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  1. General govt primary cash surplus at 2.82 bln in July, arrears unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    also declined by 12 million to 14.69 billion (4.3 percent of the total). Bonds showed a fall of 1.84 billion to 51.58 billion, representing 15 percent of the total. The current month’s fall in bonds.... Guarantees The stock of gg guarantees fell by 2.48 billion to 16.85 billion. The fall was almost entirely

    7%
  2. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    1.1 percent versus a fall of 24.6 percent in the consumer loans portfolio and 15.7 percent... figures have to fall to 25.3 billion and 17.6 billion, respectively. As the BoG report outlined... to fall to 35 billion euros by the end of 2021. Auctions are expected to generate 35 percent

    7%
  3. July current account shows surplus of 1.58 bln as tourism drives services surplus
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    a fall of 8 percent YoY to 166.3 million. On an aggregate basis, the C/A deficit worsened by 524 million... a net decrease in residents’ external assets which stems largely from a fall of 128 million euros... to a 1.2 billion-euro fall in non-residents' holdings of Greek government bonds and T-bills. During

    7%
  4. Newsletter 175 -21/09/2018

    Newsletters

    , bad loans in mortgages fell by only 1.1 percent versus a fall of 24.6 percent in the consumer.... By the end of the year, those figures have to fall to 25.3 billion and 17.6 billion, respectively... was led by an increase of 18 percent in the manufacturing index, which offset a fall of 6.8 percent

    7%
  5. Disposable income grows by 3.3 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    landed at 30.8 billion euros and largely reflects a fall of 3.8 percent in taxes on income and wealth, along with a smaller fall in social contributions and other current transfers. Since 2011... and benefits fell by 1.7 percent and reached 13.41 billion, with the fall across the last seven years

    7%
  6. Newsletter 184 -23/11/2018

    Newsletters

    continue to be fully implemented, pension spending will fall from 17 percent of GDP in 2016 to the euro... to fall. The report noted that while employment growth has slowed down, the share of full-time... performance was led by an increase of 14.7 percent in the manufacturing index, which offset a fall of 9.9

    7%
  7. Retail turnover falls by 2.3 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index declined by 2.3 percent in January after a downward revised fall of 0.2... increases in turnover were seen in clothing and footwear with a fall of 12.8 percent. This was followed...). The volume decreases on an annual basis was led by a 12.8 percent fall in clothing and footwear, along

    7%
  8. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros to stand at 1.30 billion euros. Overall, the state budget primary balance showed a fall... underlying subcategories. The biggest fall came from tax refunds which fell by 8 million euros... rose by 873 million euros, compared to a fall of 1.38 billion euros seen in the previous month. EFSF

    7%
  9. Feb current account deficit at 990.4 mln as services balance improves
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’ net external assets showed a fall of 26 million euros. The most notable transaction reported... by a fall of 548 million in the holdings of foreign bonds and T-bills. A net increase in external... displayed a net decrease in residents' external assets, due mostly to a fall of residents’ holdings

    7%
  10. Eurosystem funding rises by 84 mln in Apr, ELA eliminated
    Photo by MacroPolis

    EconomyMacroeconomy

    Central Bank (ECB) funding, along with a fall of 16 million euros in Emergency Liquidity Assistance... far, Eurosystem funding has declined by 2.60 billion euros, reflecting a fall of 1.66 billion euros... to Greek banks has steadily declined by 148.63 billion euros. The majority of the fall (107.24

    7%