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On monetary policy and inflation targeting
Agora, the poor will pay most of this bill. In the latest inflation bout, central banks have been behind... the target and there appears some momentum for further upside deviation. Consequently, the central bank... 10 percent, before showing some easing toward the 2 percent objective. The central Bank in Country B
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ND anxious about impact Afghanistan tumble will have on migration
PoliticsGreek Politics, Athens will be hoping that Afghan refugees will remain in Turkey, which Greece considers a safe... not send Afghan asylum seekers back to Afghanistan and that returning them to Turkey “where the Geneva
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IMF comments, blog leave no doubt credible debt relief has to be agreed soon
EconomyProgrammeAlmost two weeks after the publication of its Article IV consultation report on Greece, including its updated debt sustainability analysis, the IMF published on Thursday evening a blog with the Fund’s perspective on dealing with sovereign debt. The article is written by Sean Hagan, general Counsel
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Opposition lines up attack on government over wildfires with visits to affected areas
PoliticsGreek Politicscentral planning and preparation and a lack of government support for local communities. Over 45,000... and community leaders accuse the central government of systematically neglecting the island, sending... on the fires. Hazard pay controversy The latest fires have also reignited the debate over pay
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The ECB's strict rules apply if you dare not comply
Agorathat had borrowed money under the ELA from the Central Bank of Ireland to pay off their creditors... of the European Central Bank's Governing Council in Nicosia. Six of those references were related... that the ECB is also Greece's central bank, having supplied over 100 billion euros to the country’s lenders
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyGreece’s central government primary cash balance posted a surplus of 3 billion euros... in the 10-month central government net balance is more pronounced, with the cash deficit shrinking by 75.2... that the central government figures reported by the BoG are purely on a cash basis, while the respective
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Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec
EconomyMacroeconomyGreece’s central government primary cash balance posted a surplus of 1.42 billion in 2014 from... and is mainly attributed to Public Investment Budget deficit of 857 million euros. The central government... billion euros from 12.79 billion in 2013. The central government figures reported by BoG are purely
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Drop in revenues drives Jan central government primary cash deficit to 149 mln
EconomyMacroeconomyGreece’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... 2014. The central government figures published by BoG are purely on a cash basis, while the respective
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomyGreece’s central government primary cash balance showed a surplus of 503 million in the first two... of Greece (BoG). The central government net balance posted a deficit of 684 million in the 2-month period from surplus of 139 million last year. BoG reports central government figures purely on a cash basis
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Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY
EconomyMacroeconomyGreece’s central government primary cash surplus widened by 54.3 percent yer on year (YoY) to 1.19... last year. Similarly, the central government net balance showed the deficit narrowed by 19.5 percent... billion last year. Bear in mind that BoG reports central government figures purely on a cash basis, while
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