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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyat 4.44 billion, above target by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion
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Newsletter 275 -27/11/2020
. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Eurobank gears up for crucial but contentious capital increase
EconomyBanking, the upcoming negative impact of Basel III guidelines on the banks’ capital base also need to be considered... to PSI. According to the Basel III rules, these preference shares are fully eligible as CT1 capital until 2017. Thus, the bank’s Basel III fully-loaded pro-forma CT1 of 10.6 would ease by 2.5
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Kammenos dismisses talk of coalition rift but maintains Macedonia name objections
PoliticsGreek Politicsof the Independent Greeks (ANEL) parliamentary group, which was held in the wake of mounting rumours... neighbour should not be allowed to use the name “Macedonia.” “ANEL made an honest agreement with SYRIZA... positives. This chimes with the feeling that there seems to be little chance of the SYRIZA-ANEL
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Countdown to Macedonia name deal vote has PM weighing up support
PoliticsForeign Policyfor the agreement. This prompted a strong reaction from junior coalition partner Independent Greeks (ANEL), which is opposed to the deal. ANEL spokesperson accused Kotzias of trying to create problems in the governing coalition. This prompted a meeting between Prime Minister Alexis Tsipras and ANEL leader
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Kammenos deviation raises more questions about coalition's endurance
PoliticsGreek Politics, Independent Greeks (ANEL). During his visit to Washington, Kammenos suggested an alternative plan... to reports, SYRIZA and ANEL officials were taken aback by Kammenos’s comments as his proposals had... speaker Nikos Voutsis also appeared perplexed by the suggestions made by the ANEL leader
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