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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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Income inequality in Greece remained high in 2013
Society. The data shows that the income quintile share ratio, or S80/S20, of the total of equivalised disposable... of total national income from 2012 to 2013 from 47.1 to 47.6 percent. That represents the third highest... bracket, controlled 43.4 percent of the total national disposable income, a decrease of 0.7 percentage
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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammetotal of 50 billion. Half of this amount will be used for the repayment of banks’ recapitalisation... fiscal path or higher privatization proceeds. In addition, restoring market access could lower the total financial envelope. · To address the acute challenges of the Greek banking sector, the total
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Greek banks in intensive care: What lies ahead?
Agorapercent of total deposits at that time. Thus, a potential haircut of 23.7 percent on June-2014.... It is apparent that since total deposits have dropped by 43 billion since June 2014 a much higher... period until the end of 2015, a bail-in equal to 8 percent of total liabilities will be applied
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