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Newsletter 86 - 26/08/2016
and an increase in repos by 1.07 billion. As a result, Financial Support Mechanism (FSM) loans climbed... to former prime minister Kostas Karamanlis, who oversaw the fiscal derailment in 2009, support the idea.... Apartment prices fell by 2.7 percent in Q2, following a drop of 4.7 percent recorded in the previous
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General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln
EconomyMacroeconomyin bank support guarantees by 5.22 billion to 9.03 billion only partly offset by a modest rise... support guarantees reached 54.56 billion euros in July, making up almost 80 percent of the total... in the previous month. It should be pointed out that in the July budget execution bulletin, MoF noted it paid
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General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
EconomyMacroeconomyis attributed to a reduction in the bank support guarantees by 2.4 billion to 5.75 billion partly offset.... At the end of September, bank support and ELA guarantees stood at 50.31 billion making up more than 79... arrears displayed state budget arrears fell by 255 million from the previous month, while smaller
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Turnover in services sector improves in Q3
EconomyMacroeconomyadministrative and support (+39.4 percent), computer programming and consultancy (+31.4 percent..., employment activities and other administrative and office support, the turnover has soared by 69.8... with the previous quarter reveals most sectors fell quarter on quarter with double-digit drops posted in advertising
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Wait continues for agreement on measures, tension builds in Athens
PoliticsGreek Politicswill be united in their support for the government, as they have been in previous crucial... that they would support the measures in Parliament. However, on Friday one of the lawmakers... practice among government MPs in previous years to protest against new legislation but then vote
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OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
EconomyMacroeconomylabour market reforms are expected to increase employment and support private consumption... could provide room to increase social support programmes, while easing regulations in energy..., lower than its previous forecast of 1.3 percent released in late November. However, a stronger growth
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomyof 500 million euros was also noted in bank support as well as a marginal fall of 1 million euros... guarantees constitute 30.57 billion. Bank support guarantees fell to 1.38 billion, while the remainder...Greece’s general government (gg) primary cash surplus rose by 509 million euros from the previous
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General govt primary cash surplus at 6.39 bln in October, arrears continue to decline
EconomyMacroeconomy) guarantees. Bank support also fell by 500 million while gg entities fell by 29 million. Bank-related.... Bank support guarantees fell to 380 million, while the remainder is split between non-gg (6.93 billion... last year. Local government recorded a surplus of 314 million euros, up from the previous month’s
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Turnover in services sector shows mixed picture in Q3 2017
EconomyMacroeconomyactivities sector (+77.4 percent), office administrative, office support and other business support... number as in the previous quarter. The three largest year-on-year falls were noted in publishing... research which declined by 32.2 percent versus the previous quarter, followed by architectural
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Name and shame
Agoraa majority in Parliament without the support of ANEL (PASOK and To Potami seem willing to back.... Kammenos did not support the government’s position on other issues in the past, such as Greek citizenship... to their previous levels. It is difficult to say how many of those who attended on Sunday chose to ignore
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