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Deposit outflows for second straight month in February, at 548 mln
EconomyMacroeconomyon Tuesday. The outstanding deposit balance slipped to 121.69 billion euros in February, 1.7 billion lower... has dropped by 22.35 billion euros, mostly due to lower ELA funding by 18.78 billion, stabilisation
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Credit contraction accelerates to 2.3 pct in Feb, loan deductions of almost 400 mln
EconomyMacroeconomymarkedly lower from the 205 million recorded in the previous month. Loans to sole proprietors... lower from the previous month. Housing loans fell to 66.84 billion euros on net deductions of 203
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Tsipras plays to domestic gallery over IMF dispute
PoliticsGreek Politicsconcern appears to be that although the IMF advocates a lower primary surplus target for 2018 (1.5...-term. At the same time, he is aware that the IMF’s participation could lead to lower targets
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Bailout talks resume with key issues pending and contingency measures emerging
EconomyProgrammea primary surplus target of 3.5 percent of GDP in 2018. Starting from a lower fiscal base... to 9,091 euros. The institutions propose a much lower figure of 8,182 euros. On this topic, Thomsen
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Greece tops EU tables for lawyers but also pending administrative court cases
Society. General government total expenditure on law courts was lower in Greece than among most western... for this. The foreign business perception of the Greece’s judicial independence was also lower than
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomya rise in revenues and the Public Investment Budget (PIB) balance coupled with lower expenditure... of 132 million euros in March almost 80 percent lower than last year. However, the Q1 PIB surplus
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Demand for hospitals' reserves raises concerns about govt's liquidity position
Economybillion euros, 1.34 billion lower than the target and almost equally split in the first three months... funds were broadly on target, while the underspend largely stemmed from lower payments related
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Asking Greece to stack more austerity measures ignores past failings
Agoramillion, indirect taxes missed by almost half a billion, led by lower than forecasted transaction taxes, notably VAT. The indirect tax intake was even lower than the previous year’s. At the same time
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Ministry's actuarial study shows the devastating impact of the crisis on the pension system
Economyto 2.3 million in 2009 and further to 2.65 million in 2015. The combined effect of lower contributions... shows that the pension reform would result in lower pension expenditure by 1.3 billion (0.66 percent
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyin 2015. The combined effect of higher primary expenditure and lower interest payments led total... billion standing 44 percent lower than the 2009 figure of almost 12 billion.
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