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The tie that binds
Agora, unpaid taxes continue to pile up and have passed the 100-billion-euro mark, more than 20 percent... for the interest payments and amortisation of more than 95 billion euros lent to Greece as part...) and the disbursal of more than 3 billion euros to buy back some of the 10.4 billion euros that Athens owes
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A Greek form of Triangulation
Agoraplan very well. It was evident in last summer’s elections, which were more of a procession than... not forced to vote for it. Within less than 24 hours, SYRIZA and PASOK had changed their position... in your favour. The mainstream media scrutiny of the government’s policies is usually nothing more than
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EU Council boosts recovery fund hopes, falls short on Turkey
PoliticsGreek Politicsto adopt conclusions on Turkey that were less decisive than the Greek side was hoping for. Although... economy is set to contract by more than 10 pct this year, these funds are vital to the government’s... proposals regarding how it plans to use the available funds, with more than 50 pct going on projects
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Primary cash surplus at 832 mln in February
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 832 million euros in the first two months of the year, Bank of Greece (BoG) figures have shown. The cash balance for the same... buffer. The overall cash balance posted a deficit of 380 million euros compared to a surplus of 843
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Newsletter 233 - 20/12/2019
the operations of Credit Servicing Firms (CSFs). The bank collects quarterly balance sheet data of CSFs... Expenditure drops to drive surplus for the month The budget primary balance recorded a surplus of 6.95... to 38.27 billion euros below the target by 1 billion euros Primary cash balance surplus at 6.31 bln
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Current account shows deficit of 1.29 bln in January
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 1.29 billion euros in January, from... is attributable to a deterioration in all balance of payments components, excluding the balance of goods. The deficit for the balance of goods came to 2 billion euros, down by 9.2 percent YoY
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Current account shows deficit of 1.4 bln in May as imports rise
EconomyMacroeconomyeuros in April, Bank of Greece (BoG) data showed on Wednesday. In May 2020, the balance showed...-on-year (YoY). According to the BoG, May’s performance is mainly due to a worsening in the balance of goods and, to a lesser extent, the services balance, which was partly offset by an improvement
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Current account shows deficit of 1.34 bln in June as tourism begins to come back
EconomyMacroeconomyeuros in May, Bank of Greece (BoG) data showed on Friday. In June 2020, the balance showed...). According to the BoG, June’s performance is mainly due to an improvement in the services balance... by a deterioration in the balance of goods. The deficit for the balance of goods came to 2.08 billion euros
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Credit growth slows to 0.8 pct in Aug, lowest for 2021
EconomyMacroeconomyof 532-million-euro in July. The outstanding balance decreased further to 122.12 billion in August, from 122.49 billion euros in the previous month. The corporate lending balance's net monthly flow was negative by 190 million in August, from a net decrease of 313 million in July, taking the balance
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Credit expansion slows to 0.7 pct in Sep as loans to enterprises lead way
EconomyMacroeconomyin August. The outstanding balance continues to decrease to 119.05 billion euros, from 122.12 billion in August. The corporate lending balance's net monthly flow was also positive by 603 million euros, from negative of 190 million in August, taking the balance to 65.63 billion euros. Flow of credit
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