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  1. Newsletter 275 -27/11/2020

    Newsletters

    . Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB

    11%
  2. Primary cash balance deficit at 13.45 bln in November

    EconomyMacroeconomy

    euros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01

    10%
  3. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium

    10%
  4. Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    billion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same

    10%
  5. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    and change in the deposit mix. Fee income dropped by 12 percent QoQ to 111 million euros largely... related to pillar II securities. At the same time, the bank recorded a loss of 111 million euros

    10%
  6. Is VAT all you've got?

    Agora

    Grabbing a coffee for 20 cents less doesn’t really sound like the start of an economic recovery but who knows, maybe after this week’s decision to cut value added tax at restaurants and cafes, Greece will soon be measuring out its success with coffee spoons. Naturally, the government has made

    8%
  7. Debt relief or debt restructuring for Greece?

    Agora

    of the troika would apply the same measuring rod to the calculation of Greece’s sovereign debt and its

    8%
  8. New data shows 6.2 pct of Greek labour force in gray area
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    force by measuring three new categories. 1) The underemployed, part-time workers represent those

    8%
  9. ELSTAT sees 2013 primary deficit at 8.7 pct of GDP, 40 bln wiped out from economy since 2010

    EconomyMacroeconomy

    emphasises that in measuring the primary surplus under EAP a number of revenue and expenditure items

    8%
  10. Car registrations continue to rise; up by 9.1 pct in April

    EconomyMacroeconomy

    confidence, an indicator measuring the degree of optimism among consumers, improved for the second

    8%