Budget primary surplus confirmed at 2.37 bln in Mar, above target by 1.27 bln
Credit standards and demand for corporate, household loans unchanged in Q1
Greek 2017 primary surplus confirmed at 4 pct, well above target
Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
February current account deficit at 1.29 bln as underlying balances worsen
Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
Government seeks to appease banks over ADMIE privatisation
In a letter sent by the four systemic Greek banks to Finance Minister Euclid Tsakalotos on January 11, but revealed by the Greek media on Friday, they expressed their serious concerns about the privatisation process of the Independent Power Transmission Operator (ADMIE).
The four banks noted that they had granted, along with Attica Bank, a medium-term syndicated bond loan of 2.2 billion euros to the Public Power Corporation (PPC) in April 2014, which constitutes by far the largest loan of this type ever granted to a com...
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