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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

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

More changes needed to unlock private sector's potential, report says

Wed, 18 Jul 2018 11:03:00 GMT

dominated by small firms, rather than larger, productive companies serving international markets... added affected micro firms (less than ten employees) the most but also impacted small businesses... at around 80 percent of the nominal value in 2008.” While this has led to large firms’ (more than 250

Greek primary cash surplus more than doubles to 2.45 bln at end of August

Fri, 03 Oct 2014 13:03:00 GMT

The Greek general government (gg) primary cash surplus more than doubled year on year (YoY... of clawback and rebate mechanisms for 2013 in the larger healthcare provider (EOPYY) rather than... difference on the preceding month. Debt The outstanding state debt stayed flat year to date at 321.5 billion

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

Newsletter 277 -11/12/2020

Fri, 11 Dec 2020 07:38:00 GMT

borders than any European country. Mitsotakis blamed public laxity during the second lockdown... came to 1.3 percent for the year, lower than the average increase noted in 2018 which came to 7.6... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure

Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates

Mon, 30 May 2016 12:43:00 GMT

. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released... in Q4 2015. Today’s figure for Q1 is slightly higher than the -1.3 percent released in flash estimates... reflects a nosedive in disposable income by more than 30 percent. This is attributed to a sharp rise

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... that institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real... is the perfect time for the Fund to open up its kitchen and show the world the ingredients that go

Current account deficit more than halves to 708 mln in March

Fri, 20 May 2016 09:53:00 GMT

Greece's current account (C/A) deficit more than halved to 708.1 million euros in March from 1.48...’ deficit by 438 million and an increase in the secondary income surplus by 99 million. This more than... and a rise in the primary and secondary income balances by 487 and 170 million respectively more than