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ANA-MPA - Coast Guard rescues 125 migrants and refugees
The Coast Guard on Friday said it had rescued 125 migrants and refugees in the sea off Alexandroupolis,Lesvos and Kos...
MAP - Suède: Le président du groupe BMCE BOA et son épouse participent à la cérémonie de remise des prix Nobel
Casablanca - 13 décembre 2019 - (MAP) - Le président du groupe BMCE Bank Of Africa (BOA), Othman Benjelloun,...
NNA - قطة تؤخر اقلاع طائرة الميدل ايست 50 دقيقة
وطنية - أفادت مندوبة الوكالة الوطنية للاعلام ان فرار قطة من قفصها الذي كان في حوزة مواطنة ايطالية، الى تأخر اقلاع طائرة تابعة لشركة طيران الشرق الاوسط لمدة 50 دقيقة...
MAP - Morocco, Jamaica Set to Strengthen Cooperation
Rabat -December 13,2019-(MAP)-Minister of Tourism, Handicrafts, Air Transport and Social Economy, Nadia Fettah Alaoui, on Wednesday held talks in Rabat...
NNA - Chinese Ambassador honors participants in Chinese training courses
NNA-The Chinese Ambassador to Lebanon, Wang Kejian, held a reception Saturday evening at the Phoenicia Hotel in honor of "Lebanese...
MAP - Les Gnaoua dans la liste du patrimoine immatériel de l'UNESCO : une consécration de l'engagement pionnier d'Essaouira
Essaouira - 13 décembre 2019 - ( MAP ) - "Magnifique consécration pour les Gnaoua de tout le Maroc,...
ANA-MPA - Police investigating death of Romanian man found dead on Mount Athos
Police are investigating the death of a 28-year-old Romanian who was found dead in the yard of the St.Athanassios Cave...
MAP - L'Académie du Royaume braque les projecteurs sur l'Inde sous l'angle de l'histoire et de l'évolution sociétale
Rabat -13 décembre 2019-(MAP)-L'expérience de développement de l'Inde du point de vue de l'histoire et de l'évolution sociétale a focalisé,...
SANA - إدراج الوردة الشامية على لائحة التراث الإنساني في منظمة اليونسكو
بوغوتا - سانا - أعلنت منظمة الأمم المتحدة للتربية والعلم والثقافة “اليونيسكو” إدراج عنصر الوردة الشامية وما يرتبط بها من الممارسات والحرف التراثية ضمن قائمة التراث الإنساني اللامادي في المنظمة....
MAP - La maîtrise de la réalisation cinématographique requiert une bonne connaissance des six autres arts
ES: Yassine Chaoui- Agadir -13 décembre 2019-(MAP)-La maîtrise de la réalisation cinématographique requiert une bonne connaissance des six autres arts,...
ATA - Donors’ Conference, PM Rama: Very much desired news, promises kept fill me up with energy
TIRANA,Dec13/ATA/-The Albania Prime Minister Edi Rama described the European Council’s decision to provide humanitarian assistance and to hold the Donors’...
MAP - Gnawa Added to Representative List of Intangible Cultural Heritage of Humanity
Bogotá - December 13, 2019 - (MAP) -Morocco's Gnawa was inscribed Thursday by the UNESCO Intergovernmental Committee for the Safeguarding...
NNA - انطوان القزي تسلم درع صحافي العام لإنجاز مدى الحياة في اوستراليا
وطنية - منحت رئيسة حكومة نيوساوث ويلز غلاديس بيريجكليان رئيس تحرير جريدة "التلغراف" الأوسترالية الاعلامي أنطوان القزي درع "صحافي العام لإنجاز مدى الحياة"، وهي أرفع جائزة حكومية في الحقل الإعلامي....
MAP - COP25: L'espoir est toujours permis pour sauver la planète malgré les rapports scientifiques alarmants
Madrid -13 décembre 2019- (MAP) - En dépit des rapports alarmants des scientifiques et des chercheurs en matière du climat,...
ANA-MPA - Eteoklis brings rainstorms, snow and very strong winds from Friday night
A new cold front named "Eteoklis" is expected to affect Greece from Friday night, bringing rainstorms,heavy snow at higher altitudes...
MAP - Commemoration of OIC 50th Anniversary: Opportunity to Highlight Centrality of Morocco in Strengthening Joint Islamic Action
Rabat - December 13, 2019 - (MAP) - The commemoration of the 50th anniversary of the establishment of...
NNA - ورشة لبنانية فرنسية عن التراث العمراني في صيدا القديمة
وطنية - نظمت الجامعة اللبنانية - كلية الفنون الجميلة والعمارة والمدرسة الوطنية العليا للعمارة في باريس (cole Nationale Supérieure d'Architecture de Paris-Belleville) بالتعاون مع الوكالة الجامعية الفرنكوفونية (AUF) وبلدية صيدا،...
MAP - Agadir accueille le 1er Colloque national de la Régionalisation avancée, les 20 et 21 décembre
Rabat-13 décembre 2019(MAP)-Le ministère de l'Intérieur et l'Association des Régions du Maroc organisent, les 20 et 21 décembre à Agadir,...
ATA - Tepelena/ Reconstruction of Salari-Dukaj road well underway
TIRANA, Dec 13/ATA/- The Albanian Development Fund has started the reconstruction of Salari – Dukaj road (lot II and III)....
MAP - Abdeljalil Lahjomri reçoit à Paris le Grand Prix de la francophonie de l'Académie française
Paris -13 décembre 2019-(MAP)- Le Secrétaire perpétuel de l’Académie du Royaume du Maroc, Abdeljalil Lahjomri, a reçu, jeudi à Paris,...
Lusa - Business News - Portugal: VAT fraud in car imports-107 luxury cars seized in Aveiro area
Aveiro, Dec.13, 2019 (Lusa) - The Tax and Customs Authority (AT) seized 107 luxury vehicles in three districts of Aveiro,...
Lusa - Business News - Portugal: Stocks close Friday session with PSI20 up 0.15%
Lisbon, Dec.13,2019 (Lusa)–The Lisbon Stock Exchange closed Friday's session on positive ground, with its main index, the PSI20, rising 0.15%...
Lusa - Business News - Portugal: Teachers union considers 0.3% pay rise 'unacceptable´,´ provocation´
Lisbon, Dec.13,2019 (Lusa)– The Federation of Teachers (Fenprof) considered on Friday the proposal for wage increases of 0.3% for 2020,...
Lusa - Business News - Portugal: Mutualist Montepio Geral estimates €2M profit in 2019
Lisbon, Dec. 13, 2019 (Lusa) - The Montepio Geral Mutualist Association (AMMG) estimates to have recurring profits of two million...
CNA - Cyprus signs contracts for LNG terminal
CNA- Gregoris Savva-Nicosia
Cyprus and a consortium led by China Petroleum Pipeline Engineering Co Ltd signed a contract for the construction...
Lusa - Business News - Angola: Government wants to join African telecoms network to provide services
Luanda, Dec. 13, 2019 (Lusa) - Angola wants to provide telecommunications services to countries in the region and is developing...
Lusa - Business News - Mozambique: New Ressano Garcia dry port to decongest road linking South Africa
Maputo, Dec. 13, 019 (Lusa)- Portos e Caminhos de Ferro de Moçambique (CFM) is building a new port at Ressano...
Lusa - Business News - Portugal: Banking Association rejects changes to commissions for MB Way app
Lisbon, Dec.13,2019 (Lusa)-The Portuguese Association of Banks (APB) on Friday said in Parliament that there should be no legislative change...
Lusa - Business News - Portugal: Wells, Barral, Dermosense hydrating creams for children banned
Lisbon, Dec. 13, 2019 (Lusa) – Infarmed, the authority for medicinal and health products, has detected irregularities in seven hydrating...
Lusa - Business News - Portugal: Actor, director Tiago Rodrigues wins 2019 Pessoa Award
Lisbon, Dec. 13, 2019 (Lusa) – The Portuguese actor, director and artistic director of the D. Maria II National Theatre,...
CNA - Employment up by 3% in third quarter of 2019
CNA - Nicosia
Τotal employment during the 3rd quarter of 2019 increased by 3.0%, compared to the corresponding quarter of 2018,...
CNA - وزير الخارجية: قبرص تتعامل بشكل ايجابي مع الشؤون الإقليمية
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
صرح وزير الخارجية نيكوس خريستودوليديس لوكالة الأنباء القبرصية أن مهمة فريق المهندسين المدنيين الذي ارسلته قبرص إلى ألبانيا هي دليل ملموس...
Lusa - Business News - Portugal: Unions walk out of pay talks as budget draft foresees 0.3% increase
Lisbon, Dec13,2019 (Lusa)– Trade unions representing civil servants in Portugal on Friday walked out of talks with the Socialist government...
Lusa - Business News - Macau: Investment in new notaries, private providers to increase to 91
Macau, China, Dec. 13, 2019 (Lusa) – The Macau authorities on Friday said that they held the first of three...
Lusa - Business News - Macau: Gambling still represents 90% of receipts of casino concessions in 2018
Macau, China, Dec. 13, 2019 (Lusa) – Gambling in 2018 accounted for more than 90% of receipts of casino concession...
Lusa - Business News - Portugal: Health Department recommends one simple food labelling system
Lisbon, Dec. 13, 2019 (Lusa) – A report by Portugal’s Directorate-General for Health (DGS) recommends that the government adopt one...
Lusa - Business News - Portugal: Individual consumption at 83% of EU average in 2018; GDP at 77%
Brussels, Dec. 13, 2019 (Lusa) – Portugal in 2018 had levels of consumption and of gross domestic product (GDP)...
Lusa - Business News - Portugal: PM welcomes 'diplomatic death' of Finnish budget proposal
Brussels, Dec.13,2019 (Lusa)– Portugal’s prime minister António Costa on Friday in Brussels welcomed what he called the ‘diplomatic death’...
Lusa - Business News - Portugal: Meo sells Morgan Stanley 49.99% stake in fibre network for €1.565B
Lisbon, Dec. 13, 2019 (Lusa) – Meo, Portugal’s leading telecommunications service company, has sold 49.99% of its fibre optic network...
CNA - الرئيس أناستاسياديس يعرب عن تقديره الكامل لقرارات المجلس الأوروبي بشأن تركيا
وكالة الأنباء القبرصية - بلجيكا / بروكسل - اثاناسيوس اثاناسيو
أعرب رئيس الجمهورية نيكوس أناستاسياديس عن تقديره الكامل لقرارات المجلس الأوروبي بشأن تركيا. وكتب في تغريده له على موقع تويتر صباح...
Lusa - Business News - Angola: Embraer hopes TAAG will buy planes with wings 'made in Portugal'
Luanda, Dec. 13, 2019 (Lusa) – Brazilian plane maker Embraer will propose Angola buys six E195-E2 aircraft, a model whose...
CNA - المجلس الأوروبي: مذكرة التفاهم بين تركيا وليبيا لا تمتثل لقانون البحار
وكالة الأنباء القبرصية - بلجيكا / بروكسل - اثاناسيوس اثاناسيو
تبنى المجلس الأوروبي قرارات بشأن تركيا مساء أمس في بروكسل. ووفقًا للنص المعتمد: "إذ يستذكر المجلس الأوروبي قراراته السابقة بشأن تركيا...
Lusa - Business News - Mozambique: gas exploration starts in centre of the country
Maputo, Dec.13,2019 (Lusa)- Indonesian company Buzi Hydrocarbons is due to begin drilling for natural gas in the next few days...
Lusa - Business News - Portugal: PSI20 opens in the green, climbs 0.76% to 5,234.78 points
Lisbon, Dec. 13, 2019 (Lusa) – The Lisbon stock exchange opened in positive territory on Friday with the main benchmark...
Lusa - Business News - Portugal: Top headlines on Friday
Lisbon,Dec.13,(Lusa)-As the year draws to a close, people and the papers are looking at how much tax they will pay...
CNA - Government Deficit falls to 0.5% in the euro area, for Q1 2019, debt slightly rises to 85.9%




CNA Athanasios Athanasiou - Brussels
In the first quarter of 2019, the seasonally adjusted general government deficit to GDP ratio stood at 0.5% in the euro area (EA19), a decrease compared with 1.1% in the fourth quarter of 2018 and in the EU28, the deficit to GDP ratio stood at 0.6%, a decrease compared with 1.0% in the previous quarter, according to data released today by Eurostat, the statistical office of the European Union.

In the first quarter of 2019, total government revenue in the euro area amounted to 46.0% of GDP, a decrease compared with 46.2% in the fourth quarter of 2018. Total government expenditure in the euro area stood at 46.5% of GDP, a decrease compared with 47.2% in the previous quarter. In the EU28, total government revenue was 44.8% of GDP in the first quarter of 2019, a decrease compared to 45.0% in the fourth quarter of 2018. Total government expenditure in the EU28 was 45.4% of GDP, compared with 45.9% in the previous quarter.

For Cyprus Eurostat publishes non-seasonally adjusted surplus/ deficit figures showing a 3.7% surplus in Q1 2017, -1.8 deficit in Q2 2017, 7.8 surplus in Q3 2017, -2.6 deficit in Q4 2017, 7.0 surplus in Q1 2018, 2.0 surplus in Q2 2018, -25.1 deficit in Q3 2018, -2.1 deficit in Q4 2018 and finally 8.9% surplus in Q1 2019.

For Greece, also on non-seasonally adjusted surplus/ deficit figures sho -2.4 deficit in Q1 2017, 0.5 surplus in Q2 2017, 5.2 surplus in Q3 2017, -0.9 deficit in Q4 12017, -1.2 deficit in Q1 2018, -0.2 deficit in Q2 2018, 5.1 surplus in Q3 2018, 0.2 surplus in Q4 2018 and finally a -4.2% deficit in Q1 2019.

At the end of the first quarter of 2019, the government debt to GDP ratio in the euro area (EA19) stood at 85.9%, compared with 85.1% at the end of the fourth quarter of 2018. In the EU28, the ratio increased from 80.0% to 80.7%.

However, compared with the first quarter of 2018, the government debt to GDP ratio fell in both the euro area (from 87.1% to 85.9%) and the EU28 (from 81.6% to 80.7%).

At the end of the first quarter of 2019, debt securities accounted for 81.1% of euro area and for 81.9% of EU28 general government debt. Loans made up 15.8% and 13.9% respectively and currency and deposits represented 3.1% of euro area and 4.2% of EU28 government debt.

Due to the involvement of EU Member States` governments in financial assistance to certain Member States, quarterly data on intergovernmental lending (IGL) is also published. The share of IGL in GDP at the end of the first quarter of 2019 amounted to 2.0% in the euro area and to 1.5% in the EU28.

The highest ratios of government debt to GDP at the end of the first quarter of 2019 were recorded in Greece (181.9%), Italy (134.0%), Portugal (123.0%), Belgium (105.1%) and Cyprus (105.0%) and the lowest in Estonia (8.1%), Bulgaria (21.2%) and Luxembourg (21.3%).

Compared with the fourth quarter of 2018, twelve Member States registered an increase in their debt to GDP ratio at the end of the first quarter of 2019 and thirteen a decrease, while the ratio remained stable in Germany, Lithuania and Slovakia. The highest increases in the ratio were observed in Belgium (+3.1 percentage points – pp), Cyprus (+2.5 pp), Ireland (+2.0 pp) and Italy (+1.9 pp). The largest decreases were recorded in Sweden (-2.5 pp), Slovenia (-2.3 pp), the Netherlands, the United Kingdom (both -1.5 pp) and Bulgaria (-1.4 pp).

Compared with the first quarter of 2018, five Member States registered an increase in their debt to GDP ratio at the end of the first quarter of 2019, twenty-one a decrease and Spain and the United Kingdom recorded no change. An increase in the ratio was recorded in Cyprus (+12.2 pp), Greece (+4.1 pp), Latvia (+1.7 pp), Italy (+1.0 pp) and France (+0.3 pp), while the largest decreases were recorded in Slovenia (-7.6 pp), Austria (-4.4 pp) and the Netherlands (-4.2 pp).

For Greece the debt was 322.579 billion in Q1 2018, 334.573 billion in Q4 2018 and 337.406 billion in Q1 2019, or 177.9%, 181.1% adn 181.9% of GDP respectively.

For Cyprus debt increased from 18.523 billion in Q1 2018, to 21.256 billion in Q4 2018 and 21.999 billion in Q1 2019, or from 92.9% of GDP to 102.5% and 105.0% respectively.

CNA/THA/EC/2019
ENDS, CYPRUS NEWS AGENCY
________________________________________

Cyprus News Agency, 21 Academias Avenue, 2107 Aglantzia, Nicosia
Tel. 22556000, Fax. 22556100, email:news@cna.org.cy, website: www.cna.org.cy



Agency : CNA

Date : 2019-07-20 11:49:35







 

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