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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target

Tue, 27 Sep 2016 11:00:00 GMT

expenditure coming in 2 billion lower than target, while revenues beat target by 640 million. The monthly... to 1.04 billion euros, 2.84 billion better than target. Revenues Revenues (before tax refunds) rose... billion euros, 640 million higher than the reported target (including the first ENFIA instalment

The IMF crisis and how to solve it

Mon, 11 Aug 2014 09:54:00 GMT

experiment is revealing. None of the statements written by any European Director (other than Cyprus’s... set up when monetary policy credibility was at a low ebb; a strong analogy with the Fund. Now... that institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real

Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln

Tue, 23 Sep 2014 09:30:00 GMT

amounts to 13.4 billion euros, 1.92 higher than that reported in Q1. This amount is almost equally split

Newsletter 171 -20/07/2018

Fri, 20 Jul 2018 06:49:00 GMT

council discussed on Tuesday the measures that the prime minister will announce. The package is set... as the perfect opportunity for Tsipras to announce an end to their partnership and set the date for early... rather than making a break from the past. This argument will seem much less convincing if Tsipras

Greek stocks end week flat as Friday’s strong rebound erased earlier losses

Fri, 16 Dec 2016 16:05:00 GMT

The Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week. The ESM decision to freeze the implementation of short... on Friday virtually flat from the end of the previous week. Overall, Greek stocks have gained 4.5 percent

Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

Wed, 25 Feb 2015 14:47:00 GMT

to a revenue shortfall of 968 million, while expenditure was almost 100 million better than target... million lower than target. The revenue shortfall stems from the extension of the VAT payment until... by 4.9 percent in January to 3.1 billion, 53 million better than the target. In particular, salaries

Greece's 2015 budget: A breakdown of all the key figures

Fri, 21 Nov 2014 13:33:00 GMT

(1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent... million above 2014 and 1.46 billion higher those set in the MTFS. This development mainly reflects... is forecast at 41.89 billion euros, 457 million above the MTFS but 530 million lower than those

China-EU: Navigating an increasingly complex relationship

Wed, 13 Dec 2023 07:09:00 GMT

travel restrictions and absence of in-person meetings for more than two years. Several European... and the Middle East. Otherwise, the meetings yielded a less-than-impressive list of outputs. The two... and there is a sense that the assertive tone of EU officials made Beijing listen more attentively than

ELTA CEO resignation fails to stem political fallout from post office closures

Wed, 05 Nov 2025 10:46:00 GMT

in the polls, stemming internal dissent, rather than battling the opposition, looks set... than 200 post office branches and the manner of the surprise announcement, which was to take effect... of citizens rather than asking citizens to go hunting for it. Kikilias argued that the necessary

Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

Wed, 07 May 2014 13:32:00 GMT

The Greek general government (gg) primary cash surplus in the first quarter (Q1) of 2014 more than..., although flat month on month, hospital’s arrears showed the second biggest year to date rise at 200... (1.85 billion) and EFSF/ESM/IMF loans (1.3 billion) more than offsetting a net increase in short-term