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  1. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    Greece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG). The 5-month primary cash balance exhibited a similar pattern posting a surplus of 1.06 billion in 2014 from

    3%

  2. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    6.2 percent in 2008. Citing Labor Ministry and OAED figures, the report shows that the net balance... The marginal balance between inflows and outflows is expected to turn negative as of 2016, according to GSEE

    3%

  3. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    to a primary surplus of 1.57 billion in July. The weaker primary budget balance in August is attributed... than target). Revenues and the Public Investment Budget (PIB) balance fell short of their targets

    3%

  4. Greek central government primary cash surplus to August at 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government primary cash balance turned to a surplus of 2.32 billion in the 8-month period from deficit of 3.21 billion last year, according to the Bank of Greece (BoG). This implies a fiscal consolidation of 5.53 billion year on year. The net balance on a cash basis showed

    3%

  5. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    damage of the austerity imposed on Greece was the destruction of Greek banks’ balance sheets, with 22... sector, Greek banks still face uncertainty. Their balance sheets were not done any favours

    3%

  6. ECB stress tests and what they will mean for Greek banks
    Photo by MacroPolis

    Economy

    on banks’ static balance sheet at the end of 2013. However, the ECB is due to release another set of data based on dynamic balance sheets applicable to banks. This includes restructuring plans approved

    3%

  7. Primary surplus narrows to 2.4 bln in October as revenues miss target

    Economy

    shortfall as well as lower Public Investment Budget (PIB) balance (by 708 million). The comparison... to the fiscal outperformance. The PIB balance showed a deficit for the fourth consecutive month in September

    3%

  8. Central gov't cash surplus rises to €3 bln in October despite drop in revenues

    EconomyMacroeconomy

    Greece’s central government primary cash balance posted a surplus of 3 billion euros in the 10-month period from deficit of 3.42 billion last year, according to the Bank of Greece (BoG). This implies... in the 10-month central government net balance is more pronounced, with the cash deficit shrinking by 75.2

    3%

  9. 2014 is not 2012
    Photo by MacroPolis

    Agora

    eurosystem funding is 12.1 percent of the combined 346.4-billion-euro balance sheets of the four... was to bring eurosystem dependency below 15 percent of the combined balance sheets in 2017, a target

    3%

  10. Greek primary cash surplus up to 2.61 bln at end of November

    EconomyMacroeconomy

    Greece’s central government primary cash balance showed a surplus of 2.61 billion euros in the 11-month period from deficit of 4 billion in the same period last year, according to the Bank of Greece...’s figure of 756 million. The 11-month central government net balance recoded a higher fiscal

    3%