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  1. Newsletter 157 -30/03/2018

    Newsletters

    (BoG) monthly financial statement showed this week. This decline took central bank funding to 26.30... Central Bank (ECB) funding to 11.24 billion euros. The composition of Eurosystem funding for the month

    6%

  2. General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Ministry’s (MoF) monthly gg bulletin. The largest improvement was noted in the extrabudgetary central... was tax refunds​,​ which constitute 22.9 percent of the total (776 million). Debt Central government gross

    6%

  3. Building activity up by 18 pct in Jan, permits dip below 1,000-mark

    EconomyMacroeconomy

    . The three largest rises were noted in central Macedonia (+101.5 percent), the northern Aegean (+61.9 percent... percent), the Ionian islands (-3.5 percent) and central Greece (-2.6 percent). No change was noted

    6%

  4. Are hirings in the public sector out of control?
    Photo by MacroPolis

    EconomyFeatures

    of about 23 percent across central government, decentralised administrations, local government... included in the central administration increased from 76 in 2013 to 82 in 2017. This represents further

    6%

  5. Greek 2017 primary surplus confirmed at 4 pct, well above target

    EconomyMacroeconomy

    -area national central banks. As such, primary surplus targets per adjustment programme methodology... a surplus of 441 million, from 551 million in 2016. In contrast, the central government posted in 2017

    6%

  6. Institutions prepare for Athens return, completion of fourth review

    EconomyProgramme

    . There was an interesting interjection from the European Central Bank’s representative Benoit Coeure, who argued.... The central banker also stressed that although progress has been made on electronic auctions

    6%

  7. General govt primary cash surplus at 2.58 bln in March as revenues rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the surpluses all showed a decline year-on-year. The biggest decline came from the extrabudgetary central... of the total, or 675 million. Debt Central government gross debt rose by 6.59 billion to 343.74 billion. EFSF

    6%

  8. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    items including 21 million from the sale of EFSF bonds to the Central Bank, voluntary retirement... of uncertainty for Greek banks. “Piraeus Bank continues to play a central role in the further strengthening

    6%

  9. Whether an "early" or "clean" exit, it's the same old story for Greece

    Agora

    for the 12-24 months it would last, while also potentially providing access to the European Central Bank’s QE.... The International Monetary Fund, the European Central Bank and others are adamant that Greece’s debt restructuring

    6%

  10. Newsletter 162 -18/05/2018

    Newsletters

    . McKinsey’s report emphasises that renewable energy sources (RES) should form a central part of PPC’s future... central government primary cash surplus recorded a surplus of 7.45 billion euros in the first four

    6%