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Newsletter 266 -18/09/2020
headline figure Greece’s current account (C/A) balance posted a deficit of 874.5 million euros in July... period last year, the balance showed a surplus of 1.35 billion euros, meaning that the deficit has... a significant deterioration in the services balance, which was partly offset by the improved balance
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Budget primary confirmed at deficit of 5.48 bln in August
EconomyMacroeconomyThe budget primary balance recorded a deficit of 5.48 billion euros in the first eight months... euros, below the aggregate target by 2.40 billion euros. The monthly primary balance for August came.... For the same month last year, the primary deficit came to 1.14 billion euros. The budget balance
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months... to 33.05 billion euros, below the aggregate target by 4.72 billion euros. The monthly primary balance.... The budget balance in the first nine months of the year recorded a deficit of 11.27 billion euros
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months... billion euros, below the aggregate target by 4.72 billion euros. The monthly primary balance.... The budget balance in the first nine months of the year recorded a deficit of 11.27 billion euros compared
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Newsletter 278 -14/12/2020
government primary balance is expected at 7.3 pct of GDP, in line with Finance Ministry estimates... the aggregate target by 745 million euros. The budget primary balance recorded a deficit of 13.81... this week. The primary balance was above its target by 1.48 billion euros. Primary expenditure came
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Newsletter 293 - 16/04/2021
basis, net revenue came in 949 million euros below its target The budget primary balance recorded... for March showed. The primary balance was above its target by 941 million euros. Expenditure excluding... billion euros, below target by 669 million euros. The monthly primary balance for March came
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesof the total at the end of 2018. Cleaning up the banks’ balance sheets became a policy priority... have been transferred from their balance sheets, more than halving the volume of bank-held NPLs... their balance sheets of 9.3 billion euros of non-performing consumer loans (61 pct of the total
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Current account turns surplus in July as travel steps up
EconomyMacroeconomyof 1.34 billion euros in June, Bank of Greece (BoG) data showed on Monday. In July 2020, the balance... in the services balance and, to a lesser extent, the primary and secondary income accounts, partly offset by a deterioration in the balance of goods. The deficit for the balance of goods in July came to 2.23
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Net credit flow turns positive in Feb: 1.4 pct rise led by loans to corporations
EconomyMacroeconomyin February, after negative flows of 1.3 billion euros in previous month. The outstanding balance increased to 109.23 billion euros, from 108.34 billion euros in January. The corporate lending balance’s net...-financial corporations was positive by 363 million euros. The balance stood at 57.66 billion euros
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Credit growth edges up to 1.6 pct in Mar, led by rise in business loans
EconomyMacroeconomyin March, from 971 million euros in February. The outstanding balance increased to 109.62 billion euros in March, from 109.23 billion euros in the previous month. The corporate lending balance’s net monthly... corporations was positive by 745 million euros. The balance stood at 58.3 billion euros. Credit
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