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  1. Newsletter 286 - 26/02/2021

    Newsletters

    was negative with a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros.... The deterioration for the whole of 2020 was due almost entirely to a decline in the services surplus... of 10.9 percent. The services surplus fell to 7.27 billion euros, a decline of 65.6 percent

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  2. Services help increase Greek current account surplus to 1.37 bln in June

    EconomyMacroeconomy

    ’ holdings of Greek stocks. Reserve assets remained flat month on month at 5 billion, yet...). The significant improvement mainly stems from an increase in the services’ surplus by 395 million euros, followed..., the services’ surplus surged 18.6 percent to 2.51 billion euros. This is mainly attributed to a marked

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  3. Our most popular stories in 2014

    Agora

    up in court. However, we are still some way from the government having to repay to taxpayers the 2.5... indirect taxes and public service charges as a result of the fiscal consolidation effort that Greece... price inflation by 6 ¼ percentage points between 2010 and 2012. If public service tariffs are also

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  4. Current account surplus reaches 1.68 bln in July thanks to services
    Photo by MacroPolis

    EconomyMacroeconomy

    assets remained flat month on month at 5 billion, while they increased by 0.4 billion YoY.... is due to the rise in the services surplus by 472 million and a narrowing of the income deficit by 139... payments for ships’ purchases. In contrast, the widening of the services’ surplus by 16.4 percent

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  5. Our tragedy: How could this happen?
    Photo by MacroPolis

    Agora

    was paid to investment in the service, leaving Greece with one of the most meagre railway networks... economic crisis doused any hopes of the service being upgraded. Successive Greek governments embarked on huge fiscal adjustment programmes to reign in huge deficits, repay the bailout loans provided

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  6. ND prepares first three bills for votes before Parliament's summer recess
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    their debts, whereas currently the length of time they are given to repay is decided.... Kyriakos Mitsotakis attended a memorial service in Mati hours after announcing that some 4,000... begun testing the emergency messaging service, which was not operational until now despite being

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  7. Landmark Katseli Law ruling hits lenders, eases borrower burden
    Photo by MacroPolis

    EconomyBanking

    and legal landscape for thousands of indebted Greek households and the institutions that service... of repayment - including the applicable interest rate and schedule - so that borrowers can repay over... of expected inflows. That in turn affects the timing and sufficiency of cash available to service senior

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  8. ND, SYRIZA clash over public sector reforms ahead of vote on second govt bill
    Photo by MacroPolis

    PoliticsGreek Politics

    and for the conservatives to have the public administration at their service. Tsipras said that the new provisions... the civil service, suggesting that SYRIZA held back on more appointments because it was looking... that there is no central record of the number currently employed in the civil service and that the number varies

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  9. Bank of Greece publishes revised Code of Conduct for management of NPLs
    Photo by MacroPolis

    EconomyMacroeconomy

    and his future ability to repay his obligations until the end of the settlement period and propose one... into account conservative assumptions on the estimated future borrower ability to repay their loan obligation... is not serviced for at least 60 days, the bank should notify the borrower of the loan obligation within a 30-day

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  10. On the Greek crisis and German imbalances

    Agora

    have also highlighted low domestic investment, consumption taxes and rigidities in the service... a touch of rigid ideology and unprofessionalism, it failed to take advantage of the consensus that existed... is an economy that imports a lot of what it needs in order to produce its exports or even for services

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