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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomyby 1.2 percent. Total final consumption fell 5.6 percent in 2013 and official forecasts by the Greek... the most ambitious to be met this year. Total exports grew for the fourth straight quarter by 5.4... tourism season this year. Total imports rose 2.2 percent in Q1 reflecting a broadly similar increase
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomythe total amount for the whole year would reach 2.7 billion. This follows arrears’ payments of 4.6 billion..., the EFSF/ESM/IMF loans stood at 219.71 billion euros corresponding to more than two thirds of total debt, while long term bonds amounted to 68.16 billion (21.1 percent of total) and T-Bills at 14.97
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Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomyCommission. However, this performance was trimmed by almost 5 points in July and August. Total final... percent of total GDP last year - remains the most ambitious to be met this year. Total exports rose... period. Total imports increased at an accelerating pace by 4.6 percent in Q2 from 2.2 percent in Q1
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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomyattributed to social security funds (SSF), which account for half of total arrears. In absolute... which rose by 76 million to 742 million in July and account for 16 percent of total arrears. Since... of July, the EFSF/ESM/IMF loans stood at 232.71 billion corresponding to 72 percent of total debt
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ELSTAT survey finds 2013 household budgets devastated, inequality persists
Societyeuros) and restaurants (-14.82 euros), which both correspond to one third of the total expenditure... of the total household expenditure for the poorest, at 32.3 and 25 percent respectively... more for transport (14.9 percent of total expenditure), hotels, cafes and restaurants (11.9 percent
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingin Q3 from 31.8 percent in Q2. Out of the total NPLs of 17.1 billion, corporate NPLs amount to 6.3 billion (33 percent of total), mortgages to 4 billion (21.7 percent), small business loans (SBL) to 3.7 billion (50.5 percent) and consumer credit NPLs to 3.1 billion (44.6 percent of total). NPL
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Greek public debt at 321.7 bln in Q3, average weighted maturity at 16.5 years
Economyof total, bonds at 66.43 billion (20.6 percent) and T-Bills to 13.32 billion (4.1 percent). Note that total disbursements from the EU/IMF reached 226.5 billion euros by the end of September 2014... on the weighted average residual maturity of total debt was marginal from 16.41 years in Q2 to 16.5 years in Q3
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyincrease to a modest 1 percent for 2014. Total exports rebounded QoQ for the third straight quarter..., while exports of goods rose by a modest 1.7 percent. Over the past six years, total exports... with the latest forecasts being for total arrivals at 23 million in 2014, implying a 15 percent increase
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The key points from Greece's proposal to lenders
EconomyProgrammeThe government expects revenues of 1.67 billion in 2015 and 1.51 billion in 2016 bringing the total amount... completed for 2015-50. The document also unveiled that the total amount of SSF moveable assets stood... and the total household assets do not exceed 270,000 of which deposits not higher than 15,000 euros. Energy 1
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomyof total. Hospitals’ arrears are following suit with a rise of 342 million YtD to 949 million (20... percent of total). Local governments and extrabudgetary funds recorded the smallest rise by 24 and 22... loans stood at 204.41 billion (65.4 percent of total), bonds at 66.54 billion (21.3 percent), T-Bills
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