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Newsletter 151 -16/02/2018
After a week of strong rhetoric from Turkey directed at Greece and Cyprus, a nervous lull has returned... by 179 million, while net revenues stood at 4.18 billion euros and were above the target by 393... their target by 6 million euros. This led net revenues to rise by 3.3 percent. Primary expenditure
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Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
EconomyMacroeconomyeuros. Net revenues came to 11.05 billion euros, above target by 361 million euros. The monthly... is higher by 6.4 percent. Overall, net revenues amounted to 11.05 billion euros in the aggregate period... of 224 million. For the aggregate period, revenues grew to 1.06 billion, a strong improvement against
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Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomytarget by 2 million euros. Net revenues came to 11.10 billion euros, above target by 407 million... by 227 million euros. This led net revenues to rise by 3.1 percent in the first three months... grew to 1.06 billion, a strong improvement against the figure for the same time last year of 742
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Which way to the exit?
Agoraa rather strong safety net that gives a vote of confidence to the post-programme strategy. Clearly, after... creditors in June last summer was to create a safety net of cash large enough to appease the markets
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economy, domestic investment remains very sensitive to imports and as such, net trade is seen having little... uncertainty and a strong tourism season. Fitch expects this deposit growth trend to continue. Looking forward...-emergence of current account deficits will further weaken the country’s net external position
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FinMin sets out how it would alter policy mix to prevent pension cuts
EconomyMacroeconomypotential of the Greek economy and to improve the Greek social safety net that will be implemented... safety net. The new interventions outlined in the MTFS create a more balanced approach to social... of a subsidy of social insurance contributions for young employees. Although a strong fiscal
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Newsletter 182 -9/11/2018
will now be paid out to those affected, who will receive 820 million euros net. According... from Thursday onwards is seen by SYRIZA as a strong rebuttal of this criticism. On Tuesday, Tsipras.... As investment picks up, imports are expected to accelerate which will subdue the contribution of net
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingstrong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding... to a special purpose vehicle at their net book value. This will prevent banks making a loss, although.... This effectively allows the DTCs to act as a buffer for the difference between the net book value
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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economyand strong exports, although the slowing down of the eurozone could have an impact. An upgrade... this year, aided by a recovery in nominal GDP, while the government's net debt-to-GDP trajectory... is recovering, which is also reflected on the gradual increase in net foreign direct investment (FDI), the key
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Deposits up by 1.54 bln in April, rising for second consecutive month
EconomyMacroeconomyNet deposit movement in the Greek banking system turned positive by 1.54 billion in April after... marks two months of positive inflows after two months of outflows. It represents the highest net... recorded strong inflows of 797 million. The latest movement pushed the aggregate movement into positive
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