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Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomyby 2.24 billion euros, almost offset by lower Financial Support Mechanism (FSM) loans. The latter...) to 326.53 billion in the first quarter (Q1) of 2017, from 326.36 billion in the previous quarter... to a new record high of 18.19 years in Q1 from 16.6 years in the previous quarter. The debt
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General govt primary cash surplus at 2.25 bln in May, arrears rise
EconomyMacroeconomyof ELA guarantees at 39.69 billion. Bank support guarantees came to 3.18 billion. The remaining...Greece’s general government (gg) primary cash surplus fell by 332 million euros from the previous... after declining during the previous two months, increasing by 88 million compared to a decline of 117
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomybillion in July, of which ELA guarantees make up the lion’s share at 34.27 billion. Bank support...Greece’s general government (gg) primary cash surplus fell by 31 million euros from the previous.... The deficit in local government eased to 2 million euros, improving on the previous month’s deficit
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingon reducing NPLs in line with our targets, eliminating ELA support, expanding our non interest... compared to profits of 35.5 million in the previous quarter. The results were in line with the expectations... million in the previous quarter. Across the year, NPE stock in Greece fell by 2.6 billion euros. Broken
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Is the cost of Greece's public sector soaring again?
EconomyFeatures, the evidence does not support such claims. Having said that, the wider public administration is far from streamlined. As our examination of “Chapter A” entities in the previous instalment revealed... to ensconce its supporters. Using the same data source for previous years, the government responded
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingprograms, Eurobank is well-positioned to finance the economy and support its clients, mainly the dynamic... in the previous quarter. The rise in NPL formation was led by corporate loans, where formation... interest margin was 2.51 percent in the current quarter compared to 2.55 percent in the previous one
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Newsletter 173 -07/09/2018
, Mitsotakis to follow In what will be one of the last throws of the dice he has to recover support, Prime... an upwardly revised increase of 0.9 percent in the previous quarter, the Hellenic Statistical Authority... year, private consumption increased by 1 percent in Q2, from stable in the previous quarter
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Newsletter 184 -23/11/2018
2011, when it came to 367.98 billion. The Q3 debt largely reflects a QoQ increase in financial support... of a social dividend before Christmas as it has done in the previous two years. Following the abolition... programmes. The outlook sees Greece growing by 2.2 percent in 2019 from a previous forecast of 2.1 percent
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Promises, promises
Agoraa new “permanent mechanism” to support low-income pensioners. New Democracy also voted for the scrapping... an Oriental bazaar. It is true that Mitsotakis took a more low-key approach than many previous party... put forward by a previous New Democracy leader, Antonis Samaras, which also proved disconnected
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Newsletter 217 -02/08/2019
rescue plan with measures for support and for consolidation. I think the market reaction... to the prime minister told journalists that the primary surplus targets agreed by the previous government... by the previous government before the elections, and the fall of the gas emission reduction fee. The positive
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