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  1. General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    ) and local governments (-5 million). Increases were noted in hospitals (+67 million), extrabudgetary funds (+45 million) and state budget (+7 million). Since the start of the year, total arrears have... million, representing 71.4 percent of the total debt. Almost no change was seen in several other

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  2. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    , investment spending stood at 17.24 billion euros in the third quarter of 2007, but hovered at just above 5... period, total spending on investments increased again to a peak in 2007 that exceeded 17 billion... of construction represented 70 percent of total spending. This was dominated by house building, which ranged

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  3. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    of the year compared to H1 2018. In total, the bank’s profits in H1 came to 25.7 million euros, down... million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6..., taking the total to 594 million. Eurobank’s net fee and commission income rose by 13 percent YoY to 156

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  4. Newsletter 251 -22/05/2020

    Newsletters

    and boosting entrepreneurship. The plan is costed at a total of 24 billion euros, combining fiscal measures... to businesses worth a total 2 billion euros, tax breaks for landlords. Liquidity to businesses... euros to 13.06 billion euros against last year’s total of 14.63 billion. Overall expenditure

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  5. Credit origination and transmission: Are Greek banks part of the problem or the solution?
    Photo by Harry van Versendaal

    Agora

    on a two-year downward trajectory. As graph 1 below illustrates total lending to the real economy shows... constraints and new credit transmission channels As graph 2 (below) underlines, the total volume... of Greece the total net outflow during these four months amounted to 1.79 billion euros

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  6. Greek central government debt rises to 322.4 bln in Q2

    Economy

    percent of total in Q2 from 66.1 percent in Q1. Long-term bonds amounted to 68.03 billion (21.1 percent of total from 23.2 percent) and T-Bills to 14.97 billion (4.6 percent). Following the last eurozone and International Monetary Fund (IMF) tranches paid within Q2 2014, total disbursements from

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  7. Greek funding needs add to pressure in talks between Athens and lenders

    EconomyProgramme

    for Athens. Starting from this month, Greece has to pay a total of 1.6 billion euros, which comprises 0.7..., obligations rise to 2.5 billion, mainly due to another payment to the IMF of 1.42 billion. Overall, total... redemptions of 6.7 billion, IMF payments of 5 billion and interest payments of 4.2 billion. On top

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  8. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    to be voted on December 5. Macro assumptions Following the better than expected preliminary GDP figures... previous macro assumptions incorporated in the 2016 draft budget published on October 5. GDP is now... interventions for a total of 5.73 billion euros for 2015 and 2016, of which 1.54 billion relate to this year

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  9. HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015

    EconomyBanking

    of the personnel expertise and setting of key performance indicators (KPIs) 5) Investigation of the capital... each. The aggregate figures for this sample shows total loans of 36.2 billion euros, of which 19.9..., with total loan exposure of 14.7 billion euros, of which almost three quarters were NPEs, could form

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  10. Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln

    EconomyMacroeconomy

    financial aid of 212.7 billion euros in total. Of this 52.9 billion relates to the Greek Loan... residual maturity of total debt stock edged up to 16.67 years at the end of June, which... by residual maturity remained almost stable with long-term (more than 5 years) debt making up around

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