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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomythe second highest contributor to the overall gg balance. Social security funds’ primary surplus shrank by almost 58 percent to 173 million euros from 410 million last year. But their balance posted... stock. The outstanding balance stood at 715 million euros at the end of November, with state budget
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomy. The evolution of the employment balance in the course of 2015 displayed positive readings in the February... peaked at 56,473 in October. The biggest positive contributors to the employment balance in December... of -125,944 over this 15-year period was posted in 2011. The employment balance since 2008 is negative
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Club Med in Washington
Agorahigh unemployment rates and weak balance sheets of financial institutions will weigh on economic... are their rising NPLs. Exposure to NPLs on lenders’ balance sheets amounts over a fifth of the total loan... the parent company, once a lender runs into major balance sheet problems, the Fondazioni
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Marginal deposit flow in April for second straight month
EconomyMacroeconomy(BoG) data showed on Tuesday. The outstanding deposit balance slipped for the fourth successive month... in the Greek market remains negative with outflows of 1.65 billion, while the overall balance since last... deposit balance landing at 8.84 billion, of which 4.86 billion relates to central government, 2.28 billion
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General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln
EconomyMacroeconomyin the primary cash balance of the extrabudgetary funds, which turned from a deficit of 359 million... in the corresponding period last year. In addition, local government recorded an increase in their primary cash balance... terms though, state budget remains the major contributor to the overall gg balance. According
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Primary cash surplus to Nov at 3.6 bln, including arrears repayment of 3.4 bln
EconomyMacroeconomycash surplus widened by 2.48 billion to 6.96 billion. The reported monthly balance was negative... repayment, the comparable balance displayed a surplus of 746 million from a deficit of 362 million.... The Public Investment Budget (PIB) balance posted a small surplus of 83 million in November. However
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Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln
EconomyMacroeconomy’ repayments of 41 million. The overall cash balance also recorded a surplus of 183 million but was down..., the Public Investment Budget (PIB) balance posted a sharp drop in its surplus to just 99 million from 429... primary balance mostly reflects shrinking revenues. As we have said in the past, the budget execution
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankingeuros in their balance sheets. Eurobank sold a pool of unsecured consumer loans with a nominal value... million euros of those loans remained on the balance sheet while the remainder was written off...-performing loans and derisking its balance sheet. The bank has communicated that 500 million euros
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Deposit inflows of 272.9 mln recorded in November
EconomyMacroeconomy. The figure is the second positive reading in a row after September’s negative balance of 47.2 million. Overall, the outstanding balance of private sector deposits increased to 123.87 billion euros..., which offset a negative balance of 909.2 million in savings. Total deposits – which also include
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Banks receive deposit inflows of 2.54 bln in December
EconomyMacroeconomy. Overall, the outstanding balance of private sector deposits increased to 126.35 billion euros..., as well as a positive savings balance of 612.1 million. The savings balance for 2017 is the first
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