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Central government debt increases by 2.16 bln to 356.01 bln in Q4
EconomyMacroeconomyGreece’s central government debt increased by 2.16 billion euros to 356.01 billion euros quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2019, from 353.85 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday. The current QoQ change interrupts
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Primary cash surplus at 132 mln in January
EconomyMacroeconomymonth of 2020, below target by 771 million euros, the Finance Ministry (MoF) final budget execution
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingThe Greek government’s Hercules scheme for reducing bad loans on the books of the country’s four systemic banks received its first application on Tuesday from Eurobank. According to a press release by the Ministry of Finance (MoF), the application relates to two of the bank’s three securitisations
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Authorities struggle with islanders' resistance to closed centres for migrants
PoliticsGreek Politicsand swifter asylum processing. In Parliament, former finance minister Euclid Tsakalotos questioned
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 495 million euros in the first month of 2020, below target by 773 million euros, the Finance Ministry (MoF) final budget execution bulletin showed on Friday. In the same period last year, the primary surplus came to 729 million euros
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyjust short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 899 million euros in January, down by 475 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline
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Govt steps up policy response, hoping to impede Coronavirus
PoliticsGreek Politics. The Finance Ministry announced a preliminary package of measures to support businesses that have closed
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Newsletter 243 -13/03/2020
to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year
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Govt ratchets up coronavirus measures, while planning further support for economy
PoliticsGreek Politicsto support them. Following consultation with the banks, the Finance Ministry also hopes to secure
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