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Newsletter 22 - 03/04/2015
figures mark a third straight month of decline. 2 Overcoming the conceptual gap Time, goodwill.... The government expects these measures alone to produce at least some 2 billion euros of the 4.6 to 6.1 billion
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ELSTAT sees 2014 primary surplus at 0.4 pct of GDP, debt at 177.1 pct
EconomyMacroeconomy. Debt GG debt eased by almost 2 billion to 317.09 billion euros in 2014 from 319.18 billion in 2013... ratios deteriorated. In particular, the debt/GDP ratio increased by more than 2 percentage points
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Newsletter 23 - 17/04/2015
markedly in the first quarter of this year. Local media claimed that around 2 billion euros of new... of 1.62 billion euros. 2 Compromise now, reckon later? The economy is locked in an ever-asphyxiating
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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgramme. 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... billion euros for a primary surplus of 1.5 to 2 percent of GDP to be achieved for 2015.
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Moody's downgrades Greek bond rating, sees chances of accident rising
Economyan agreement with its official lenders in time to meet upcoming debt repayments. 2) The significant...) An increase in the pace of fiscal consolidation and structural reforms. 2) Sustained economic
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This is how Greece kept its budget on track in Q1
Agoraof the annual target of 1.12 billion. 2) Only 95 million euros, or just 6.6 percent of the annual target of 1.44... percent of the annual target of 1.57 billion. 2) Agricultural subsidies at 65 million in Q1
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomy, bringing the 4-month figure at 15.04 billion, up 2 percent. Compared to targets, the April revenues...-recurring item, the underlying revenue collection shows a drop by 2 percent in April and 1.8 percent
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyso far in May, by 2 billion on May 6 and by 1.1 billion on May 12 taking it to 80 billion. Bank... that Greek banks’ dependency on ELA has further increased by more than 2 billion to 76.5 billion
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgramme, local media report that the fiscal gap is seen at around 2 billion by the institutions and below 1... Tuesday (June 2).
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National Bank posts losses of 159 mln in Q1 2015
EconomyBanking(PPI) eased 2 percent QoQ to 357 million in Q1 reflecting a drop in operating income and expenses... weaker NII from Turkey (down 12 percent in TL terms) and Greece (-2 percent). The lower Greek NII
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