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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomy, the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37.... The majority of this fall (71.71 billion) comes from a lower reliance on ELA funding. The decline
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General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
EconomyMacroeconomybillion euros. This was driven by a combination of a fall in interest paid (-613 million), subsidies... by 2.41 billion to 28.20 billion. The fall was almost entirely driven by a 2.37 billion euro
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomypercent for an absolute sum of 3.86 billion. The services balance recorded a fall of 15.2 percent... a fall of 7 million euros from the figure for the same time last year which stood at 6.56 billion.
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Trade deficit falls by 23.1 pct in March on growing exports, falling imports
EconomyMacroeconomyGreece’s trade deficit shrank by 23.1 percent in March, building momentum on February’s fall of 16.6 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday... for the first three months of the year year showed a YoY fall of 17.9 percent in the trade deficit
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingfall year-on-year (YoY). Asset quality Pre-write off non-performing exposure (NPE) formation fell... stock is anticipated to fall by 34 percent between March 2018 and December 2019. This will be achieved
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Newsletter 163 -25/05/2018
the fall in bond yields that the government was looking for. Mitsotakis denied that New Democracy had.../A deficit worsened by 52.7 million euros to stand at 2.84 billion. This was driven by a combined fall
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Newsletter 164 -01/06/2018
to fall and would allow New Democracy and other opposition parties to argue that the SYRIZA leader’s... billion euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomybehind the overall reduction in NPEs was a fall in corporate loans. Corporate NPEs came to 53.9 billion... remained subdued with a quarterly fall of only 0.3 percent. The overall reduction of NPEs achieved
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Trade deficit drops by 4.6 pct in April as export activity remains strong
EconomyMacroeconomyGreece’s trade deficit fell by 4.6 percent in April, slowing from March’s contraction of 23.1 percent but continuing to fall, according to data from the Hellenic Statistical Authority (ELSTAT.... The aggregate figure for the first four months of the year showed a YoY fall of 15.1 percent
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CPI up by 0.6 pct in May, second positive reading the year
EconomyMacroeconomy) and housing (-0.8 percent). The month-on-month fall of 0.3 percent is attributed mainly to a fall of 11.7
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