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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyGreece’s central government primary cash balance posted a surplus of 3 billion euros... on a modified cash basis. The breakdown of BoG 10-month figures showed cash revenues rose by 1 YoY... figure of 5.1 billion. The reconciliation of the BoG primary cash surplus of 3 billion to MoF
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Economic sentiment stable in April, consumer confidence drops by another 3 pts
EconomyMacroeconomy12-month period, April’s ESI is down roughly 3 points from May 2024. The average ESI in the EU stood... in the previous month. Consumer confidence is down 3 points on a 12-month rolling basis. The Employment.... The EEI is down roughly 1 point on the rolling 12-month period. Industry confidence stayed
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankinghalf in H1 to 0.5 percent, down from 1 percent a year ago. P&L Net interest income (NII) came to 1.05... respectively in H1 2023. Net trading income was just 3 million euros, from 39 million last year. Total... in H1 2023. Eurosystem funding dropped further to 1 billion euros of TLTRO III, with the remaining 1
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General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus tripled to 3 billion in the first two months of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin... to 13.3 billion primarily attributed to a notable rise in transfers by 1 billion to 2.07 billion, while
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingFollowing the notable rise of 11.3 percent in the second half of 2015, the total number of payment cards in the Greek market rose by 3 percent in the first half of 2016 compared to the previous... that it corresponds to 1 euro per 10,000 euros of card transaction value and to 1 transaction per 8,000 card
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBanking2021, 7.2 billion euros of Sunrise 1 in Q3 2021 and 2.7 billion euros of Sunrise 2 in Q4 2021... to be concluded with 600 million euros of Sunrise 3 in 2022. Piraeus intends to have an NPE ratio of less... to 11.2 percent pro forma for share capital increase of 1.4 billion euros carried out in Q2. Tier 1 ratio
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New bonds drive up central government debt by 3 bln to 404.69 bln in Q2
EconomyMacroeconomyGreece’s central government debt recorded a sizable rise of over 3 billion euros to 404.69 billion...-term (over 5 years) debt made up 70.5 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 17.6 percent and 11.9 percent respectively. Greece’s cash
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CPI tumbles by 1 pct in July
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1 percent in July after..., prices in health increased by 3.4 percent, in hotels, cafes and restaurants by 3 percent and in foods... and services posted a change less than 1 percent from the previous month’s level. Greece remains
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Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
EconomyMacroeconomyin the first quarter (Q1) of 2017, albeit at a slower pace of 1 percent from a downwardly revised growth... by 3 percent to 267.7 million, while those from non-EU countries declined at a sharper pace by 7... receipts are projected to rise by at least 1 billion and range between 14.2 to 14.5 billion in 2017
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomyGreece’s retail sales resumed growth with a 3 percent year-on-year (YoY) in June, after a marked decline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday... in volume data dissipated, although they still capture signs of the impact of prices, with fuels down by 1
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