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Nov sees 5 pct rise in loans, led by corporations and consumer credit
EconomyMacroeconomy898 million euros in October. The outstanding balance decreased to 112.44 billion euros in November, from 113.02 billion euros in the previous month. The corporate lending balance’s net monthly flow... was positive by 34 million euros. The balance stood at 61.69 billion euros. Credit to insurance
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Loans grow by 6.3 pct in Dec, highest since 2009
EconomyMacroeconomy. The outstanding balance increased to 115.5 billion euros in December, from 112.44 billion euros in the previous month. The corporate lending balance’s net monthly flow was positive again by 2.95 billion euros...-financial corporations was positive by 2.3 billion euros. The balance stood at 64 billion euros
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Credit expansion for private sector grows 5.7 pct YoY in Jan, but flow turns negative
EconomyMacroeconomyin December. The outstanding balance decreased to 113.4 billion euros, from 115.5 billion euros in December. The corporate lending balance’s net monthly flow was negative by 1.73 billion euros, after...-financial corporations was negative by 1.41 billion euros. The balance stood at 62.58 billion euros
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Macroeconomic fundamentals for Greece
Agora. And, what should be the fiscal primary balance that aligns with the need to bring down the towering debt... for the overall fiscal balance of the general government and gross debt (Maastricht definitions) by end-2022 have... 175 percent of GDP; a fiscal balance of around minus 3 percent; the interest bill around 2½ percent
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Newsletter 399 - 27/10/2023
’ balance sheets, while the presence of the significant cash buffer that the SYRIZA government had... banks sort out their balance sheet issues. The former shaped the distressed debt market regulation...-on-year in December last year, however, it has been moderating since. The corporate lending balance’s net
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Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.69 billion euros for the full year in December... data released by the Finance Ministry (MoF) on Monday. In 2023, the primary balance outperformed... to 53.95 billion euros. Net revenues were 66.78 billion euros. The budget balance for 2023 showed
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Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
EconomyMacroeconomyThe budget primary balance started the new year strongly with a surplus of 2.12 billion euros...) on Thursday. In January, the primary balance outperformed by 1 billion euros above the target... revenues were 6.55 billion euros. The budget balance in January showed a surplus of 933 million euros
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Budget continued to outperform in Feb, delivering 3.4 bln primary surplus
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.4 billion euros in February, according..., the primary balance outperformed by 1.42 billion euros above the target. Expenditure, excluding interest... billion euros. The budget balance in February showed a surplus of 1.46 billion euros, from a 2.31-billion
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Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.38 billion euros in February, compared... (MoF) budget execution data released on Tuesday. In February, the budget primary balance..., came to 7.54 billion euros. Net revenues came to 12.65 billion euros. The total budget balance
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Lending to corporations drives credit expansion of 3.8 pct YoY in Feb
EconomyMacroeconomyeuros in January, with a mixed flows picture in the last few months. The outstanding balance was broadly stable at 115.53 billion euros. The corporate lending balance’s net monthly flow was positive... of credit to non-financial corporations was positive by 599 million euros. The balance stood
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