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  1. Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...

    6%

  2. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...

    6%

  3. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...

    6%

  4. Cooperatives on Cyprus: Why they were treated differently to banks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of the cooperative sector) and any decision to repurchase the shares from the government will incur

    5%

  5. The wrong prescription
    Photo by MacroPolis

    Agora

    in the process and incur travelling costs.” This explanation appears on page 100 of the OECD’s document. Eight

    5%

  6. Newsletter 60 - 29/01/2016

    Newsletters

    the immediate and local. If a leader as dominant as Chancellor Angela Merkel can incur so much... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot

    5%

  7. Search for solutions, not scapegoats in EU's refugee crisis
    Photo by Joanna Kakissis

    Agora

    as Chancellor Angela Merkel can incur so much wrath over her refugee policy that 40 percent of Germans would... refugees and migrants arrive on its islands to prevent them simply moving on en masse to other

    5%

  8. BoG sees chance of normality returning if review concludes swiftly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    not incur the prescribed sanctions, BoG stresses. Therefore, the central bank concludes

    5%

  9. Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln

    EconomyMacroeconomy

    does not incur the prescribed sanctions, the BoG noted.

    5%

  10. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    services are subject to 13 percent VAT. Food and beverage plus other services sold to clients incur

    5%