. Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) got off to a positive start in 2018 and rose by 0.6 points... mark. Greece’s ESI began to slide in the third quarter of 2008 when the global credit crunch hit, which eventually led to the perilous state of the country’s finances being exposed. The ESI continued

    9%

  6. Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued to strengthen in February, increasing by 2.4 points... reading above the 100-point mark. Greece’s ESI began to slide in the third quarter of 2008 when... being exposed. The ESI continued to fluctuate across the following years, recovering strongly in 2014

    9%

  7. Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln

    EconomyMacroeconomy

    Greece’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 ...

    8%

  8. HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings

    EconomyBanking

    The 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 ...

    8%

  9. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’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...

    8%

  10. Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek 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...

    8%