Search
-
In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammewith this type of collaterals stood at 21 billion euros at the end of September, according the lenders...). Local media had indicated that the state’s remaining cash reserves do not exceed 2 billion euros, while an additional 2 billion could be raised by utilizing the reserves of the general government
32% -
Newsletter 23 - 17/04/2015
markedly in the first quarter of this year. Local media claimed that around 2 billion euros of new... of 1.62 billion euros. 2 Compromise now, reckon later? The economy is locked in an ever-asphyxiating... funding. The problem is that Greece and its lenders seem far apart on the type of measures
32% -
Newsletter 89 - 23/09/2016
of events has provided Tsipras with a new type of problem to solve in the coming days. Primary surplus... underspend of 2 billion, coupled with a revenue overperformance of 646 million. Revenues (before tax... turnover by 6.1 percent. 2 Coalition could face a mauling Nervous Tsipras awaits supreme court
32% -
Newsletter 95 - 11/11/2016
of 23.3–23.5 percent in 2016, which is expected to fall by 1–2 percentage points in the following.... The headline figure for September is the sixth straight positive reading. 2 The great state... the type of voters that the Democrats in the US, the Labour Party in the UK and social democrats elsewhere
32% -
IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammeevaluation earlier this week. The total amount of this type of debt stands at 115 billion euros... tax debtors owe less than 3,000 euros each, while their tax debt makes up just 2 percent... as more than 80 percent is older than three years with a collection rate of almost 2 percent. More
32% -
ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politics, the government is looking for 2 billion euros fiscal space so it can get back on track... these interventions. It will have to agree a primary surplus target of less than 2 pct of GDP next year... of cheap or easy money. This is creating a different type of problem for the government, according
32% -
Trouble from Turkey prompts plans for extra defence spending after years of cuts
PoliticsGreek Politicson the purchase of two Belharra-type intervention frigates. No order has been placed with France’s Naval..., this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014. Even at 2 pct, spending was much higher than the EU28 average in 2018, which stood at 1.3 pct
32% -
Newsletter 446 - 10/01/2025
the tone on January 2 by submitting a parliamentary question for Mitsotakis on the problems faced... in the eurozone markets, with the German Bund at 2.6 pct, from roughly 2 pct at the start of December... for this type of global uncertainty that we have been arguing that Greece’s debt position
32% -
Newsletter 454 - 07/03/2025
factors. It is precisely for this type of situation that, as we have previously highlighted, Greece's... for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively in December... performance is structural and could be repeated in 2025, leading to a primary surplus of over 2 pct
32% -
Debt position provides protection against global turbulence
EconomyMacroeconomyof interrelated factors. It is precisely for this type of situation that, as we have previously highlighted... pct for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively... fiscal performance is structural and could be repeated in 2025, leading to a primary surplus of over 2
32%