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March current account deficit at 955.8 mln on improvement in goods balance
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 955.8 million euros in March... was a strong improvement in the balance of goods, where the deficit declined by 476.2 million to 1.48 billion. This combined with a rise in the primary income balance by 80.4 million to offset
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Newsletter 240 -21/02/2020
balance at 498 mln in Jan Current account deficit more than halves to 2.57 bln in 2019 The budget primary balance was confirmed at a primary surplus of 498 million euros in the first month of 2020, below... expenditure came to 234 million, 34 million euros above the target. As a result, the PIB balance
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Fiscal consolidation leads Greek 9-month primary cash balance to 2.76 bln
EconomyMacroeconomyGreece’s central government primary cash balance showed a surplus of 2.76 billion euros... balance is more pronounced with the cash deficit shrinking by 75.1 percent to 2.21 billion euros from... lower than the 2.53 billion posted in the preliminary budget execution bulletin published by the MoF
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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomy. As a result, the December travel balance turned to a deficit of 27.9 million from surplus of 20.8 million.... Overall, the travel balance for 2014 showed a surplus at 11.37 billion, up 10.2 percent, implying a rise by more than 1 billion YoY. As already evident in previous months, the double-digit growth
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Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomy, according to the Bank of Greece (BoG). The outstanding balance fell below the 130-billion mark to 129.92... on the end-November balance of 164.3 billion. The depositor sentiment was initially hurt by political.... The rise by more than 8 billion of the ELA cap within June implies a similar amount of deposit outflows
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Primary cash balance turns to 295 mln deficit in Q1
EconomyMacroeconomyGreece’s central government primary cash balance turned to a deficit of 295 million euros... paid in March. The overall cash balance also posted a deficit of 251 million compared to a surplus...) surplus fell to 95 million in March, while the 3-month figure plummeted by more than 1 billion to 292
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Travel balance falls by 97.3 pct in December, 76.5 pct in 2020
EconomyMacroeconomyGreece’s travel balance came to 778,000 euros in December from 28.6 million a year ago, Bank... to 4.28 billion euros. This is equal to 13.9 billion euros less in travel receipts than 2019. Payments also recorded a drop of 72.1 percent to 766.2 million euros, which took the overall travel balance
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Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
EconomyBankingshift more than 5 billion euros off their balance sheets in the coming months, with the Hercules II... plan codenamed Sunrise that is spearheaded by a significant reduction in bad loans on the balance
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Newsletter 318 - 26/11/2021
” and “without endangering the fiscal balance”. The latest package comes on top of almost 680 million euros... than 1 in 5 respondents saw a significant benefit from the government’s energy support package... has fallen to an all-time low since the party was elected to power more than two years ago
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Bound to lose
Agoraemotions being cut short. Hopefully, any probe will take less than the five interminable years needed... assigns excessive importance to the symptoms, rather than causes, of Greece’s economic, political... such a landmark occasion by speaking more as a party leader, rather than a prime minister. His words
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