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  1. Newsletter 10 - 09/01/2015

    Newsletters

    indicated that more than one in ten voters are still undecided (Palmos 14.8 and GPO 13.1 percent... that goes to the winning party rather than hand New Democracy a surprising victory. The percentage... target for SYRIZA, the current opinion poll leader, than New Democracy. The new centre-left party

    5%
  2. Third of Greek households trapped in debt and poverty, study suggests
    Photo by Harry van Versendaal

    Society

    to the survey, more than three out of ten households (34.4 percent) had an annual family income of less than 10,000 euros a year, against 28.1 percent in the previous year. The data found that this was more common in households of two to four members than others. An almost identical figure (34.3 percent

    5%
  3. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    better than target and PIB balance was 216 million lower than expected. Although, revenue targets... more than tripled, while budget deficit fell by 33.1 percent to 3.64 billion from 5.44 billion in 2013... figure retreating by 5.4 percent to 41.83 billion, 584 million better than target. Interest payments

    5%
  4. Newsletter 11 - 16/01/2015

    Newsletters

    surplus is now seen at 1.5 percent of GDP, in line with the EAP target, yet slightly lower than... than its target and Public Investment Budget balance was 216 million lower than expected. At 1.93 billion euros, the 2014 primary surplus is some 3 billion less than expected. Deflation continues

    5%
  5. Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln

    Economy

    million lower than the preliminary figure published on January 14. As already evident in the preliminary... better than target and PIB balance was 206 million lower than expected. Note, though, that revenue... unpaid obligations created in December. Overall, unpaid taxes grew by more than 48 percent in 2014

    5%
  6. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than... shrank by more than 3.5 billion euros year on year (YoY) to 3.44 billion in 2014 from 7 billion last... displayed the highest primary surplus at 2.42 billion euros in 2014, albeit lower than the 3 billion

    5%
  7. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    to a revenue shortfall of 968 million, while expenditure was almost 100 million better than target... million lower than target. The revenue shortfall stems from the extension of the VAT payment until... by 4.9 percent in January to 3.1 billion, 53 million better than the target. In particular, salaries

    5%
  8. Newsletter 18 - 06/03/2015

    Newsletters

    , more than 700 million (corresponding to at least half of the issue) was covered from the accounts of general government entities held More than 700 million of the T-Bill issue was covered from... allowing the government to utilise cash reserves of more than 300 million from two general government

    5%
  9. Deposit rates stable, avg loan rate below 5 pct for first time since 2002

    EconomyMacroeconomy

    control more than 90 percent of total deposits. Back in 2012, there were more than 15 banks... the eurozone average of 1.03 percent and much higher than other comparable countries such as Spain (0.49 percent), Portugal (1.09 percent) and Italy (1.34 percent), but lower than that in Cyprus (2.3

    5%
  10. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    The general government (gg) primary cash balance showed the surplus shrinking by more than two... million, making up more than 20 percent of outstanding arrears. Social security funds followed suit with their arrears up by 71 million MoM to 1.89 billion accounting for slightly less than half

    5%