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Newsletter 179 -19/10/2018
submits draft budget Greece’s Statistical Authority (ELSTAT) issued its second estimate of the national... expenditure of households based on the Households Budget Survey (HBS), general government data... percent and the drop in 2016 at 1.2 percent. The government also submitted its 2019 budget
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Newsletter 184 -23/11/2018
Budget aims for relief and growth Pension cuts out, Thessaloniki measures in as Brussels urges faster reforms The government submitted Greece’s first expansionary budget for many years this week... of the reforms it pledged. The budget, tabled in Parliament by Alternate Finance Minister Giorgos Houliarakis
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Newsletter 275 -27/11/2020
health system. Revised 2021 budget sees bigger contraction Covid-19 leaves Greece facing 200 pct debt... 2021 budget, which was substantially revised from the draft document submitted at the start of October... budget, mostly driven by a sharp drop in private consumption by 7.6 pct, investments by 14.3 pct
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Newsletter 301 - 18/06/2021
, in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline... on budget transfers for a long period of time to withstand the effects of the pandemic and this may have... tensions. 2 Budget primary shows deficit of 8.17 bln in May Expenditure excluding interest payments
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RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.39 billion euros in the first eight months... Ministry (MoF) budget execution data showed on Thursday. The primary balance was above the target set... payments and the public investment budget came to 35.19 billion euros. Net revenues came to 34.68
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammeup to 150,000 euros and their tax debt did not exceed 50 percent of their annual income on the date... by 50 percent in October and by another 50 percent in October 2016. This means that the current... the government is favouring the establishment of a sovereign wealth fund that will create a value of 50 billion
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingwith the Greek ratio at 37.7 percent. The NPL coverage ratio increased by 50 basis points (bps) QoQ to 65.5... in Q2) with the respective coverage ratio remaining stable at 50 percent, while the stock stood... reduction will be higher than 30 percent, while that for corporate NPEs will be around 50 percent
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agora50 EBRD secured loan Completed Electrical trains Railway modernisation 2017 China Railway Rolling... Corporation. The acquisition was financed by a Euro 50 million loan secured by the EBRD in London... of USD 50 billion and a Silk Road Fund worth USD 40 billion. Moreover, China is establishing
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBankingbillion euros, consisting of 50 percent new and 50 percent rolled over existing loans, scheduled... by 50 bps reaching 16 percent in 2020, again including -70 bps from IFRS 9 phased-in adoption and -20bps... incorporates IFRS 9 phase-in impact of 50 bps and the CRD IV fully loaded impact of 16 bps . Management
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An issue of statistical significance in Greece
Agoragovernment budget, thereby inflating the 2009 deficit by 18.2 billion euros. She claims that Greece’s... states follow. It defines entities that should be part of the general government budget and appears... also be noted that regardless of the merits regarding the addition of DEKOs to the budget, there can
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