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  1. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening. The fiscal performance largely reflects an improvement in the surpluses

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  2. Space and time the missing elements in Greek bailout talks
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    is still rampant (23 percent in October) and for roughly every 4 billion euros in taxes

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  3. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    by 4 bps for every 1 percentage point decline or rise in the debt ratio, but in any case

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  4. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    improved by 2.3 percent mostly reflecting a rise in manufacturing production by 4 percent, while lower

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  5. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    . This implies annual write-offs of around 4 billion euros. The latter stands way above the average

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  6. Russia sanctions, regional diplomacy dominate Tsipras visit to Ukraine
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    to help them restore peace along the border," Trump said in a statement issued on February 4. The Greek

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  7. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and 2018 respectively, after a rebound by 4 percent in 2016. The contribution of net exports to growth

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  8. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    for 12 percent of GDP, while the EC foresees a slighter growth of 4 percent for the whole year. Total

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  9. Seven years of demanding the impossible in Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    In a recent presentation of his book, Laid Low, which examines the International Monetary Fund’s role in the eurozone crisis, author and journalist Paul Blustein disclosed a memo dated May 4, 2010, from the IMF’s then head of research Olivier Blanchard, to Poul Thomsen, who headed the Greek mission

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  10. Newsletter 107 - 17/02/2017

    Newsletters

    . They are estimated to hit 13.9 billion within this 3.5-year period, implying annual write-offs of around 4

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