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  1. Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , lower social security spending by 139 million, allowances to families with many children by 60 million and state contribution for over-indebted household by 60 million euros. Meanwhile, interest payments edged up slightly by 0.2 percent to 4.87 billion in the nine-month period, above target by 22

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  2. Budget primary surplus of 4.54 bln in 9-month below target despite underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    million, allowances to families with many children by 60 million and state contribution for over-indebted household by 60 million euros. Interest payments edged up slightly by 0.2 percent to 4.87 billion in the nine-month period, above target by 22 million. In total, a 4.7 percent fall in expenditure

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  3. Short-term fix for electricity bills leaves open questions for green transition strategy

    Society

    the past 12 months, from just under 30 euros per tonne to over 60 euros, thanks to the EU’s... just in carbon credits, while at the current price of over 60 euro per tonne, the cost of carbon... waived VAT on electricity bills. VAT and other taxes account for around 22 pct of household electricity

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  4. New Democracy leadership headed for showdown with right wing over migrant labour bill

    PoliticsGreek Politics

    still tops public concerns with over 60 percent naming it as their main worry, followed... issues up the agenda, mentioned by 22 percent compared to 10 percent last month. Finally... rights for same-sex couples, including 73 percent of ND voters, 60 percent of PASOK voters and 43

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  5. Greece and the euro: The flight of Icarus

    Agora

    to create the first bailout of its type to prevent a disorderly Greek default. Bigger economies than Greece... fallen by 19 percent compared to the European average, the minimum wage has been slashed by 22

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  6. ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
    Photo by MacroPolis

    Economy

    regarding the size and type of assets - are risk equivalent to assets bought from the other euro area... a stock of securitized loans of almost 22 billion, with NBG and Piraeus at the high end (7.2 and 6

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  7. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    withdrawals of 677 and 436 million respectively. The breakdown by depositor type showed the bulk.... In the course of June, ECB has further increased the ELA limit for Greek banks close to 88 billion on June 22

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  8. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    the breakdown of total collateral by type, the collateral poll is almost equally split between state..., Greek banks may have after today’s haircut a new total of 101 billion (79 billion used, 22 billion

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  9. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    be renewed unless the automatic renewal option was in the existing terms. The breakdown by depositor type... by a total amount of 4.1 billion to 86.9 billion on October 22 for a 2-week period until November 4

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  10. This is how things stand as bailout talks head for a brief pause

    EconomyProgramme

    in 2018. There is also convergence on the type of fiscal interventions required to achieve this target... that the government aims to clinch an agreement before the April 22 Eurogroup, paving the way for the legislation

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