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  1. EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target

    Economy

    Greece’s budget execution showed a primary surplus of 1.57 billion euros in the first quarter of 2014, three times higher than the 520 million recorded in the corresponding period last year... better than target. The high PIB revenues posted in February led the 3-month figure to 2.04 billion

    1%

  2. Eurobank gears up for crucial but contentious capital increase

    EconomyBanking

    ), to sell its shares in the lender at not only less than it bought them last year but less than

    1%

  3. Central gov't cash deficit down to 1.14 bln in March

    EconomyMacroeconomy

    improves to 932 million. Nevertheless, the latter stands 634 million lower than the 3-month preliminary numbers released by the Ministry of Finance on April 14. More than half of the deviation is related

    1%

  4. European Commission review of Greek programme: The key points

    EconomyProgramme

    to 125 percent in 2020 and 112 percent in 2022, which is slightly worse than the agreed targets of 124 percent in 2020 and less than 110 percent in 2022. The deterioration reflects lower forecasts

    1%

  5. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    Greece’s budget execution showed a primary surplus of 1.54 billion euros in the first quarter of 2014, three times higher than the 520 million posted in the corresponding period last year, according... billion, 823 million better than target. The exceptionally strong PIB revenues of 1.56 billion

    1%

  6. 21,717,120,000
    Photo by MacroPolis

    Agora

    on the German bund is at less than 1.5 percent today and fell as low as 1.2 percent last summer. Simply put... deficit for a third of the cost than it did before the crisis broke out. The findings of studies by German

    1%

  7. Greece lays out plans for debt relief from eurozone
    Photo by MacroPolis

    EconomyProgramme

    for a primary surplus from 2013, a year earlier than initially planned, and that it is now the turn of its...’s budget with less than 500 million due to its already very favourable interest rate. Alternative

    1%

  8. Eurobank: From nationalisation to re-privatisation

    Agora

    that transaction no single shareholder controlled more than 5 percent of Eurobank shares. Most importantly... aid to Eurobank. Although the state aid to Eurobank (6.24 billion) is less than half compared

    1%

  9. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    The Greek general government (gg) primary cash surplus in the first quarter (Q1) of 2014 more than tripled to 2.5 billion from 770 million in the corresponding period last year, according the gg... (1.85 billion) and EFSF/ESM/IMF loans (1.3 billion) more than offsetting a net increase in short-term

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  10. PASOK stakes coalition survival on voters’ fear of uncertainty
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    than their rivals. In the 2010 local elections, for instance, almost 55 percent of the mayors elected... backed either by the conservatives or socialists. SYRIZA elected less than 5 percent of Greece’s

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