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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyGreece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299... September 2014. The improvement in the C/A balance by 707 million year on year (YoY) mainly reflects.../A balance by 122 million YoY results from a sharp decline in the primary income surplus by 779
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Net job hirings balance turns negative by 98,420 in October
EconomyMacroeconomyThe employment balance turned negative in October as hirings fell short of departures by 98,420... negative balance for the year and largely reflects the ending of seasonal contracts after the summer period. The net balance for September showed hirings outpacing departures by 17,128. Compared
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Business balance positive in 2017, small companies continue to dominate
EconomyFeaturesData from the General Commercial Register database (GEMI) has shown that in 2017, the balance... additional companies registered in 2017 than delisted. Since 2011, a negative balance has been noted in all the years except for 2015, when the balance turned positive by 924 registrations. The available
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Primary cash balance at surplus of 438 mln in May
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 438 billion euros... balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 737 million euros. The overall cash balance landed at a deficit of 2.07 billion euros compared
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingbanks’ balance sheets. The scheme foresees Greek lenders securitising NPLs, with the senior..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... estate assets with total on-balance sheet gross book value of approximately 1.8 billion euros, code
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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.51 billion euros in the first four months... billion euros, below the aggregate target by 1.34million euros. The monthly primary balance for April.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.52 billion euros in the first four months... euros, below the aggregate target by 1.35 billion euros. The monthly primary balance for April came.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance in the first
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020..., below the aggregate target by 3.91 billion euros. The monthly primary balance for June came... month last year, the primary deficit came to 535 million euros. The budget balance in the first six
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Primary cash balance deficit at 8.23 bln in May
EconomyMacroeconomyGreece’s central government recorded a primary cash balance deficit of 8.23 billion euros in the first five months of the year, according to figures released by the Bank of Greece. The cash balance... to a deficit of 5.35 billion euros. The overall cash balance came to a deficit of 11.6 billion euros
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Primary cash balance deficit at 9.27 bln in June
EconomyMacroeconomyGreece’s central government recorded a primary cash balance deficit of 9,27 billion euros in the first half of the year, according to figures released by the Bank of Greece. The cash balance... to a deficit of 6.71 billion euros. The overall cash balance came to a deficit of 13.3 billion euros, compared
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