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  1. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    better than target and PIB balance was 216 million lower than expected. Although, revenue targets... of GDP, which is in line with the EAP targets, yet it stands lower than the 1.8 percent forecast

    3%

  2. What next Greece?
    Photo by MacroPolis

    Agora

    . Perhaps lower interest rates and some use of HFSF funds will be enough to offer Syriza a slightly lower

    3%

  3. Greece's extension proposals to the Eurogroup and what they mean
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    . Varoufakis has indicated over the last few days that the government would seek to lower fiscal... extension and/or lower interest rates.

    3%

  4. Greece and eurozone reach tentative deal, much undecided
    Photo by EU Council Eurozone https://flic.kr/p/dUgXKJ

    EconomyProgramme

    for 2015 maybe downward adjusted taking into account the economic circumstances this year e.g. lower GDP... 2012 Eurogroup decision), which indirectly indicates potential lower fiscal targets in the coming

    3%

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

    EconomyMacroeconomy

    year growth rate reached 7.4 percent slightly lower than that of exports (+8.8 percent). Nominal... it expects to further lower its 2015 forecast to reflect the risk of Greece re-entering recession.

    3%

  6. Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites

    EconomyMacroeconomy

    , while there was a marked fall in inventories of finished goods as manufacturers adjusted to lower... against the US dollar. In an effort to boost faltering sales, manufacturers continued to lower

    3%

  7. Eurobank posts loss of 523.7 mln in Q4 2014
    Photo by MacroPolis

    EconomyBanking

    items. In particular, net interest income (NII) was up 4.1 percent QoQ mainly driven by lower... primarily led by an 8 bps improvement in the Greek NIM. The lower deposit cost mainly stems from

    3%

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

    EconomyProgramme

    , the amount of T-Bill rollovers is lower at 2.4 billion. March payments and beyond Greece has also... funds have decided not to invest in T-Bills. Lower spending Another indirect funding source

    3%

  9. Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target

    EconomyMacroeconomy

    million, which reflects a shortfall in revenues (excl tax refunds) by 877 million, lower expenditure... billion, yet it missed the target by 212 million, mainly due to lower personal income tax by 221

    3%

  10. Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY

    EconomyMacroeconomy

    showed a lower drop in net revenues (-1 percent) and a slower rise in March figure (+16.8 percent). Cash... payments rose by 15.9 percent to 2.31 billion, 70 million lower than the budget figure of 2.24

    3%