August current account shows surplus of 1.56 bln as deficit in primary income account grows
Pensions spending stable but early retirees burden system
Industrial turnover rises by 20.5 pct in August for highest increase since May 2017
Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
GDP revision for 2017 points to slight improvement from initial estimates
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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