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Developments in Greece produce volatile market reaction
Economylower than initially anticipated. In the following week (October 27-31) Greek banks shares ended 12.5 percent lower, thereby offsetting the preceding week’s gains. Since the beginning of the year
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomywith the 10-month budget figure of 37.55 billion, BoG cash revenues are lower by 472 million. On the cost... figure of 39.65 billion euros showed the BoG underlying item is lower by 368 million. Interest payments
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Fitch keeps Greek rating at 'B' with stable outlook
Economy, slightly lower than the official estimates of 0.6 and 2.9 percent respectively. However, it points out... notches lower than that of the other two rating agencies. The next credit rating review
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyof 0.6 percent and slightly lower those for 2015 (2.9 percent). The OECD notes..., which could also hold back economic recovery given the high level of non-performing loans and 4) lower
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Small rise for Greek manufacturing PMI in November
EconomyMacroeconomydeclining slightly faster than in the previous month. In addition, lower workloads resulted in further job... declined at the fastest rate in the last three months. This was mainly attributed to lower charges
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomypercent is similar to that in Portugal and Ireland and only lower than that of Finland (24 percent... the significant rise in the standard VAT rate from 19 to 23 percent in July 2010 and in the lower VAR
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomy, 673 million better than target. The overperformance is down to lower expenditure (by 1.35 billion... two months stems from lower income tax related to the uncertainty caused by the recent law allowing
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Greek primary cash surplus up to 2.61 bln at end of November
EconomyMacroeconomy). In November, the primary cash deficit reached 274 million euros, some 500 million lower than last year... figure of 2.82 billion. This is 713 million lower than the 3.53 billion recorded in the preliminary
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
Economybetter than target and PIB balance was 216 million lower than expected. Although, revenue targets... of GDP, which is in line with the EAP targets, yet it stands lower than the 1.8 percent forecast
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What next Greece?
Agora. Perhaps lower interest rates and some use of HFSF funds will be enough to offer Syriza a slightly lower
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