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Thursday, July 3, 2014
Greek Cypriot status for 64 years but family told to re-register as Turkish ...
Greek strike threatens power cuts
Greece's OPAP offers voluntary redundancy scheme
Greeks Gone West: Demetre Costas Daskalakis
Greeks Gone West: Demetre Costas Daskalakis
Greece threatened by power cuts as workers strike
17 Ways to Enjoy Greek Yogurt
Power cuts in Greece amid anti-privatization strike
Independent Greeks back SYRIZA proposal for referendum on PPC
Muses, Greek food take spotlight in culminating event of EU Culinary Season 2014
Significant differences in government debt held by non-residents
In 2013, in the EU28, 81% of government debt was financed by issuing securities (bills, bonds, etc. excluding shares and financial derivatives), 16% by loans and 4% by currency and deposits.
This information comes from a report, released by Eurostat, the statistical office of the European Union. This report, based on a survey of the structure of government debt, provides information on general government debt broken down by subsector, financial instrument, debt holder, maturity, currency of issuance as well as government guarantees and other features.
Malta, Czech Republic and United Kingdom: 90% or more of government debt financed by securities other than shares
In 2013, Malta (92% of total government debt), the Czech Republic and the United Kingdom (both 90%), Belgium and Slovenia (both 87%), Slovakia (86%), France and Italy (both 84%) registered the highest proportions of debt financed by securities. The use of loans was highest in Estonia (86%), Greece (75%), Cyprus (59%) and Latvia (54%). The use of currency and deposits was in general very low, except in Ireland (10%), the United Kingdom (9%) and Italy (8%).
Government debt held by non-residents ranged from 82% in Finland to 2% in Luxembourg
There was a significant difference between Member States in which sector held the government debt. In 2013, the share of public debt held by the non-resident sector was highest in Finland (82% of total government debt), Latvia (80%), Austria (72%), Lithuania (70%), Slovenia (69%) and Portugal (66%). The largest shares of debt held by the resident financial sector were observed in Luxembourg (98%), Romania (71%) and Croatia (63%). Generally, 10% or less of debt was held by the resident non-financial sector, with the exception of Poland (34%), Malta (33%) and Italy (13%).
Santos gives Greek players 11 out of 10 for passion, sees bright future
Greece to offer oil and gas companies tax cuts to develop offshore fields
The change that never was
Poll shows Greeks reluctant to swap goods, buy used items
Markets poised for US jobs report and European Central Bank meeting
Bumper day for economic news, with the latest US non-farm payroll and the ECB's monthly press conference.
American jobs report - what's expected
Greece power workers to strike against privatisation plan
8.35am BST
Shares in Balfour Beatty have slumped 10% after a disappointing trading update this morning.
design changes, project delays, rework on projects and contractual disputes on a number of projects.
8.17am BST
Greek citizens face the prospect of power cuts today, as workers at the country's Public Power Corporation begin a series of rolling blackouts.
They're protesting against the government's plans to sell off PPC, as part of its bailout programme. A bill to partly privatise the company is being debated in parliament today.
There is no danger of a blackout,
We are going on strike at all of PPCs production units and mines from Komotini to Arcadia but nobody said that all the plants would go off line at the same time. The action will be staggered because nobody wants the country to be plunged into darkness.
good morning! and here we are in #greece, waiting for the lights to go out. (literally, as figuratively we've been in darkness for a while)
8.09am BST
As usual, economists have a wide range of forecasts for how many new jobs were created across the US economy last month.
Predictions for today's non-farm payroll range from a paltry 160,000 new jobs to a rip-roaring 290,000.
That would be similar to Mays increase of 217,000 and would probably be enough to push the unemployment rate down to 6.2%, from 6.3% in May
Initial jobless claims have remained close to a seven-year low and the employment balances of most of the activity surveys have improved.
8.00am BST
Good morning, and welcome to our rolling coverage of the financial markets, the world economy, business and the eurozone.
Later today will see EU services PMIs, ECB, NFP, ISM non-manf all ahead of a US holiday tomorrow....
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