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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politics. The coalition’s proposal centres on three key themes: · Scrapping the 50-seat bonus for the winning part... for the conservatives, at the next elections. Scrapping the bonus means that the winning party, which... the issue as not too long ago it also proposed the abolition of the 50-seat bonus for the winning
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Greece’s first bailout, lenders and their pledge to maintain debt exposure
EconomyProgrammeof the holdings of its SMP purchases. Out of a total of 218 billion euros, 33.9 billion were Greek government... be returned to Greece to reduce the financing needs of the second programme, these ECB and NCB holdings... meeting raises questions about lenders' commitment to “broadly maintain” Greek holdings.
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomyin foreign T-Bills and a decline in non-resident’s holdings of Greek government bonds and T-Bills. On the flipside, March inflow is mainly attributed to a decline in residents’ holdings of foreign bonds and Treasury bills and to a lesser extent to a rise in non-residents’ holdings of Greek shares
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomymillion stemming from a 3.1 billion outflow in holdings of Greek government bonds and T-Bills by non-residents and a 1.8 billion rise in residents’ holdings of foreign bonds and T-Bills. Overall... figure mainly reflects increased non-residents’ holdings of Greek stocks, primarily attributed
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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomy-based Consolidated Lamda Holdings in the capital increase of Lamda Development. In the 7-month... a net outflow of 766 million euros, largely reflecting a net increase in residents’ holdings..., mainly due to a rise in non-residents’ holdings of Greek stocks. BoG figures also showed that reserve
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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomyby 1.1 billion in holdings of foreign bonds and T-Bills. At the same time, residents’ net external...’ holdings of Greek government bonds (GGBs) and T-Bills. For the 7-month period, residents’ external assets fell by 3 billion on the back of a 10.2 billion decline in residents’ holdings of foreign bonds
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Current account deficit widens to 412 mln in May
EconomyMacroeconomy, largely due to a rise in residents’ holdings of foreign bonds and T-Bills of 963 million, while net liabilities declined by 137 million due to a drop in non-residents’ holdings of Greek government bonds... holdings by 4.4 billion. At the same time, the corresponding liabilities dropped modestly by 49 million
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomyassets in September, mostly attributed to an increase in residents’ holdings of foreign bonds and T-Bills more than offsetting a decline in their foreign equity holdings. The corresponding liabilities also rose by 280 million largely due to a decrease in non-residents’ holdings of Greek government
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Current account deficit of 1.2 bln in Nov turns 11-month balance negative
EconomyMacroeconomyin resident’s external assets in November, mainly stemming from a rise in residents’ holdings of foreign bonds and T-Bills, which more than offset a decrease in their foreign equity holdings. The corresponding liabilities declined by 85 million largely due to a drop in non-residents’ holdings of Greek
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Current account deficit narrows to 271 mln in Jan
EconomyMacroeconomyContinental Europe Holdings (Netherlands) in the capital increase of NN Hellenic Life Insurance..., mainly reflecting a rise of 301 million in residents’ holdings of foreign bonds and T-Bills...-residents’ holdings of Greek government bonds and T-Bills. Reserve assets edged down to 6.4 billion
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