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  1. Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    two months of the year stood at 11.8 billion euros, lower than the target by 959 million euros

    3%
  2. Primary cash balance deficit at 2.72 bln in February
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . In the same period of 2020, the PIB balance showed a lower deficit of 60 million euros, meaning that during

    3%
  3. Tales from the Region #4

    Agora

    "Sputnik V". But these are drastically lower numbers than those promised by the government since December

    3%
  4. NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
    Image via www.nbg.gr

    EconomyBanking

    , with net repo exposure amounting to around 300 million euros. The significantly lower funding terms under

    3%
  5. Budget primary deficit confirmed at 1.5 bln in Feb, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first two months of the year stood at 11.8 billion euros, lower than the target by 959 million

    3%
  6. Banks tout ambitious NPE plans to return to European mainstream
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    last year, at the expense of lower interest income arising from these holdings in the years to come

    3%
  7. General govt primary cash deficit at 1.99 bln in February; arrears jump
    Photo by MacroPolis

    EconomyMacroeconomy

    , followed by sales of non-financial assets, which were 116 million euros lower. Taxes increased

    3%
  8. IMF expects modest recovery, lingering debt but primary surplus to return swiftly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to 3.6 pct in the last quarter of next year. This year’s estimate is marginally lower than the one

    3%
  9. Building permits increase by 6.4 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    permits for 2020 came to roughly 80 percent lower than the 2005 peak. Much of the current building

    3%
  10. New tax debt at 1.63 bln February, rising by 1.03 bln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 1.03 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 1.63 billion euros, lower than the figure for the same period last year by 2.4 percent. New unpaid obligations from

    3%