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  1. Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the preliminary Finance Ministry (MoF) budget execution bulletin for April. The primary surplus was below

    2%

  2. Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    of Finance to opt in the third arm, Cairo III, into the Hercules scheme. Cairo three concerns

    2%

  3. Central government debt increases by 5.81 bln to 361.83 bln in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government debt increased by 5.81 billion euros to 361.83 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2020, from 356.01 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Tuesday. The current QoQ change is the second

    2%

  4. Newsletter 251 -22/05/2020

    Newsletters

    quarter, the Finance Ministry's (MoF) debt bulletin showed this week. The current QoQ change

    2%

  5. April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 1.52 billion euros in the first four months of 2020, compared to a surplus of 1.46 billion noted a year earlier, the final Finance Ministry (MoF) budget execution bulletin for April showed on Monday. The primary surplus was below its target by 2.30

    2%

  6. BoG governor renews calls for launch of bad bank and ESM use
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    to the parliamentary committee, Deputy Finance Minister Giorgos Zavos, who oversees the financial system, said

    2%

  7. Gloomy preliminary results for Aegean as state support talk gathers pace

    EconomyFeatures

    is also included in plans by the Greek authorities to set up a fund that will co-finance companies

    2%

  8. GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY

    EconomyMacroeconomy

    , the Ministry of Finance revised its estimations for 2020 and 2021 in the latest Stability Programme

    2%

  9. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash deficit came to 1.85 billion euros in the first four months of the year compared to a surplus of 1.73 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year

    2%

  10. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 4.80 billion euros in the first five months of 2020, compared to a surplus of 916 million in April 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for May showed on Monday. May’s preliminary budget had been widely anticipated

    2%