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  1. General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and hospitals by 273 and 168 million respectively. Lower rises have been recorded in local governments... at 56.52 billion at the end of March. Lower guarantees reflect a drop in bank support guarantees by 700

    3%

  2. Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    lower of the 5-percent mark from the level of around 7 percent in mid-January, the Bank of Greece... prices, while the execution of future bond transactions would drive GGB yields even lower, the BoG

    3%

  3. EC lowers growth forecasts, sees fiscal targets within reach
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyMacroeconomy

    tax on tobacco as of the beginning of 2017. At the same time, lower primary expenditure mostly... “considerable upside risks”. Potential downside risks involve lower yield of fiscal reforms due

    3%

  4. Newsletter 119 - 19/05/2017

    Newsletters

    billion, mitigated by lower Public Investment Budget (PIB) revenues by 538 million and higher primary... refunds) outperformed the target by 542 million, but lower privatisation revenues and higher tax refunds

    3%

  5. Newsletter 123 - 16/06/2017

    Newsletters

    with lower ECB funding by 819 million. Eurosystem funding has been reduced by 9.69 billion since... underspend. Primary expenditure came in 791 million lower than target. Gross revenues (revenues

    3%

  6. Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . “Because we think that fiscal space is necessary, the lower primary surplus target is necessary to create and to be used to support growth, to support investment, capital spending, lower tax rates

    3%

  7. Newsletter 127 - 14/07/2017

    Newsletters

    rate stood at 2.3 percent, slightly lower than the default rate of 2.3 percent. Meanwhile, Greek... has fallen by 41.46 billion, with just over two thirds of this decrease attributed to lower ELA

    3%

  8. Government stalls possible bond issue, clashes again with judiciary
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that it achieves a lower yield than the New Democracy-led coalition in 2014, when it reached 4.95 percent. This would allow the current government to claim that it has set Greece on a path of lower

    3%

  9. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 458 million, driven by lower than targeted tax revenues in other excise taxes (-9.8 percent..., representing an underspend versus the target (24.22 billion) by 1.04 billion. The MoF stated that the lower

    3%

  10. Greeks' working hours among highest in EU, annual leave below average
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was reported as being lower in the 13 new member states. One sector where Greek workers were reported as working lower than the average working week across the EU was the banking sector. In this sector

    3%