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  1. Newsletter 104 - 27/01/2017

    Newsletters

    , 220 million below target and also including a one-off payment of 630 million to support low-income...) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.... The budget primary surplus was 4.44 billion in 2016, almost double the previous year’s figure, while

    6%
  2. Newsletter 105 - 03/02/2017

    Newsletters

    and accusing it of failing to support the coalition’s insistence that Parliament should not legislate further... of the third review would be more limited compared to the previous two processes. On the funding needs... percent). The comparison with the previous month showed retail sales fell by 4.3 percent in November

    6%
  3. Newsletter 107 - 17/02/2017

    Newsletters

    is not sure will support a deal that includes the reduction of the tax-free threshold and pension... and down from 6.47 billion in the previous year. At the end of 2016, cumulative provisions stood..., compared to a previous estimate for a mild recession of 0.3 percent in early November, and a strong

    6%
  4. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and in guarantees to gg entities by 329 million, while bank support guarantees stayed stable at 3.88 billion.... Although all other sub-sectors posted a positive primary balance, it deteriorated from the previous year... 1.8 billion in the previous two months, arrears to the private sector (including tax refund arrears

    6%
  5. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) guarantees by 300 million to 41.43 billion, while bank support guarantees remained the same as the previous... a rise of 261 million in the previous month. As a result, the outstanding balance stood at 5.05 billion... from the previous month to 325.12 billion at the end of February. The decline largely reflects

    6%
  6. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    ’s share, while bank support guarantees stood at 3.18 billion. The remaining guarantees of more than... the previous year to 2.63 billion in the 4-month period of 2017, the Finance Ministry (MoF) gg bulletin showed... compared to the modest decline of 9 million in the previous month. As a result, arrears dropped below

    6%
  7. Newsletter 158 -20/04/2018

    Newsletters

    year should not be implemented in 2019. Greece’s position has the support of the European Commission... to renege on their commitments. The minister has played the role of coordinator during previous... surpasses the previous high of July 2017, when new overdue taxes rose by 2 billion. Greece’s new tax debt

    6%
  8. Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    to appointing new support staff for the trial of household in-court insolvency cases to reduce the backlog... authorities undertook as part of the previous review and is primarily aimed at building..., just as in the previous sMoUs, the Greek authorities commit to avoiding any unilateral actions

    6%
  9. Newsletter 183 -16/11/2018

    Newsletters

    Single Support Mechanism (SSM) guidelines. under which the banks’ bad loans will be tackled. The new... will argue that Greece’s fiscal overperformance this year and in the previous couple of years has been..., and is the third increase in apartment prices in almost a decade. Compared to the previous quarter

    6%
  10. New Parliament sworn in as Mitsotakis picks top civil servants, maintains status quo with church
    Photo by MacroPolis

    PoliticsGreek Politics

    , had drawn criticism from New Democracy in the past because of his support for the Macedonia name deal... would not continue with the previous government’s efforts to move priests from the public sector... Democracy has traditionally enjoyed a close relationship with the church and resisted the previous

    6%