Search
-
Fitch takes no rating action, leaves outlook stable
Economyin the review in March and holding off from publishing a review a few weeks ago. Fitch says that Greece’s credit rating benefits from strong income per capita, governance metrics comparable to the 'BBB' median... to fall below 140 pct by 2028. Favourable debt terms, such as long maturities and low interest
21% -
General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
EconomyMacroeconomyof the figures showed that revenues declined by 1.20 billion to 55.99 billion euros. A 39 percent fall in transfers was the main factor behind the fall, as this category went from 4.86 billion last year... to 55.17 billion. This was driven by a combination of a fall in transfers (-597 million), social
21% -
GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyyear, private consumption fell by 0.4 percent in Q1, easing from the previous quarter’s fall of 0.8.... The aggregate figure for the first three months of the year showed a YoY fall of 17.9 percent in the trade... percent YoY. On an annual basis, the current quarter represents the first fall in imports after six
21% -
PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
20% -
University bill meets with strong opposition as MPs begin debating reform
PoliticsGreek Politicsafter delegates voted against holding a new ballot to choose SYRIZA’s president. Kasselakis believes
20% -
Labour cost fall has not produced jobs, bemoans GSEE in study
SocietyThe significant fall in labour costs since the onset of the crisis has not led to a corresponding fall in prices and a boost in employment and competitiveness, defying conventional theories..., the report said. The INE maintains that the gains made by companies from the fall in labour costs has
20% -
General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomy) and came to 23.81 billion euros. This was driven primarily by a fall in interest paid (-859 million...-on-month falls were noted in four out of the six subcategories. The biggest fall came from SSF arrears... The stock of gg guarantees fell substantially by 3.84 billion to 22.87 billion. The fall was almost
20% -
General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
EconomyMacroeconomy. The biggest fall came from tax refunds which decreased by 363 million in September to come to 699... a marginal fall of 5 million to 51.54 billion, representing 14.5 percent of the total. Repos dropped by 1.57.... The main driver behind the fall was a 898 million-euro decline in Emergency Liquidity Assistance (ELA
20% -
General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomywas noted in extrabudgetary funds with an annual fall of 1.08 billion euros, bringing the total figure... percent YoY) to stand at 74.59 billion euros. The main driver was a fall of 412 million in transfers, which came to 4.42 billion euros. The next biggest fall was in purchases of goods and services
20% -
General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomy-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.06 billion... million. Overall, the state budget primary balance showed a fall of 6.36 billion euros, landing... largest fall was in sales of non-financial assets with a decline of 1.26 billion, taking the total
20%