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  1. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    contributor. 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

    3%

  2. Bank framework paves way for Eurobank capital increase, gives HFSF flexibility
    Photo by MacroPolis

    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

    3%

  3. IMF recognises Greek 2013 surplus, sees less burdensome financing needs
    Photo by MacroPolis

    Economy

    balance 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

    3%

  4. Central gov't cash deficit down to 1.14 bln in March

    EconomyMacroeconomy

    numbers. 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

    3%

  5. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    percent 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

    3%

  6. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    Finance 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

    3%

  7. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    bulletin released by the Ministry of Finance (MoF). Excluding payments of previous years’ arrears... contribution to the overall balance. Like the previous months, extrabudgetary funds made up the highest

    3%

  8. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    indicates that excluding payments of previous years’ arrears to the private sector, the underlying gg... that the government has paid previous years’ arrears of 435 million in the first half of the year, while

    3%

  9. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    . In addition, July revenues are by far the highest monthly figure in 2014, well above the previous high... performance in the previous month, the Public Investment Budget (PIB), showed a deficit of 287

    3%

  10. WEF report highlights weakness of Greek institutions and challenges of recovery

    Economy

    Greece’s competitiveness improved by 10 spots in 2014, at an accelerating pace compared to the previous year, according to the Global Competitiveness Report 2014-15 published by the World Economic... the previous year. Inefficient government bureaucracy and tax regulations are following suit with 19.8

    3%