Search
-
Business balance positive in 2017, small companies continue to dominate
EconomyFeaturesData from the General Commercial Register database (GEMI) has shown that in 2017, the balance... additional companies registered in 2017 than delisted. Since 2011, a negative balance has been noted in all the years except for 2015, when the balance turned positive by 924 registrations. The available
14% -
Primary cash balance at surplus of 438 mln in May
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 438 billion euros... balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 737 million euros. The overall cash balance landed at a deficit of 2.07 billion euros compared
14% -
Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingbanks’ balance sheets. The scheme foresees Greek lenders securitising NPLs, with the senior..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... estate assets with total on-balance sheet gross book value of approximately 1.8 billion euros, code
14% -
Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.51 billion euros in the first four months... billion euros, below the aggregate target by 1.34million euros. The monthly primary balance for April.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance
14% -
Primary cash balance deficit at 8.23 bln in May
EconomyMacroeconomyGreece’s central government recorded a primary cash balance deficit of 8.23 billion euros in the first five months of the year, according to figures released by the Bank of Greece. The cash balance... to a deficit of 5.35 billion euros. The overall cash balance came to a deficit of 11.6 billion euros
14% -
Primary cash balance deficit at 9.27 bln in June
EconomyMacroeconomyGreece’s central government recorded a primary cash balance deficit of 9,27 billion euros in the first half of the year, according to figures released by the Bank of Greece. The cash balance... to a deficit of 6.71 billion euros. The overall cash balance came to a deficit of 13.3 billion euros, compared
14% -
Primary cash balance deficit at 8.67 bln in July
EconomyMacroeconomyGreece’s central government recorded a primary cash balance deficit of 8.67 billion euros up to July, according to figures released by the Bank of Greece. The cash balance for the same period last... euros. The overall cash balance came to a deficit of 13.1 billion euros, compared with a deficit
14% -
On Portugal, PSI and a national salvation pact
Agoraa corporation or an individual, needs to be able to service its debt at some point in the future. Today... year. In order to service its debt, Portugal would need to be able to generate cash flow before... a primary budget surplus of 4.3% of GDP. Portugal has had a negative primary budget balance for over
14% -
Employment balance positive by 27,233 in Feb; highest since Sept
EconomyMacroeconomyThe employment balance was positive with 27,233 more hirings than people leaving their jobs... last year, the employment balance improved by 2,366. Perhaps the most notable aspect of the data... percent, respectively. All age brackets recorded a positive balance in the month. The highest positive
14% -
Jan delivers most negative hiring balance since 2017
EconomyMacroeconomyGreece’s employment balance turned negative in January, with 27,611 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in January... reading since the same month of 2017, when the balance was close to -30,000. Total hirings in January
14%