- Moving on April 29, 2014
- Greek budget bottom-line outperformance narrowed to €2.2bn in June July 11, 2013
- Greek banks Eurosystem funding fell by €9bn m-o-m in May June 12, 2013
- Greek budget bottom-line outperformed targets by €3.2bn in 5M’13 June 11, 2013
- Credit contraction marginally decelerated to 3.4% in April May 30, 2013
- RT @MacroPolis_gr: Moody's upgrades Greece's sovereign bond rating to Caa2 and changes the outlook to positive. #Greece #economy #markets 2 years ago
- Αφιερωμένο σε όλους τους μπαμπάδες - Μπαμπάς είναι ... #FathersDay #Greece https://t.co/cT8k6cLvtq 2 years ago
- We take note of the #Eurogroup discussion which we see as a 1st step towards securing #Greece debt sustainability, #ECB representative says. 2 years ago
- #IMF Managing Director Christine Lagarde to propose approval in principle of new Stand-By Arrangement for #Greece.… twitter.com/i/web/status/8… 2 years ago
- #Eurogroup statement on #Greece. consilium.europa.eu/press-releases… 2 years ago
Tag Archives: Macro data
MoF final data (on a modified cash basis) on Greek budget execution (released on December 24) depicted a softer performance in November compared to that of the previous month, yet all key budget items continued to outperform targets.
MoF preliminary data (on a modified cash basis) on Greek budget execution (released on December 10) depicted a softer performance in November compared to that of the previous month, yet all core budget items continued to outperform targets.
Latest Hellenic Statistical Authority (ELSTAT) data show that non-seasonally-adjusted Q3’12 GDP shrank 6.9% y-o-y, 0.3pp better than the initial figure of 7.2% released on November 14. According to ELSTAT, the difference is due to September monthly data for imports and … Continue reading
Latest MoF data show that general government cash deficit narrowed by 53.4% y-o-y to €9,383m in 10M’12 from €20,114m last year, with primary balance recording a surplus of €2,312m from deficit of €4,244m in 10M’11.
BoG released on December 3 its interim report on Monetary Policy. We summarize below the key highlights: The latest developments in Greece and the EU send out positive signals. Greece is mobilising both at home and abroad to make up … Continue reading
Latest BoG data depict that Greek banks’ Eurosystem funding slightly eased in October with a c€23bn shift from ECB to ELA funding. In particular, ECB funding dropped by €23.7bn or 78.5% m-o-m to €6.5bn in October, while BoG liquidity provided … Continue reading
According to latest BoG data, credit contraction in the Greek market slightly accelerated to 4.8% y-o-y in October from 4.5% in September, with balances reaching €230.7bn corresponding to 117.4% of GDP.
MoF final data (on a modified cash basis) on Greek budget execution confirmed preliminary figures (released on November 12) depicting a significantly improved performance in October compared to that of September with budget and primary balance recording a surplus for … Continue reading
According to the latest debt bulletin released by MoF today, central government debt (excl. debt guaranteed by the central government) stood at €303.51bnat the end of Q3’12 unchanged from the previous quarter’s figure of €303.53bn.
According to latest BoG data, C/A balance showed a surplus in September – for third month in a row – at €775m from deficit of €1,069m last year, reflecting a decrease in trade deficit by €700m or 34.1% to €1,351m, … Continue reading
According to flash estimates, released by Hellenic Statistical Authority (ELSTAT), recession accelerated in Q3’12 with non-seasonally-adjusted GDP (at constant prices) contracting 7.2% y-o-y in Q3’12 from 6.3% y-o-y in Q2’12.
MoF preliminary data (on a modified cash basis) on Greek budget execution (released on November 12) depicted a significantly improved performance in October compared to that of September with monthly budget and primary balance recording a surplus for second time … Continue reading
According to EC autumn forecasts released today, Greek GDP contraction is expected to extend into 2013 to 4.2% from 6.0% in 2012. EC latest estimates are worse than its previous (spring) projections for 2012, when GDP was expected to slip … Continue reading
Slight improvement of Greece’s general government balance in September – Strong performance in 9M’12
Latest MoF data show that general government deficit, according to cash data, eased by 48.3% y-o-y to €9,689m in 9M’12 from €18,744m last year, with primary balance recording a surplus of €1,249m from deficit of €4,146m in 9M’11.
MoF unveiled yesterday the 2013 budget and the 2013-16 Medium-Term Fiscal Strategy (MTFS). The key difference of MoF current forecasts compared to those included in the draft budget tabled to parliament on October 1 involves a deeper recession in 2013 … Continue reading
Latest BoG data show that credit contraction in the Greek market slightly decelerated to 4.5% y-o-y in September from 4.8% y-o-y in August, with balances reaching €231.8bn corresponding to 114.3% of GDP.
As he had previously noted, MoF had revised FY’12 – and accordingly monthly – budget targets in the September preliminary budget execution bulletin (released on October 11), incorporating its latest forecasts included in the 2013 draft budget tabled to parliament … Continue reading
Hellenic Statistical Authority (ELSTAT) and Eurostat announced today the revised general government (gg) deficit and gross debt figures for 2008-11. It is reminded that statistical services’ previous data (first estimates for 2011) were released last April.
In the September budget execution bulletin, MoF revised FY’12 – and accordingly monthly – budget targets incorporating its latest forecasts included in the 2013 draft budget tabled to parliament on October 1.
In its latest edition of World Economic Outlook and Fiscal Monitor, IMF sees Greek GDP contracting 6.0% in 2012 and 4.0% in 2013, while unemployment rate is expected to substantially rise from 17.3% in 2011 to 23.8% in 2012 and … Continue reading