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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyis the lowest reading since June 2014. The monthly movement is driven mostly by a fall in Emergency Liquidity... basis, Eurosystem funding dropped by 21.32 billion euros, driven mainly by a fall in ELA funding... programme was agreed, with the majority of this fall (55.91 billion) originating from lower reliance on ELA
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General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomy) and came to 23.81 billion euros. This was driven primarily by a fall in interest paid (-859 million...-on-month falls were noted in four out of the six subcategories. The biggest fall came from SSF arrears... The stock of gg guarantees fell substantially by 3.84 billion to 22.87 billion. The fall was almost
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General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
EconomyMacroeconomy. The biggest fall came from tax refunds which decreased by 363 million in September to come to 699... a marginal fall of 5 million to 51.54 billion, representing 14.5 percent of the total. Repos dropped by 1.57.... The main driver behind the fall was a 898 million-euro decline in Emergency Liquidity Assistance (ELA
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomywas noted in extrabudgetary funds with an annual fall of 1.08 billion euros, bringing the total figure... percent YoY) to stand at 74.59 billion euros. The main driver was a fall of 412 million in transfers, which came to 4.42 billion euros. The next biggest fall was in purchases of goods and services
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomy-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.06 billion... million. Overall, the state budget primary balance showed a fall of 6.36 billion euros, landing... largest fall was in sales of non-financial assets with a decline of 1.26 billion, taking the total
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Strong travel balance brings current account surplus to 1.83 bln in August
EconomyMacroeconomyinvestment showed a net decrease in residents’ external assets, attributable for the most part to a fall...-Bills. A net decrease in liabilities stems largely from a fall of 3.8 billion in non-residents
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyin October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsa strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomya strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8
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