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  1. Cash deficit widens as Greece pays off state arrears

    EconomyMacroeconomy

    The central government net balance to September on a cash basis showed the deficit widening to 8.88 billion euros from 6.53 billion last year, according to the Bank of Greece (BoG). At the same time, the primary cash deficit also expanded to 3.32 billion from 543 million. It is worth noting

    4%
  2. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    by 130 percent to 3.75 billion, mainly owed to higher general government net transfer receipts from

    4%
  3. Disposable income plunged 9.3 pct in Q2, dragging consumption down with it

    EconomyMacroeconomy

    disposable income, increased to 8.7 percent from 6.7 percent last year. At the same time, net

    4%
  4. October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013

    EconomyMacroeconomy

    , the net impact on the gg bottom line was slightly positive at 85 million in September compared

    4%
  5. Cash deficit to October widens to 9.1 billion euros

    EconomyMacroeconomy

    The central government net balance to October on a cash basis showed the deficit widening by 34 percent to 9.08 billion euros from 6.78 billion last year, according to the Bank of Greece (BoG). At the same time, the primary cash deficit also expanded to 3.42 billion from surplus of 543 million

    4%
  6. Credit origination and transmission: Are Greek banks part of the problem or the solution?
    Photo by Harry van Versendaal

    Agora

    of Greece the total net outflow during these four months amounted to 1.79 billion euros

    4%
  7. C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year

    EconomyMacroeconomy

    owed to higher general government net transfer receipts from the EU, also including the SMP income

    4%
  8. Trade deficit soared 27.4 pct in Sept, down 13.6 pct for year

    EconomyMacroeconomy

    in the current transfers surplus mainly owed to the SMP income as well as higher general government net

    4%
  9. After Q3 results, what next for Greek banks?

    Agora

    The announcement of Greek banks’ third quarter (Q3) results did not result in any major surprises, while at the same time confirming expectations of a domestic net interest income (NII) rebound, cost containment and deceleration in the increase of non-performing loans (NPLs). As expected, banks

    4%
  10. Debt relief or debt restructuring for Greece?

    Agora

    debt. The net effects were company closures and job losses in the sector. c. A third constituency

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