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Primary cash balance records deficit of 434 mln in first six months
EconomyMacroeconomywere paid during June. The overall cash balance also posted a deficit of 890 million compared to 526... that revenues fell by 115 million to 3.40 billion in June. The figure for the six-month period also fell by by 355 million to 20.34 billion. Expenditure rose by 269 million to 4.08 billion in June after
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Newsletter 130 - 04/08/2017
at the June 15 Eurogroup, where the creditors urged Athens to ensure that he does not face further... by 227 million to come to 325.39 billion, the fourth fall this year. June’s figure was largely driven... fell by 3.42 billion in June to end the month to 52.03 billion. The drop is entirely attributable
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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomy. The month-on-month decline is the most substantial for the year so far and the highest since June 2016... is the lowest reading since June 2014. The monthly movement is driven mostly by a fall in Emergency Liquidity Assistance (ELA) funding by 3.70 billion euros, the largest drop since June 2016. Additionally
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Newsletter 153 -2/03/2018
in time for the June 21 Eurogroup in Luxembourg, by which time the lenders are due to have settled... on the fringes of Greek politics since being replaced as DIMAR leader in June 2015. Nevertheless, Kouvelis... between the two remains substantial at 9.7 percentage points, it should be highlighted that last June
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After unveiling growth plan, Athens has fourth review loose ends to tackle
EconomyProgrammethat they have to wrap up the preparation of the remaining prior actions by June 10-12 so the relevant legislation, along with the Medium-Term Fiscal Strategy can be voted through Parliament ahead of the June 21... deliverables will have to be submitted in the first full week of June, possibly ahead of the Euro Working
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All eyes on Washington Group's attempt to break debt relief deadlock
EconomyProgrammewill be taken at the end of June, although it is not clear if this was a reference to the June 21 Eurogroup... for Greece, Declan Costello, indicated that reaching such a comprehensive agreement by June 21 remains... to pass a multi-bill by June 14 in order to settle the legislative part of the process
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Consumer confidence at highest since January, economic sentiment stable
EconomyMacroeconomyGreece’s economic sentiment (ESI) edged up by 0.2 points in June to 101 points, European Commission (EC) figures showed on Thursday. As of June’s reading, the index has remained above 100 points... points in the year so far. Compared to June 2018, the ESI has fallen by 1.1 points. Consumer
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Newsletter 212 -28/06/2019
sentiment (ESI) edged up by 0.2 points in June to 101 points, European Commission (EC) figures showed. As of June’s reading, the index has remained above 100 points for five consecutive months. Compared to June 2018, the ESI has fallen by 1.1 points. Consumer confidence improved by 1.7 points month
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Newsletter 222 -04/10/2019
negative reading since June 2016. Greece’s retail sales index decreased by 2.7 percent in July, following an upward revised increase of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data... negative reading since June 2016 when the reading came to -5.2 percent. The corresponding volume index
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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomyupward revised of 17.1 percent in June, Hellenic Statistical Authority’s (ELSTAT) data showed... also stood at 16.9 percent. During July, employment decreased by 10,167 people compared to June... in July versus June, a reduction of 1.4 percent. On an annual basis, the decline came to 109,577
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