Search
-
BoG report outlines benefits of surveillance and scenarios for debt
EconomyBankingrelief are applied, by 2060 the debt is seen well below 100 percent of GDP at 80 percent. BoG examines in scenario 3 primary surpluses lower than 2.2 percent that the Eurogroup assumed, at 1.5 percent.... Scenario 4 looks at the Eurogroup measures but higher interest rates of market access by 100 basis points
6% -
Is a lack of spending hampering Greece's firefighting capabilities?
Societywith this approach, and it is not all down to austerity. Where does the firefighting budget go? The Greek... Service unions. In fact, the total budget for the Fire Service, a major part of which is spent putting... in the 2018 budget, an increase of over 70 million euros over seven years. Between 2011 and 2017
6% -
Newsletter 133
if they are vindicated by the European Court of Human Rights (ECHR). The other was for a gender identity bill... would not oppose the draft legislation. Budget primary surplus at 3.54 bln in August Credit contraction in banking sector eases to 0.9 percent The budget primary balance was confirmed at a surplus
6% -
Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingloans. In 2018, the bank completed three major bad loan portfolio sales, totalling 2.2 billion euros... coverage ratio standing at 48 percent, and total NPE coverage at over 100 percent. The bank... rose by 2.2 percent QoQ 280 million and fell by 2.2 percent on an aggregate basis. The cost to income
6% -
Newsletter 297 - 21/05/2021
on the plans that were included in this year’s final budget back in November, Greece is due... to the increase in the economically inactive population. Budget primary shows deficit of 6.21 bln in April Net... target by 963 million euros. The budget primary balance recorded a deficit of 6.21 billion euros
6% -
Newsletter 333 - 01/04/2022
revealed that a supplementary budget will be tabled in Parliament shortly, allowing the authorities...-income households. Up to now, the budget has not been affected by the electricity bill subsidy... by emissions auctions. The recently announced package requires an ordinary budget contribution of 620
6% -
Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln
EconomyMacroeconomyGreece’s budget execution posted a primary surplus of 3.57 billion euros in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin. This is 33 million euros higher than... of 880 million by October. Similarly, the 11-month budget deficit reached 1.83 billion, 706 million
6% -
Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomyGreece’s budget execution showed a deterioration in September, with the primary balance recording... in Public Investment Budget (PIB) expenditure to 607 million euros from a cumulative figure of less than... surplus of 3.08 billion implies a rise by 21.6 percent. In addition, the budget deficit continues
6% -
Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomyGreece’s budget primary surplus in the first quarter of 2016 was confirmed at 2.67 billion euros... Ministry’s final budget bulletin. The year on year (YoY) improvement mostly reflects a rise in revenues... and an improvement in the Public Investment Budget (PIB) surplus by around 70 million. Compared to targets
6% -
Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June
EconomyMacroeconomyGreece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5... (MoF) preliminary budget execution bulletin displayed on Tuesday. Compared to target, the headline... of 1.06 billion. In addition, the Public Investment Budget (PIB) balance also came in 241 million above
6%