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Greece in 2014: Where are we?
Agora. For example, how can the primary surplus be the standard bearer for "Grecovery" when more than 3 billion euros of new arrears, taking the total to over 6.5 billion ), have been created; the cash deficit
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Building activity posts first rise in 20 months but overall picture grim
EconomyMacroeconomyto a sharp drop of 31.2 percent in permits. As expected, the bulk of total building activity (more... approved financial support of 3 billion euros for the projects.
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economya total of 3.1 billion or 14 percent of capital needs from private investors, exceeding the 10 percent... or other capital enhancement measures over the next 2 or 3 years without using the backstop facility
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A closer look at Greece's 2013 budget primary surplus of 603 mln
EconomyMacroeconomy2013 fiscal targets under its Economic Adjustment Program. Revenues excluding tax refunds fell 3...), resulted in a higher cut of total expenditure by 15.8 percent to 51.81 billion. As reported
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Building activity up by 36.2 pct in Nov as rebound continues
EconomyMacroeconomydrop of 27.4 percent in permits. The bulk of total building activity (more than 90 percent) is related... and the creation of 20,000 jobs, while the EU has already approved financial support of 3 billion euros
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Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 2.6 percent in the fourth quarter of 2013, further decelerating from the 3 percent drop posted in the third quarter, according to flash estimates... leading to a 7.3 percent drop in total final consumption expenditure. Another factor negatively affecting
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Should Greece really ask for a debt haircut?
Agoraeurozone partners. At the end of this year, Greece will have a total debt of 320.1 billion euros... debt servicing costs being reduced to between 3 and 4 percent of GDP in the coming years. The debt
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Greek deposits fell by 1.4 pct in January amid outflows of 2.3 bln
EconomyMacroeconomyrecorded in December. Total deposits – including euro and non-euro area residents – dropped by 3 billion
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IMF recognises Greek 2013 surplus, sees less burdensome financing needs
Economy. Primary surplus forecasts for 2015-18 were kept unchanged at 3 percent for 2015, 4.5 percent for 2016-17.... Surprisingly, the IMF’s estimates for Greece’s total financing needs are materially lower than
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Greek trade deficit increases by 14.7 pct in March
EconomyMacroeconomyand 10.7 percent respectively. In contrast, the modest rise of 1.4 percent in total exports is due... drop in imports (down 0.3 percent) and a higher decline in exports (down 3 percent). The former
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