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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also... and emergency services who earn a monthly salary of less than 1,500 euros. Furthermore, 380 million euros
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Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
EconomyMacroeconomyfor a seventh consecutive month to stand at 812 million, declining from September’s figure of 999 million... with the deadline for the ENFIA property tax’s payment being moved to September rather than August. Expenditure... to 38.45 billion or 1.85 billion lower than the target. PIB PIB revenue stood at 57 million euros
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Greek primary budget surplus doubles to 835 mln in Jan but below target
EconomyBudget (PIB) expenditure and tax refunds which more than offset lower expenditure. Revenues excluding... better than the target. The sharp drop mainly reflects a drop in grants to social security sector... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyto 159 million in May, extending the five-month figure to 812 million. The balance decreased to 60.45... deductions of more than 40 billion euros. The sharpest decrease over this six-year period has been... is seen as decreasing by more than 40 billion by the end of 2019. The lion’s share of the pledged
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Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
EconomyMacroeconomy. The overall balance is better than the target by 2.81 billion euros. Revenues Net revenues... by 1.51 billion euros, while transfers were up by 812 million euros. This overperformance is due... in the month. Tax refunds came to 1.72 billion euros, 368 million more than the target. Expenditure
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Newsletter 191 -25/01/2018
will conclude with a primary surplus of more than 3.7 percent, above the 3.5 percent target... by no more than 5 percent. In the meantime, Athens seems to be preparing to go back to the markets... of over 2,500 euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2
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Why Greece is asking for 1.2 bln back from the EFSF
Agorathe country’s debt and the debt to GDP ratio by more than 6 percentage points. Those bonds were... fee (on the nominal amount of EFSF bonds banks have received) of more than 220 million for 2012-2013 c) Interest income from the EFSF bonds and deposits with the Bank of Greece (BoG) of more than 500
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Newsletter 22 - 03/04/2015
than those on February 18, meaning that the banks cannot cover the emerging funding gap of 700..., ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... points in February. This means it is 6 points lower than the recent peak of 102.8 in November
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammein March, is that foreign investors hold more than 50 percent of those securities. Since they are reluctant to rollover their Greek T-Bill holdings as of December, more than 700 million of maturing T-Bills... bound by the ECB not to increase their T-Bill exposure at levels higher than those of February 18
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Newsletter 273 -13/11/2020
related to the coronavirus, with another 310 patients intubated around the country. The number of new... than the three weeks announced by Prime Minister Mitsotakis. He is under pressure to lift or ease.... For loans with a delay of more than 90 days or which have been terminated, the subsidy amounts to 60 percent
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