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  1. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    The Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of...

    9%

  2. Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...

    9%

  3. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...

    9%

  4. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...

    9%

  5. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    in May 2009 as state aid under the law 3723/2008. At the time, the Greek state issued a special... in Alpha and Piraeus currently stand at 2.2 billion and 400 million respectively. The banks’ stock

    9%

  6. Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
    Photo by MacroPolis

    EconomyBanking

    pressure in the future once the draft law on SBL NPL settlement is passed. Operating expenses eased... half of the recorded QoQ improvement of 4 percentage points. Eurosystem funding dropped by 2.2

    9%

  7. Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln

    EconomyMacroeconomy

    waiting for the law on the settlement of unpaid tax obligations. This most likely explains the monthly... of October from 62.55 at the end of 2013. The drop by 2.2 billion year to date reflects payments of 1.42

    9%

  8. Where next for Greece's troubled privatisation programme under SYRIZA?

    Economy

    , the government will respect the press according to the law. b) Safeguard the provision of basic... European Commission review report on Greece. It foresaw revenues of 1.5 billion euros in 2014 and 2.2

    9%

  9. Newsletter 22 - 03/04/2015

    Newsletters

    Focus on meeting obligations Most critical dates for debt repayments this month fall on April 8–9 After successfully covering its funding needs in March, which, at 2.2 billion euros (excluding... an amendment to the law tackling the “humanitarian crisis” that was voted in Parliament on March 19, the state

    9%

  10. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    stood at 2.2 billion euros in March and 0.82 billion in April, while 1.03 and 2.5 billion are due... during a press briefing on Thursday that the state could enforce a law passed in 1951 that allows

    9%