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Current account deficit widens to 1.3 bln in March
EconomyMacroeconomybillion in holdings of foreign bonds and T-Bills. At the same time, corresponding liabilities fell... million in foreign bond and T-Bill holdings. Corresponding liabilities fell largely on the back of a decrease by 180 million in non-resident holdings of Greek government bonds and T-Bills. Reserve
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Current account deficit eases by 410.6 mln in April
EconomyMacroeconomyin residents’ external assets in April, mostly due to an drop of 841 million euros in holdings of foreign... a net increase in residents' external assets which largely reflects a rise in their holdings of derivative products. A net decrease in liabilities reflects a decline of 1.2 billion in foreign holdings
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Current account deficit rises by 124.3 mln in May
EconomyMacroeconomy, attributable largely to a fall of 2.4 billion in holdings of foreign bonds and T-Bills. At the same time... in residents' external assets which largely reflects a drop in their holdings of foreign bonds and T-bills.A net fall in liabilities reflects a decline of 676 million in foreign holdings of Greek government
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Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomyto a rise of 1.6 billion in the holdings of foreign bonds and T-Bills. At the same time, a small net..., attributable mainly to a 705 million-euro drop in residents' holdings of foreign bonds and T-Bills. A net decrease in liabilities stems largely from a fall of 682 million in non-residents holdings
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomyin the holdings of foreign bonds and T-bills. During the aggregate period, an increase of 1.9 billion euros...' holdings of foreign bonds and T-bills. A net increase in their liabilities is due to a rise of 4.7 billion in non-residents' holdings of Greek government bonds and T-bills. Reserve assets came to 6.42
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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomyto a rise of 5.5 billion in residents' holdings of foreign bonds and T-bills. During the aggregate period... euros in residents' holdings of foreign bonds and T-bills. A net increase in their liabilities is due to a rise of 5.2 billion in non-residents' holdings of Greek government bonds and T-bills. Reserve
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicson wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding... the impact that wage cuts would have on the party’s popularity. However, finding new savings could
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Stress mounts ahead of ECB's tests on Greek banks
Economyat the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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Piraeus port privatisation moves a step closer
EconomyBankingThe deadline for the submission of binding bids for the acquisition of a 67 percent stake in Piraeus Port (OLP) expired on Monday, with the Hellenic Republic Asset Development Fund (HRADF) noting..., press reports indicate that only COSCO submitted a binding offer on Monday. COSCO, one of the largest
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Newsletter 59 - 22/01/2016
. The next privatisation projects include the submission of binding bids for the full sale of rail... having adopted the bailout and agreed to implement it, appears to be having a binding effect. Tsipras
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