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  1. Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports

    EconomyMacroeconomy

    billion. This is attributed to an increase in non-residents’ arrivals by 4.4 percent, albeit at a slower

    10%
  2. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    rise in non-residents’ arrivals by 4.4 percent in July, significantly decelerating from the 12.4

    10%
  3. Crumbling Greek pension system threatens big fiscal gap, budget derailment
    Photo by MacroPolis

    Economy

    corresponds to 4.4 percent of the current OGA pension cost. Unified Auxiliary Insurance Fund (ETEA) ETEA

    10%
  4. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    in their arrears with extrabudgetrary funds’ figure up 47 million YtD to 255 million (4.4 percent of total

    10%
  5. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    ) and France (+22.5 percent), while arrivals from France exhibited a rise of 4.4 percent

    10%
  6. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    ) funding by 4.4 billion to 82.37 billion, while ECB funding eased by 790 million to 39 billion. Since

    10%
  7. This is what the ECB’s comprehensive assessment tells us about Greek banks

    Agora

    provisioning of 4.4 billion euros, impact from the risk-based sample of 2.7 billion and projection

    10%
  8. National Bank reveals capital plan, which includes sale of whole Finansbank stake
    Photo by MacroPolis

    EconomyBanking

    stock of Deferred Tax Assets (DTAs) of 4.4 billion with the bulk of it qualifying as CET1 capital.

    10%
  9. Trade deficit falls by markedly accelerating pace of 24.2 pct in Sept

    EconomyMacroeconomy

    by 4.4 percent. In absolute terms, trade deficit settled at 12.64 billion in the 9-month period

    10%
  10. Greek banks' equity raising could keep official support to a minimum

    Economy

    and an adverse scenario. Their capital needs were identified at 4.4 billion euros under the baseline and 14.4

    10%