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  1. Conditions for Greek ECCL reportedly outlined in German document
    Photo by MacroPolis

    EconomyProgramme

    in the current account balance. 5) Access to capital markets. Despite the issues of 3- and 5-year bonds until... access is not possible without a safety net. 6) Continued improvement of external balance

    3%

  2. PM and SYRIZA deaf to calls for compromise over president so far
    Photo by MacroPolis

    PoliticsGreek Politics

    for compromise will be after snap elections, when the balance of political power will have shifted..., halting public sector sackings, creating a stimulus package while maintaining a primary budget balance

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  3. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    better than target and PIB balance was 216 million lower than expected. Although, revenue targets.... This compares with a full year target of 1.67 billion, indicating that PIB balance fell short of target

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  4. Newsletter 11 - 16/01/2015

    Newsletters

    fine that support from some undecided voters could be enough to tip the balance in their favour... than its target and Public Investment Budget balance was 216 million lower than expected. At 1.93

    3%

  5. Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec

    EconomyMacroeconomy

    Greece’s central government primary cash balance posted a surplus of 1.42 billion in 2014 from deficit of 6.72 billion in 2013, according to the Bank of Greece (BoG). However, December recorded... net balance for 2014 showed the deficit significantly narrowing by more than two thirds to 4.21

    3%

  6. Greek primary budget surplus halved in Jan as revenues miss target

    Economy

    balance, which showed a surplus of 367 million, down 40.7 percent from last year’s figure and 919.... The Public Investment Budget (PIB) balance displayed a surplus of 51 million in January, compared

    3%

  7. Drop in revenues drives Jan central government primary cash deficit to 149 mln

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG). The central government net balance also displayed a deficit of 217 million from surplus of 603 million in January

    3%

  8. Tsipras makes his point in Moscow but leaves with nothing tangible
    Photo by Vicente Villamón via Flickr https://flic.kr/p/6MoX4Y

    PoliticsGreek Politics

    , although he was careful to balance this by stressing that Moscow and Kiev had to abide by the recent Minsk agreement. The Greek prime minister seems to have struck a good enough balance in his comments

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  9. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    The general government (gg) primary cash balance showed the surplus shrinking by more than two thirds year on year (YoY), landing at 1.02 billion euros in the first two months of 2015 from 3.17... local governments posted a surplus of 202 million, down by just 2.4 percent YoY. The primary balance

    3%

  10. IMF sees Greek growth at 2.5 pct in 2015, debt at 172.7 pct of GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    and lower for 2016 at 25 and 22 percent respectively. The current account (C/A) balance is projected.... The IMF revised upward its estimates on the overall fiscal balance by more than 1 pp for 2015 and 2016

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