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  1. Newsletter 178 -12/10/2018

    Newsletters

    years, after a total surplus of 0.7 percent in 2016 and 1.1 percent in 2017. It also underlines..., Greece turned around a total deficit worth 15.1 percent of GDP in 2009. In the previous FM issued in April the IMF anticipated a total deficit of -0.1 percent of GDP. The methodology used is in line

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  2. General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year, total arrears have fallen by 740 million, with declines seen in four out of the six subcategories... governments (+12 million euros). ​At 28.4 percent of the total, tax refund arrears of made up... loans edged down by a slight 2 million, and represented 71.5 percent of the total debt. In the other

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  3. Newsletter 195 -22/02/2019

    Newsletters

    when a positive balance was noted. Total hirings came to 157,141 versus 179,474 departures. In 2018... bln in Dec Total debt pile for 2018 at 106.62 billion As of December the total for overdue debt... the total for overdue debt, including both new and legacy debt, stands at 106.62 billion. Total debt

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  4. General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln

    EconomyMacroeconomy

    ) and local governments (+30 million). Since the start of the year, total arrears have risen by 177 million... million euros) and state budget (+32 million euros). ​At 28.2 percent of the total, SSF arrears made up... of the total debt. In the other underlying subcategories, T-Bills edged down by 6 million to 15.27

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  5. Eurosystem funding rises by 539 mln in June, banknotes in circulation also up
    Photo by MacroPolis

    EconomyMacroeconomy

    to the monthly Bank of Greece's (BoG) financial statement. The total for central bank funding comes... (ECB) funding, bringing the total to 8.61 billion euros, while Emergency Liquidity Assistance (ELA... their balance sheets. Compared to June 2018, Eurosystem funding declined by a total of 7.70 billion euros

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  6. Eurosystem funding rises by 64.9 mln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    to the monthly Bank of Greece's (BoG) financial statement. The total for central bank funding comes... Bank (ECB) funding, bringing the total to 8.67 billion euros, while Emergency Liquidity Assistance (ELA... their balance sheets. Compared to July 2018, Eurosystem funding declined by a total of 4.34 billion euros

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  7. New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
    Photo by MacroPolis

    EconomyMacroeconomy

    for the same period last year by 17.7 percent. In June the total stood at 3.61 billion euros. New unpaid obligations from tax categories showed a rise of 284 million month-on-month in July, bringing the total.... The total number of tax debtors jumped by 269,155 month-on-month in July, rising after five consecutive

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  8. Eurosystem funding drops by 464.8 mln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    according to the monthly Bank of Greece's (BoG) financial statement. The total for central bank funding... million euros in European Central Bank (ECB) funding, bringing the total to 8.21 billion euros, while... declined by a total of 4.43 billion euros. This stems largely from ELA funding falling by 4.49 billion

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  9. Eurosystem funding drops by 699.8 mln in September
    Photo by MacroPolis

    EconomyMacroeconomy

    according to the monthly Bank of Greece's (BoG) financial statement. The total for central bank funding... of 700 million euros in European Central Bank (ECB) funding, bringing the total to 7.51 billion... funding declined by a total of 4.72 billion euros. This stems largely from ELA funding falling by 3.57

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  10. Banks enter final quarter with high hopes for bad loan reduction while challenges remain

    EconomyBanking

    of the EU rules. Hercules aims to take a total of 30 billion euros in bad loans of the books... by around 26 billion euros. The total still remains extremely high, coming to 78.8 billion euros..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1

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