Search
-
Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyon year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional... figures imply the domestic economy grew by 0.7 percent in the 9-month period, slightly higher than... than 70 percent of GDP and has declined by more than 24 percent since 2008, mainly reflecting
1% -
Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomyhigher than that of Ireland at just 4.2 percent. Note though that SSC contribution to total taxation... percent is similar to that in Portugal and Ireland and only lower than that of Finland (24 percent... higher than that of Mexico (0.31) and way below the OECD average of 0.55, implying that a considerable
1% -
Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomy, 673 million better than target. The overperformance is down to lower expenditure (by 1.35 billion) and the Public Investment Budget (PIB) deficit (by 297 million) more than offsetting the continued... higher than November’s last year), all indications point to a revenue underperformance for the whole
1% -
Moody's sees 1.2 pct growth in Greece next year but highlights political risk
Economyrisks. According to Moody’s, Greece’s gross financing needs are estimated at more than 20 billion euros... to rebound 0.6 percent this year and further by 1.2 percent in 2015, less than the official sector... and slightly higher at 3.2 percent in 2015. Both projections are higher than Greek government’s targets
1% -
A little more persuasion, a little less reaction
AgoraDawn rather than SYRIZA, but a man with such an open and frequently declared affection for Greece... of progress through the synthesis of opinions and ideas. “It would help if, rather than fearing democracy... view of Samaras, a leader who the WSJ argues is trying “to scare voters rather than persuade them
1% -
Snap elections in Greece: The scenarios ahead
PoliticsGreek Politicslikely than the latter and so far only one polling company (Public Issue) has published projected... from PASOK rather than the whole party. Also, the possibility that ex-Prime Minister George Papandreou... in office for anything more than the short-term. No clear winner, back to square one There is strong
1% -
How SYRIZA says it will fund its economic policies
Economycapital for anything other than bank recapitalisation requires approval by the Eurogroup as well as from... to be further recapitalized (to cover capital losses due to bad loan write-offs) using HFSF funds rather than... target. 3) Settlement of unpaid taxes. SYRIZA expects more than 20 billion euros of the outstanding
1% -
Bookies see comfortable win for SYRIZA, close contest for third place
PoliticsGreek Politicsaspect of the election race and appears to concern two rather than three or four political parties... scenario is SYRIZA gaining more than 33.75 percent of votes (odds at 1.75) with New Democracy winning less than 28.5 percent of votes (odds at 1.75). This suggests a margin in excess of 5 percentage
1% -
Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyrecorded in February 2012. Following a sharp drop by more than 30 billion euros in the 9-month period... banking sources, local media indicate that the significant increase of more than 11 billion euros... are continuing in January mainly due to money withdrawals from retail accounts rather than money
1% -
Bookies' odds against SYRIZA emerging with majority from Sunday's elections
PoliticsGreek Politicsmajority. They also anticipate a close contest for the third place and believe it is more likely than... -1.40 for no outright majority compared to 2.75 – 3.30 for the winning party gaining more than 150... right power lower than it should be. Betting odds for GD and To Potami provided by Sportingbet stand
1%