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  1. Newsletter 275 -27/11/2020

    Newsletters

    . Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB

    10%
  2. Primary cash balance deficit at 13.45 bln in November

    EconomyMacroeconomy

    euros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01

    10%
  3. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium

    10%
  4. Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    billion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same

    10%
  5. Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came

    10%
  6. Greek banks' capital backstop and the funding gap: An uneasy relationship
    Photo by Harry van Versendaal

    Economy

    related to bank recap (110 million), interest income (232 million) and b) an amount of 1 to 1.2

    8%
  7. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    billion euros, 232 million higher than the BoG’s number. Interest payments on a cash basis fell 7 percent

    8%
  8. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's April travel receipts soared 35.8 percent to 411 million euros from 303 million last year, according to the Bank of Greece (BoG). At the same time, travel payments surged 53 percent to 232 million euros, leading the travel surplus for April to 179 million, which is a rise of 18.5 percent

    8%
  9. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    contributor is hospitals’ arrears, which rose by 46 million euros MoM and 232 million YtD, to 919 million

    8%
  10. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    million following a similar payment to the IMF and a reduction in bonds by 232 million more than

    8%