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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomymillion), more than offsetting an underperformance of the Public Investment Budget (PIB... slipped 1.3 percent to 14.11 billion, 325 million higher than target. Expenditure Primary expenditure edged up 1.7 percent in April to 3.12 billion euros, which is 472 million lower than target
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus more than quadrupled to 2.6 billion euros..., albeit lower than last year. The breakdown of the key figures showed gg revenues increased by 2.52... increase of more than 700 million in the preceding two months. Since the beginning of the year
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Crisis management policy: the sad lesson of the Greek case
Agoraworse than necessary. This is particularly evident in relation to the 2015 agreement, which was reached... thereof. However, there is no reason to believe that the 6–7 percent could be reduced to lower than 4... to achieve a more rapid debt reduction thereby than otherwise. But this is unfortunately very doubtful
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Newsletter 83 - 22/07/2016
to the lower-than-expected primary expenditure by 2.1 billion coupled with a revenue over-performance.... For the five-month period, the C/A deficit narrowed by more than 20 percent to 3.51 billion, largely.... This is mostly due to primary expenditure being 2.1 billion lower than the target. Revenues (before tax
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Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
Economyof debtors owe less than 15,000 euros each for an aggregate amount of 1.14 billion euros (6.9 percent... 0.4 percent of total) owe more than 1 million each for a total amount of 3.76 billion euros, which... more than 60,300 debtors, accounting for 20 percent of total debtors. It is worth noting that KEAO
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Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions
EconomyMacroeconomyby more than 26 percent over this period. The breakdown of the disposable income components showed... of employees edged up to 14.02 billion euros in Q1. Nevertheless, it has dropped by more than 6.3 billion... billion euros in Q1. Nevertheless, they remain more than 25 percent lower than the 2010 levels
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Greeks' views on Muslims out of step with other Europeans, survey indicates
Societyin their views towards Muslims in Greece than people in the right Germany are of Muslims in their country... they had a negative view of Muslims, this was higher than the response of people on the right... crime than the average. The poll also shows that Greeks are the most negatively disposed towards
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomybillion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... better than target. In specific, direct taxes rose 6.6 percent in July and 5 percent in the 7-month... in July and by 11.3 percent in the 7-month period to 1.72 billion, 220 million higher than target
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Newsletter 86 - 02/09/2016
by 0.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2), a rate slightly lower than the 0.3.... Nominal GDP recorded a better performance than the real figure, edging up by 1.3 percent QoQ... rates remain 250-350 bps higher than the euro area average. In the household lending sector
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How the pension fund that invested heavily in Attica Bank lost half its reserves
Agoraincreased to 50.67 percent from 42.87 percent, meaning that TSMEDE covered more than half of Attica.... This means that TSMEDE injected again more than half of the capital Attica raised from private... than 450 million was placed in 2013 and 2015. The acquisition cost of the 1.32 billion Attica shares
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