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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgramme, the ESM and the European Central Bank seem to agree that the primary surplus target should be reduced
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Primary cash balance surplus at 5.56 bln in December
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 5.56 billion euros in 2019 according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 1.51 billion euros. The overall
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PM brings law and order back onto agenda as foreign policy issues dominate
PoliticsGreek Politics- and right-wing violence in the wake of an attack on a German journalist in central Athens on Sunday during
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Newsletter 236 -24/01/2020
. Greece’s central government primary cash balance recorded a surplus of 5.56 billion euros in 2019
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PM takes to stage in Davos as migration worries persist at home
PoliticsGreek Politicsthat efforts are being made to try to build trust between the central government and local authorities
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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingThe European Central Bank (ECB) announced last Friday the beginning of the stress test process for 2020, an EU-wide exercise that will be led by the European Banking Authority (EBA) and will examine 35 significant euro area banks, which are directly supervised by the ECB and cover 70 percent
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingAhead of the EU’s stress tests and improving sentiment, Greece’s banks have begun making further inroads into their plans for reducing bad loans on their books. The European Central Bank (ECB) announced last Friday the beginning of the stress test process for 2020, an EU-wide exercise
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomysecurity funds (26 percent). Debt Central government gross debt rose by 3.75 billion euros month
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Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
EconomyMacroeconomyincluded in the ECB’s programme of asset purchases, the central bank president agreed that the economic
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Rise of exports slowed in 2019, with goods suffering dip
EconomyFeaturescomposition of Greek exports remains an issue according to BoG. The central bank's analysis showed
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