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Newsletter 211 -21/06/2019
in April Decrease in deficit stems from improved goods and services balance Greece’s current account... million euros to stand at 1.72 billion euros. The services balance improved to a surplus of 642.7... of Finance reported this week that the preliminary budget primary balance recorded a surplus of 918
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Newsletter 176 -28/09/2018
and accelerating mildly to 2.2 percent in 2019. The total fiscal balance is seen in a surplus of 0.4 percent of GDP this year and 0.2 in 2019, while the primary balance will reach 3.6 percent in 2018... balance was confirmed at a surplus of 3.16 billion euros in the first eight months of 2018
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Newsletter 195 -22/02/2019
balance. The services balance improved to a surplus of 492.4 million from 448.7 million a year ago..., with whom SYRIZA has clashed numerous times since coming to power. 2 Hirings balance negative by 22,333 in Jan Balance for the month showed 5,791 more departures year-on-year The employment balance turned
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Newsletter 226 -01/11/2019
than 20 percent of total debt, or less than 40 percent of GDP. The budget primary balance recorded... the target by 542 million. Overall, the PIB balance landed on a deficit of 777 million euros. 2... negative flow after six months of positive inflows. The outstanding balance of private sector deposits
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Newsletter 37 - 31/07/2015
further pension reform, changes to taxation (including for farmers), product and service market... in May. The outstanding balance fell further to 122.23 billion, which is the lowest reading in more... will apply. The revised regime calls for eight percent of a bank’s balance sheet to be bailed
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Net job hirings hit 33,608 in June, highest since 2001
EconomyMacroeconomyThe employment balance remained positive for the fifth straight month showing net hirings of 33,608... is the only age group displaying a negative employment balance in June. In contrast, 24 percent... to June net hirings relate to food service (+28,723), accommodation (+23,738) and retail trade (+6,242
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Newsletter 85 - 05/08/2016
to the overall balance. At the same time, arrears to the private sector increased for the fifth... led to the Sunday service being interrupted, was prompted by the police clamping down on illegal... SYRIZA is trying to strike this difficult balance, New Democracy has tried to highlight the issue of law
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammebalance is expected to be 1 percent of GDP lower in 2019-2025 in the IMF’s view, reflecting the Fund’s... threshold and pensions savings. The IMF sees primary balance in cash terms, at 2.6 percent of GDP... and averaging 2.2 percent after that. It also considers all of SMP and ANFA profits used for debt service
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingProtection Scheme (“HAPS”) to further derisk the bank’s balance sheet. NPL stock came to 16.8 billion euros... and the inorganic cost at 0.5 percent. Balance Sheet Eurosystem funding stood at 400 million at the end of Q4 2019... for its online banking service, while overall digital traffic has increased. Online banking
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ND tries to swerve fresh graft claims as EP scandals, phonetapping hang over budget debate
PoliticsGreek Politicsupset the balance. As lawmakers enter the final stretch of the budget debate in Athens, the tit... out that he was the target of surveillance by the national intelligence service (EYP). Mitsotakis has... of Mitsotakis and ND’s popularity, approaching a fine balance as the time of elections nears, leading
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