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Deposits drop by 607 mln in July, led by corporate savings
EconomyMacroeconomyThe net private sector deposits in the Greek banking system shrunk in July with a drop of 607 million euros, after a 3.83-billion-euro jump in June, according to the latest Bank of Greece (BoG) figures released on Wednesday. The annual growth in July was 2.7 percent year on year (YoY), from 2.9
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than
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Greek pensions laid bare
Agoraassets do not have the capacity to support the retirement pay under any type of asset management... pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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If you think it's bleak for Greece now, wait until tomorrow
Agorathat is run by a political class with limited strategic capacity and is allergic to any type of change... productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyby 2018, of which 2.5 billion are expected to be generated in 2016, 2.2 billion in 2017 and 1.1 billion... in 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned
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Talks on bailout review head for crucial weekend
EconomyProgramme. The key differences relate to the type of taxes that would be written-off as well as the magnitude.... Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017
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Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
EconomyMacroeconomy. The declines are largely the result of Greek banks replacing this type of liquidity with interbank... figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding to 2.71
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyquarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomy, mainly reflecting a drop in the ECB funding by 6.73 billion, as Greek banks replaced this type
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices
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