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Greece prepares for a 3-year benchmark bond issue
Economywould help to build up the yield curve. It also aims to take advantage of the current low interest rates... at a yield of 2.05 percent, down 10 basis points from last month’s auction. The cumulative drop
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Greek primary budget surplus reaches 712 mln in first half of 2014
Economyincrease in May. The year to date figure stood at 22.21 billion euros, up 3.9 percent. The revenue... cumulative tax debt stood at 66.37 billion at the end of May. Despite a month on month drop in tax
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NPLs: The Achilles heel of the Greek banking system
AgoraAdjustment Program, the European Commission (EC) came up with a higher number of the total NPL ratio... drop within 2013. The BoG figure indicates a 8.5 pp increase. Similarly, housing loan NPL is seen
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomy, the underlying figure settles at 20.6 billion, up 1.6 percent. In the 5-month period, the respective figure... a single-digit drop of 6.5 percent to 23.44 billion. The respective 5-month budget figure stood
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Most Greeks saw income fall over last year, limiting purchasing power
Societyquarter, a third of salary earners say they have seen their income drop further. In most cases (82... and beverages remains at high levels, at 24 to 43 percent. In contrast, up to 18 percent declared
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Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
EconomyBankingnewspaper in an interview published on Sunday. The HFSF’s original paid-up capital stands at 49.7 billion... according to the fund’s Q1 2014 financial statements. The drop of the value of HFSF shareholdings
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomyto the overall gg balance. The highest portion is made up by extrabudgetary funds and the state budget... a net drop of 71 and 40 million year to date. The bulk of social security funds’ arrears stems from
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Greek cash deficit to July narrows 78.3 pct to 1.72 bln
EconomyMacroeconomyrevenue performance in July (up 14.2 percent). Compared to the 7-month budget figure of 26.25...’ contribution to ESM - the underlying figure showed a single-digit drop of 6.1 percent to 28 billion
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Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
EconomyMacroeconomy-alcoholic beverages (down 2.4 percent) showed the highest drop. A slower decline of 1.3 percent... in May, when it temporary shot up to -2 percent. In 2013, the CPI slipped by 0.9 percent for the first
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyincome tax instalment, which was due by the end of July. However, a large number of taxpayers owing up... resumed again an upward trend in August showing a slight rise of 0.6 percent after a 3.2 percent drop
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