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Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
EconomyMacroeconomysupport to low-income pensioners. This was the key reason the primary expenditure in December came... billion euros in December from a surplus of 915 million in the previous month. The state budget deficit..., after increasing in the previous four months and stood at 5.77 billion, which is the highest reading
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyin bank support guarantees by 1.3 billion to 3.88 billion, while the Emergency Liquidity Assistance (ELA... in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed... a remarkable decrease of 1.07 billion from the previous month, which represents the sharpest monthly
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Newsletter 113 - 31/03/2017
that they will be going out on a limb if they support the agreement. Skourletis had toned down his reaction by Wednesday... million euros was less than half the 1.73 billion recorded in the previous month, Bank of Greece (BoG... million in February, from 885 million in the previous month and 295 million a year ago. The negative
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomyat 56.52 billion at the end of March. Lower guarantees reflect a drop in bank support guarantees by 700... euros for the first time since December after an increase by 262 and 249 million in the previous two... drop from the previous month fully reflects a decline of 136 million in tax refunds and of 64 million
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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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