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As easing of lockdown begins, government looks to salvage economy
PoliticsGreek Politicsfrom a year when the Finance Ministry expects GDP to contract by up to 7.9 pct. The centre-right
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New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
EconomyMacroeconomyof which 379.4 million had been paid. The Finance Ministry reported tax revenues of 7.39 billion euros
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 774 million euros in the first three months of the year, down by 1.20 billion 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
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Newsletter 250 -11/05/2020
to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year
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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 of 2020, compared to a surplus of 1.46 billion noted a year earlier, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Friday. The primary surplus was below its target
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Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
EconomyMacroeconomyto the preliminary Finance Ministry (MoF) budget execution bulletin for April. The primary surplus was below
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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingof Finance to opt in the third arm, Cairo III, into the Hercules scheme. Cairo three concerns
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Central government debt increases by 5.81 bln to 361.83 bln in Q1
EconomyMacroeconomyGreece’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
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Newsletter 251 -22/05/2020
quarter, the Finance Ministry's (MoF) debt bulletin showed this week. The current QoQ change
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomyThe 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
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