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Greek C/A deficit to July narrowed to just 156 mln with boost from tourism
EconomyMacroeconomyas well as higher general government net transfer receipts from the EU. The largely expected strong...) on higher travel spending by non-residents. The strong monthly performance led the C/A deficit to July... in the net oil import bill, a further rise in the services surplus by 10.3 percent to 8.3 billion
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyfor the 9-month period showed that non-residents’ direct investment in Greece recorded a net inflow of 1.2 billion euros. In addition, under the portfolio investment, BoG figures displayed a net... percent. The continued strong rebound in exports of services is mainly attributed to buoyant tourism
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Newsletter 61 - 05/02/2016
-employed, which would rise to 38.5 percent of their net income from a fixed amount (not linked to income... this lower tax rate will tone down the strong objections of the self-employed to the higher... of non-permanent advisers with strong links to the leftist party. This suggests that Tsipras
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyin the corresponding period last year. The net balance of the central government also recorded a surplus of 524.... Ordinary budget revenues eased 0.2 percent to 3.31 billion in March. However, the strong performance... soared by around 44 percent to 1.3 billion due to the strong performance in the first two months
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Stocks rebound 1.5 pct during week, banks climb 4.6 pct
Economyof increased 582.59 on Friday, but has lost 1.4 percent since the beginning of the month. The strong... Minister after meeting with the bank’s CEO, there is a strong pressure for CEO resignation, while... quarter (Q3) net profits to 78.3 million euros with turnover improving by 2.7 percent to almost 1
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Newsletter 104 - 27/01/2017
expected in 2016 and that the strong fiscal overperfomance means that demands for upfront... 30 percent from 2015 and beating the target of 750 million, mostly due to the strong performance in the last quarter of the year. Greek households’ net financial wealth tumbled by 37.5 percent during
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Revenues beat target by 3.9 pct in Feb, remain above target for year
EconomyMacroeconomyin February amounted to 331 million euros, 83 million or one-third higher than target. As a result, net... overperformed compared to the target by around 5.5 percent. Moreover, higher tax refunds led to net revenues... two months of 2017 follows the strong performance in the second half of last year, which led gross
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Newsletter 119 - 19/05/2017
from Greece’s creditors is positive and that there are strong prospects for an agreement on May 22.... The upgrade of this year’s projections fully reflects an upward revision of net budget revenues by 1.29... widened from 77 million in Q1 to 937 million, largely reflecting a strong underspend, with primary
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Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
EconomyMacroeconomy. The outperformance largely reflects a strong underspend, with primary expenditure finishing 1.19 billion... million, but lower privatisation revenues and higher tax refunds led to net revenues falling short... by the lower than expected privatisation revenues and the higher tax refunds. As a result, although net
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Newsletter 120 - 26/05/2017
in the course of Q2. Ongoing deleveraging pushed loan balances down quarter-on-quarter (QoQ). Net... Strong underspend leads to primary expenditure finishing 1.19 billion below estimates The budget.... The outperformance largely reflects a strong underspend, with primary expenditure finishing at 1.19 billion lower
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