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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Report reveals institutions’ views on labour market reforms
EconomyProgrammeand thus enhance employability. The institutions favour a labour model of flexibility with security (flexicurity) that is applied in Denmark. The key characteristics of the Danish model include... and social dialogue. This model allows for numerical (extended use of overtime, frequent hirings
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Newsletter 27 - 22/05/2015
and reform priorities. In short, while Nicosia is in the process of winding down its affairs... complex reforms and finding compromise solutions with international creditors. Although Cyprus
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Growth, not just of the economic variety
Agorastage. Nevertheless, in the journey along the winding, precipitous road towards better days.... One of the less obvious ones involves the media finding a role that lies far from the extremes
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Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomybased on the Italian model of an Asset Protection Scheme (APS). The BoG is proposing that banks... the two contenders, submitted non-binding bids which are being evaluated by Piraeus Bank. The preferred... to be dealt with in tranches by the winning bidder, while at the same time manifesting positively
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingof the banks. BoG’s deferred tax model was viewed favourably by both Alpha Bank and Piraeus in particular... strong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding... by the winning bidder, while at the same time manifesting positively on the bank’s bottom line. BoG plan
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Probe into LAOS leader could spark contest for party's voters
PoliticsGreek Politicsa winding route over the last few years, from making the surprise move to join the interim government
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