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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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The wrong prescription
Agoraof speculation about how targets will be met. This time the focus is on the structural rather than fiscal side... include adulterating its high quality olive oil. There is no reason for the troika to insist... of producing poorer quality olive oil are not clear. Meanwhile, the social impact of such changes has
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Review demands put spotlight on Greek banks
EconomyBankingFund for new asset quality reviews (AQRs) to be carried out. Last Thursday, IMF spokesman Gerry Rice... that the authorities undertake an asset quality review and stress test before the end of the ESM Program, to ensure... monitoring report released by the Bank of Greece earlier in September, Greek lenders met
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Newsletter 276 -04/12/2020
are largely confined to their homes, the opposition party also focussed on the fact that the couple met... Professor Sotiris Tsiodras to answer questions about the quality and availability of the data on which key... of the committee and outside experts about the quality and accuracy of the epidemiological data from EODY
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Stomach for the fight
Agoraor ministerial fatigue. As such, the new cabinet is always met with scepticism and, often, cynicism. However, rarely has there been a reshuffle that has been met with such a sense of deflation... – after all, the limited quality of Greece’s political personnel and the wear and tear of the crisis
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Newsletter 60 - 29/01/2016
on the islands are sceptical about whether this target will be met. Nevertheless, the government has struck... on the islands. As a result, the quality of the registration process has improved over the last few months... operations. On Samos, I met Captain Antonis Karakontis, who skippers one of the island’s two patrol boats
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeatureshighlighted competition from non-EU refineries which are held to less stringent quality requirements... a country very heavily dependent on oil with around 45 percent of its energy demands being met by oil. The country’s crude oil demand is almost entirely met by imports, with a small percentage coming from
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingquality The non-performing exposure (NPE) formation remained negative for the fifth straight quarter... confidence was strong that these targets can be met. In particular, reference was made to the legal tools..., increasing by 150 bps. Fokion Karavias, CEO of Eurobank, noted that the bank had met all its strategic
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Details of bond issue give Athens boost in bid to establish market access
Economy. The bond was met with high quality participation as 89 percent came from real money accounts and a good... that matures in February 2025. Greece’s new issue was met with strong demand as more than 290
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