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  1. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    percent to 351 million, just 29 million short of target, while consumption taxes fell by 3 percent... (including penalties and surcharges), which corresponds to 3 billion. Note that the troika had raised

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  2. Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

    EconomyMacroeconomy

    , mainly reflecting the above 3 percent YoY contraction in each of the first two quarters of 2014... 3 percent. A similar trend was also evident in nominal investments, which soared 24.8 percent QoQ

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  3. A closer look at planned laws for unpaid taxes and home foreclosures

    EconomyMacroeconomy

    of total. Of this amount, the Finance Ministry aims to collect revenues of at least one-third or 3... of this category stand at 2.3 billion, making up just 3 percent of the total amount. In contrast, 326,000

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  4. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    in the domestic economy in the first two months of the year. Revenues from consumption taxes fell 3 percent... 20 Eurogroup decision, which means that Greek banks have an ELA liquidity buffer of 3 billion

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  5. Greece and lenders already at apparent impasse, with options narrowing

    PoliticsGreek Politics

    action.” The government, which submitted the relevant legislation to Parliament on March 3... between 3 and 5 billion euros in liquidity to overcome its shortage over the next few weeks. Athens

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  6. Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it

    EconomyMacroeconomy

    -third of the collectable tax arrears, around 3 billion euros. Regarding the impact these measures would... is lowered to 3 (from 4.56) percent per year. A broadly similar process is provided for social

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  7. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    Martin Schulz also warned in an interview on Thursday that time is running out and that 2 to 3 billion..., Greece has successfully rolled over 4.6 billion of 3- and 6-month T-Bills, which were covered by Greek

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  8. Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
    Photo by MacroPolis

    EconomyBanking

    synergies and 100 percent of funding synergies related to the acquisition of 5 banks (ATEbank, 3... contraction. Eurosystem Eurosystem funding increased by 3 billion euros QoQ to 14.1 billion at the end

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  9. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    on year (YoY). Impairment losses rose 3 percent QoQ to 378 million, while the full year figure... contracted by 3 percent QoQ to 64.9 billion. The 2.2 billion QoQ drop in Q4 in entirely due to its Greek

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  10. Monthly credit flow turns positive in Feb for first time since June 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    . Balances slipped to 13.6 billion with monthly net deductions increasing to 57 million from just 3 million... stable at 3 percent for the second consecutive month, with balances marginally above the 97-billion-euro

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