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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1
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BoG provides details of ambitious plans to slash NPLs via SPV
EconomyBanking(senior, mezzanine, subordinated junior/equity). The lower class of notes will be subscribed... (mezzanine). Additionally, the ability to absorb added losses through the transformation of deferred... of repayment of the senior bond classes (senior, mezzanine). Servicing companies for loans and credits
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Hercules nears end of its first cycle with National Bank's participation
EconomyBankingof three tranches of senior notes of 2.4 billion euros, 1.5 billion in mezzanine and 3.6 billion euros of junior notes. Eurobank kept all the senior notes and 5 pct of the mezzanine and junior notes. doValue purchased 20 pct of the mezzanine notes and the minimum requirement for the junior notes
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Newsletter 283 -05/02/2021
, 1.5 billion in mezzanine and 3.6 billion euros of junior notes. Eurobank kept all the senior notes and 5 pct of the mezzanine and junior notes. doValue purchased 20 pct of the mezzanine notes..., according to the Bank of Greece. The central bank estimates that after all banks complete
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also
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Public deficit and democratic duty
Agoragoing to make wrong decisions,” Korean economist Ha-Joon Chang recently said in an interview... looked at the numbers. It is here that the ignorance Ha-Joon Chang refers to is exploited by those... going on and they don’t want to understand what’s going on,” said Chang. That is why understanding
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Political wrangling instead of vaccines
Agoraconsequences of the infection, 1,300 doses have gone to waste in Prijedor this week. They were supposed... for storing the vaccines," stated Slobodan Javor, Acting Director of the Health Center Prijedor. This case is being investigated by the District Public Prosecutor's Office in Prijedor, in order
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyof previous years’ arrears on the expenditure line. The ministry reiterated its latest estimate for a 2013 primary surplus at general government level at 812 million, with the 11-month state budget figure... of 400 million on the annual estimated revenues. MoF sources indicate that an omnibus bill
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