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Eurosystem funding drops by 699.8 mln in September
EconomyMacroeconomyaccording to the monthly Bank of Greece's (BoG) financial statement. The total for central bank funding... of 700 million euros in European Central Bank (ECB) funding, bringing the total to 7.51 billion... had fallen below 2 billion euros. In March, it was also revealed that Greece’s four systemic banks
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Newsletter 244 -20/03/2020
, six people had died in Greece after contracting Covid-19 and a total of 464 were confirmed... Authority (ELSTAT) based on figures from the last complete data series as of 2017, a total of 251,419... losses for the total industry due to the coronavirus had so far come to 522 million euros. The survey
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomyeuros, bringing the total figure to a surplus of 171 million euros. The equivalent figure for the same... largest fall was in sales of non-financial assets with a decline of 1.33 billion, taking the total... taking the total to 17.87 billion. Other revenue showed a milder decline of 130 million euros, while
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Newsletter 458 - 04/04/2025
. The total fiscal cost of the intervention is 268 million euros and about 60 pct of the amount emanates... have lost more than 2 percentage points in voting intentions, bringing them to 26.5 pct from 28.6 pct... 1 million passenger vehicles to the US, which in 2023 reached a total of over 40 billion euros
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraconstraints and new credit transmission channels As graph 2 (below) underlines, the total volume... on a two-year downward trajectory. As graph 1 below illustrates total lending to the real economy shows..., the Bank of Greece and the Ministry of Finance.[2] The internal bad bank model for Greek institutions
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Debt relief or debt restructuring for Greece?
Agorain 2010 Greek sovereign debt was primarily held by German[2], French, Italian, Swiss and Japanese... to a total projected debt volume of 322 billion euro end-2013. The debt burden as a percentage of annual... and buyback operations from 2012 – totalling 126 billion euros or 65 percent of GDP - Greece’s total would
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Newsletter 100 - 16/12/2016
that it is not willing to countenance the idea of adopting further measures to close the 2 percentage point fiscal gap... in Berlin on Friday with the impression that the IMF’s demands for another 2 percentage point... conducive to a convergence between both sides. 2 Budget primary surplus surges Primary expenditure
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Newsletter 123 - 16/06/2017
, while the surpluses from 2023 to 2060 would have to be “equal to or above but close to” 2 percent... said that around 2 billion dollars would be made available for Greece, but on hold until the Fund... of the total, relates to tax categories. Overall, the total stock of overdue obligations, including legacy
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Greek household expenditure falls by another 2.5 pct in 2016
SocietyTotal monthly household expenditure fell by 2.5 percent in Greece last year, according... to 1,392.03 euros, down by 2 percent or 28.97 euros compared to 2015’s figure. The average expenditure per month per person came to 538.94 euros in 2016, down by 2 percent or 11.24 euros compared to 2015
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Newsletter 140 -17/11/2017
. Tsipras revealed in a televised address on Monday that of the 1.4-billion-euro total, 720 million... a gap in PPC’s budget for the subsidised services it offers. Tsipras pointed out that the total... expects a growth rate of close to 2 percent of GDP this year. The opposition parties, though, accused
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