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Newsletter 23 - 17/04/2015
had to pay back to the IMF in March. Each of these payments brings relief that a possible default has... reserves of several general government bodies to pay its debt obligations, which include the rolling...-Bill issues are likely being covered by Greek lenders and the central Bank of Greece, further
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Greece is gasping for a deal
Agorathat Greece had to pay back to the IMF in March. Each of these payments brings relief that a possible... in to the cash reserves of several general government bodies to pay its debt obligations, which include... their investment. These T-Bill issues are likely being covered by Greek lenders and the central Bank of Greece
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Labour market reforms did exactly what they were supposed to
Agorain the private sector would need to be significantly reformed, pay rates for overtime work would... allow local pay agreements to set wage growth below sectoral agreements and introduce variable pay... but also with neighbours in the Balkans and countries in Central Europe. The interventions in Greece’s
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Central gov't cash surplus rises by 53.8 pct to 603 mln in January
EconomyMacroeconomyGreece’s central government net balance on a cash basis showed the surplus widening by 53.8 percent to 603 million euros in January from 392 million last year, according to the Bank of Greece (BoG... percent. Interest payments dropped 12.9 percent to 216 million. It should be noted that 2013 central
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Central government primary cash surplus at 1.7 bln to February
EconomyMacroeconomyGreece’s central government net balance to February on a cash basis showed a surplus of 221 million from deficit of 1.4 billion last year, according to the Bank of Greece (BoG). At the same time... below the respective budget figure. It should be noted that 2013 central government figures reported
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomyGreece’s central government net balance to March on a cash basis showed a deficit of 1.14 billion. 59 percent lower compared to last year’s 2.76 billion, according to the Bank of Greece (BoG... figure. It is worth remembering that the central government figures for the whole of 2013, as reported
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BoG sees central gov't primary surplus to May at 1.06 bln on cash basis
EconomyMacroeconomyGreece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG... deficit of 4.02 billion last year. The BoG calculates the central government figures on a cash
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomyGreece’s central government net balance to June on a cash basis showed the deficit shrinking by 78 percent, or 6.8 billion euros, to 1.82 billion from 8.72 billion last year, according to the Bank... a surplus of 1.37 billion from deficit of 4.77 billion last year. The BoG calculates the central
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Greek central government primary cash surplus to August at 2.3 bln
EconomyMacroeconomyGreece’s central government primary cash balance turned to a surplus of 2.32 billion in the 8-month period from deficit of 3.21 billion last year, according to the Bank of Greece (BoG). This implies... the central government figures on a cash basis, while the relevant items presented by the Ministry of Finance
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Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions
EconomyGreece’s central government debt rose by 1.75 billion quarter on quarter (QoQ) to 314.55 billion euros at the end of the third quarter (Q3) of 2015 from 312.8 billion at the end of Q2, the Finance... by the ECB (SMP programme) and the European Central Banks (ANFAs) currently stand at 20.3 billion
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