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Tsakalotos and Stournaras raise objections to IMF assumptions
EconomyProgramme, with the primary surplus estimated at close to 2 percent of GDP, is not incorporated in the IMF’s... returns in 2016 stood above 6 million corresponding to a total population of 10.8 million, which
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Institutions back in Athens to resume review, agree new measures
EconomyProgrammetargeted savings of 2 percent of GDP after 2018, which are almost equally split between a reduction... to 13 percent) and energy (from 13 to 6 percent). The IMF recently noted that the reduction
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Deposit flow turned positive in March, with inflows of 278 million
EconomyMacroeconomyat 2 billion, which was around 400 million above the respective figure of 1.61 billion recorded a year... that figure stable on April 6. On Thursday, it decided to reduce the ceiling by 100 million following
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingin the corporate sector, where negative NPE formation increased to -6 million in Q1, from -24 million...) and consumer loans (-2 million). In contrast, a positive NPE formation of 22 million was posted
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Greek SMEs struggle most for finance versus eurozone peers
EconomyMacroeconomymanagers was not a major concern for Greek SMEs. Though the rate edged up close to 6 percent... in their debt-to-assets ratio, SMEs in Greece signaled an increase of 8 percent (from 2 percent before), which
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Possibility remains for trial bond issue before IMF debt analysis
PoliticsGreek Politics. “That was completely different 4, 5, 6, 7 years ago, where big amounts of money were needed to finance the fiscal... between 2 and 4 billion euros. Athens may offer investors holding the five-year bond issue in 2014
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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomybillion euros to 44.2 billion. A further decline in the ELA limit by 2 billion was also announced by the ECB on July 6, reflecting “developments in the liquidity situation of Greek banks, taking
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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeat around 2 billion euros. The sale of 14 regional airports to Fraport for 1.2 billion is included... Fund (HRADF). Privatisations are expected to generate 6 billion euros for the HRADF in the next 14
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Centre-left leadership candidates step forward as unity doubts linger
PoliticsGreek Politicsof June by the University of Macedonia for Skai TV showed support for PASOK on 6 percent, leaving... suggests backing for Theodorakis’s party stands at just 2 percent. This means an alliance between PASOK
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomy. The deficit in local government eased to 2 million euros, improving on the previous month’s deficit... declines of 6 million each were seen in gg and non-gg entities. Bank-related guarantees amounted to 36.15
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