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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
Economythe Ministry of Finance (MoF). It is also significant that Greece exhibited a primary surplus for the second..., a Jan-Aug primary surplus of 1.42 billion and a budget deficit of 3.94 billion continued to outperform... for a second consecutive month, with the Jan-Aug figure landing at 30.5 billion euros, down 7.6 percent yoy
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Newsletter 196 -01/03/2019
by the Alternate Finance Minister Giorgos Houliarakis to all the ministries involved in the process. The document... to single digit growth of 6.4 percent this year to 5.1 percent in 2023. On investments, the Finance... index came to 1.5 percent. Credit contraction at 1.1 pct in Jan Outstanding balance decreases
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To Potami aims for rapid rise to third spot in Greek elections
PoliticsGreek Politicsliberal parties, Drasi, threw its weight behind To Potami this week. Drasi has tried for a number... to a broad audience. Drasi gained 1.8 percent in the May 2012 elections and teamed up with another liberal... media coverage than other smaller parties. Drasi always found it difficult to convince voters
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyeuros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01... of 2020, compared to a surplus of 6.95 billion noted in November 2019, the preliminary Finance
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Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
Economyby the Ministry of Finance (MoF). The positive surprise stemmed from direct taxes, which rebounded... significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan..., with the Jan-Sep figure landing at 34.62 billion euros, down 5.6 percent yoy. Direct taxes jumped
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Newsletter 156 -23/03/2018
be presented to eurozone finance ministers at the April 27 Eurogroup. The main elements of the “holistic... mln in Jan Total amount of legacy and new debt falls to under 1 billion euros The headline figure... pct in Jan Index makes strong start to the year, reversing decline of December Greece’s industrial
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On monetary policy and inflation targeting
AgoraJan, using monthly data). Both countries have clearly been affected by the inflationary effects..., Jan Filacek, Ivana Kubicova, and Romana Zamazalova: “Price Level Targeting-A Real Alternative to Inflation Targeting?” Czech Journal of Economics and Finance, 62, 2012. Barnett, Richard and Merwan
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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankingInvestor DAC, an entity financed by funds managed by affiliates of Fortress Investment Group LLC
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsGikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s... from the finance minister there were no notable new faces in the lineup. The cabinet consists mostly... at Piraeus University and as Eurobank’s chief economist to take up the job at the Finance Ministry
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