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Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August
Economybillion. Moreover, a Jan-Aug primary surplus of 1.36 billion and a budget deficit of 4.0 billion... mark for a second consecutive month, with the Jan-Aug figure landing at 30.5 billion euros, down 7.6... meeting with troika on September 22 that “we are close to converging to a common and realistic estimate
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Drop in revenues drives Jan central government primary cash deficit to 149 mln
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG). The central government net balance also displayed a deficit of 217 million from surplus of 603 million in January
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1
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Greece on alert over Turkish maritime plans, senses EU backing
PoliticsForeign Policyof Angela Merkel’s diplomatic advisor, Jan Hecker. The main aim of the meeting was to bring the two... conditions do not allow surveys in the area. Some others also point to developments in Libya, which... factor that complicates the situation especially vis a vis Turkey’s involvement in Libya and its
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economyto beat targets by 310 million, yet at a slower pace compared to the previous months. The year
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend
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Macroeconomic fundamentals for Greece
Agoragroup of people either cannot work or is truly part of the elderly that are retired and do...). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during..., which will be growing. We estimate for now an underlying structural interest bill of 4 percent
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Newsletter 45 - 02/10/2015
a lower recession for this year at around 1.5 percent vis-à-vis the institutions’ official estimate of 2.3 percent. It may also forecast a milder recession for 2016, compared to the current estimate..., argues that he truly represents the new wave of conservatives who can stand up to Alexis Tsipras. He has
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyGreece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final
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