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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyin November with the 11 months figure down 7.3 percent to 39.27 billion. Furthermore, the marked drop... for all homes with an objective value of up to 300,000 euros, which expires at the end of the year
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December fails to boost Greek retail sector: Sales fell by 6.7 pct
Economyanother challenging year in 2014 as consumption is not expected to pick up before 2015. Despite... consumption further declining by 1.6 percent, albeit decelerating from the 6.7 percent drop in 2013
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Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
EconomyMacroeconomyThe Bank of Greece (BoG) released on Thursday the much anticipated report on Greek banks’ capital needs resulting from a follow-up stress test including the outcome of the new Blackrock loan... in 2015 and 3.7 percent in 2016 Drop in real disposable income by 0.7 percent in 2014 turning
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Greek industrial production falls in March after three months of rises
EconomyMacroeconomyin the preceding three months. Following revisions and the March performance, the 4-month index is marginally up... in the preceding two years. All major industrial sectors retreated in March with the highest drop recorded
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyfunding shows a year to date decline of 11.05 billion, while the respective drop stands at 59.24 billion... late 2008. The initial amount of state guarantees was set up to 23 billion and that threshold was later
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Central gov't cash deficit shrinks to 1.27 bln in April
EconomyMacroeconomypercent drop. The respective 4-month budget item stood at 13.84 billion, corresponding to a deviation... of 898 million, up 1.6 percent, also in line with the 4-month budget item. Reconciling the BoG figures
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Historic victory for SYRIZA in EU vote unlikely to dislodge Greek coalition
PoliticsGreek Politicsopposition party could point to the fact that New Democracy and PASOK (Elia) saw their share of the vote drop... in Greece’s 13 districts came out on top. This goes only part of the way, though, towards making up
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyin April), which led the 5-month figure up 4 percent to 18.57 billion. In addition, the strong revenue... billion dragged by higher tax refunds. The drop in primary expenditure accelerated in May to -3.3
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Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomyticked up to a 10-month high, but factory gate prices continued to fall. The rate of growth... the output growth was sustained in June mainly through progress on outstanding business, the rate of drop
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After landmark return in April, Greece prepares to tap bond markets again
Economymaturities. Bond issues with 3- to 7-year maturity would build up the yield curve. The first issue had... drop of T-Bill yields within 2014. Following a reduction by just 23 bps in 2013, the yield
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