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  1. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    Greece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG). The 5-month primary cash balance exhibited a similar pattern posting a surplus of 1.06 billion in 2014 from

    3%

  2. HFSF 2013 annual report unveils accumulated losses of 15.1 bln and potential recovery value of 34.4 bln

    EconomyBanking

    figure of 898.2 million. In particular, net interest income (NII) mainly deriving from EFSF notes

    3%

  3. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    of the jobs market; it is also that the social safety net is not wide enough to provide them

    3%

  4. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    . The ministry estimates that the net revenue shortfall from heating oil stood at 300 million euros

    3%

  5. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    , the 5-month net revenues remained slightly lower year on year (-0.8 percent) to 17.3 billion weighed

    3%

  6. NPLs: The Achilles heel of the Greek banking system

    Agora

    percent is depicted in one of the many busy tables of the report. The IMF also stressed that NPLs net

    3%

  7. Central gov't primary cash surplus reaches 1.37 billion in first half of year

    EconomyMacroeconomy

    Greece’s central government net balance to June on a cash basis showed the deficit shrinking by 78 percent, or 6.8 billion euros, to 1.82 billion from 8.72 billion last year, according to the Bank of Greece (BoG). Similarly, the 6-month primary cash balance improved by 6.14 billion euros, posting

    3%

  8. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    percent above target. Overall, net revenues slipped 1.5 percent in June and 0.9 percent in the 6-month

    3%

  9. Greek deposits inch up again in June, reaching 163.21 bln

    EconomyMacroeconomy

    Greek private sector deposits increased 0.7 percent month on month (MoM) in June, with balances rising for the fourth straight month and reaching 163.21 billion euros, according to the Bank of Greece (BoG). Monthly net inflows more than doubled to 1.22 billion euros in June from 558 million in May

    3%

  10. Moody's upgrades Greek rating by two notches to Caa1 - here's why

    Economy

    showing signs of broadening from net exports to domestic demand, leads to greater certainty regarding

    3%