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Primary cash balance records deficit of 404 mln euros in 4-month period
EconomyMacroeconomy, from a surplus of 205 million euros a year ago. This includes a one-off item of around 2 billion... to 16.51 billion in the 4-month period. Stripping out arrears’ payments, the increase in the total
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SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicsthe absence of a debt deal following the adoption of 2 percent of GDP in new measures by the government... ministers will be able to approve the release of the next bailout tranche, which is expected to total
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European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammebillion, total programme disbursements of 58.6 billion and implementation of short-term debt relief... growth of 3 percent between 2019 and 2060. Moreover, the primary surplus is seen leveling off at 2
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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomybillion euros to 44.2 billion. A further decline in the ELA limit by 2 billion was also announced... of the total withdrawn liquidity. The collateral pledged with BoG and the ECB also fell by 2.7 billion
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesto pre-crisis levels (around 2 billion annually compared to 800 million between 2010-2015... to an annual increase in total tourism investments to 4.5 billion from 3.9 billion in 2010-2015 and 8.6
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Newsletter 130 - 04/08/2017
, the number of SSC settlements increased by more than 20,621 QoQ to 203,724 at the end of June with the total... billion to 38.9 billion until September 7. 2 Retail sales grow by 0.4 pct in May Seasonally adjusted
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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeat around 2 billion euros. The sale of 14 regional airports to Fraport for 1.2 billion is included... SOCAR, the preferred bidder, withdrew. The total deal was worth 400 million. Its collapse left
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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomybillion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion... figure fell by 680 million compared to last year. In total, expenditure increased by 1.41 billion
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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomy-month period showed that primary expenditure declined by 2 percent to 23.18 billion euros... exactly matching the target. As a result, total expenditure dropped by 1.8 percent to 27.55 billion
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Athens outlines 2018 debt management plan for post-bailout era
EconomyMacroeconomy, with escalating coupons that started at 2 percent in 2013 and reach 4.3 percent in 2022 and thereafter... of step up charges from the 2012 debt buy-back as well as the capping of total debt servicing to 15
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