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Goalposts shift as European elections near and SYRIZA cements lead
PoliticsGreek Politicsmethod is more direct form of democracy. However, this runs contrary to previous discussions about... in previous elections. In 2009, PASOK and New Democracy each elected eight MPs with 36.6 and 32.3
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Unemployment at new high of 28 pct in Nov, jobless up by 169 pct in four years
EconomyMacroeconomyThe seasonally adjusted jobless rate continued heading north, reaching 28 percent in November from a downwards revised 27.7 percent the previous month, according to the Hellenic Statistical Agency... the previous month figure. Over the past four years the number of unemployed has surged 169 percent
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Central gov't cash surplus rises by 53.8 pct to 603 mln in January
EconomyMacroeconomyfrom the BoG calculation b) The repayment of previous years’ arrears amounting to 6.14 billion, which... to previous years’ fiscal performance.
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Central government primary cash surplus at 1.7 bln to February
EconomyMacroeconomy) The repayment of previous years’ arrears amounting to 6.14 billion, which was reported in BoG cash expenditure, but excluded from MoF budget figure since it referred to previous years’ fiscal
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General gov't cash surplus widened to 2 bln in January
EconomyMacroeconomycontributor. Unlike last year, this year’s gg balance does not include any settlement of previous years... billion in 2013 mainly reflecting payments of previous year’s arrears of 6 billion. Our understanding
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Bank framework paves way for Eurobank capital increase, gives HFSF flexibility
EconomyBanking. More importantly, the price for private investors can be lower than that of previous HFSF participation... have full voting rights only on strategic issues. The draft bill also supplements the previous bank
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IMF recognises Greek 2013 surplus, sees less burdensome financing needs
Economybalance of 1.5 percent of GDP, which is marginally above its previous forecast of 1.4 percent... previous forecasts now settling at 15.8 percent of GDP in 2014 (from 25.1 percent) and at 10.2 percent
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomynumbers. b) The repayment of previous years’ arrears amounting to 6.14 billion, which was reported in BoG cash expenditure, but not included in budget figure as it referred to previous years’ fiscal
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomypercent in 2015. The updated forecasts are marginally better compared to the previous estimates... previous estimates, the OECD did not publish its fiscal balance projections under the Economic
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BoG sees encouraging signs for Greek economy but warns on reforms
EconomyFinance Minister next week. The central bank reiterates its previous estimates outlined in its... positive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor
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