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What Greece imports and why
EconomyFeaturesand waxes” have a combined value of just under 6 billion euros, or 11.9 percent of total imports... trade deficit is more likely going to involve ramping up exports rather than cutting back exports
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ICU shortages provide opposition with fodder in political battle over Covid-19 strategy
PoliticsGreek Politicson Tuesday along with another 41 deaths, taking the total to 866. The number of patients...The opposition parties are ramping up the pressure on the government over the public health system’s capacity amid claims that there are no more ICU beds available for Covid-19 patients
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SYRIZA ponders election footing, slow vaccination rollout rate troubles govt
PoliticsGreek Politicsreceived the first dose of the vaccine on Monday, equal to 0.46 percent of the total population... to the criticism, government officials have promised a gradual ramping up of the programme, which they say
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Covid-19 stretches health system again, putting reopening of shops in doubt
PoliticsGreek Politicsto public health. On Tuesday, 357 Covid-19 patients were in ICU units in Attica, almost 90% of total... the result of a ramping up of testing, which had dipped considerably over the previous 10 days or so. More
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyin the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last... funds' arrears rose by 141 million MoM to 2.47 billion making up half of total arrears. Hospitals’ arrears followed suit accounting for 18 percent of total. In absolute figures, they hiked to 904
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyof total arrears. These two gg entities also recorded the highest rise in arrears year to date at 300... budget arrears increased by a modest 9 million MoM to 144 million (3.7 percent of total), while local governments’ arrears remained almost stable at 239 million (6.2 percent of total). In contrast
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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
Economyof total ELA-eligible collaterals, at 45 and 30 percent of total respectively. Taking into account the breakdown of total collateral by type, the collateral poll is almost equally split between state..., the total figure stands at 115 billion. Assuming an average haircut of 40 percent, the nominal
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyto the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget... million corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also
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Greek banks complete book building: A recap of where we stand
Economyparticipation has been completed. Alpha and Eurobank covered their total capital needs without any state aid... support to Greek core banks will reach 5.43 billion euros in total for the two banks. In addition... round of Greek bank recapitalisation for each bank Alpha The bank’s total capital needs (under
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General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend
EconomyMacroeconomyto date, reaching 3.07 billion and making up 43.6 percent of total arrears. Hospitals’ arrears stood at 1.15 billion (16.3 percent of total) having risen by 215 million in the course of the year, while.... In addition, tax refund arrears stood at 1.26 billion euros, accounting for almost 18 percent of total
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