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IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
EconomyProgrammeThe International Monetary Fund (IMF) published on Tuesday the report for the Article IV consultation with Greece, which was discussed by its executive board last week. The Fund anticipates that the growth which began in Greece last year to continue in ...
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek PoliticsThe government continues to press ahead with a patchwork of measures to enforce or encourage vaccination, as uptake appears to have stalled among a significant section of the population. Parliament passed a controversial amendment on Thursday introducin...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Spain is not Greece: Part two
Agoraof them echoing some of the indignados’ themes. Around a dozen of Greece’s flags could be seen... years old, whereas most of those who attended the march had grey hair. Many Republican flags, mostly
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingto CVC Capital Partners’ Fund VII for about 455 million euros. That includes an “earn-out” payment
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Newsletter 371 - 24/02/2023
of Hellactor with Motor Oil and the sale of National Insurance to CVC Capital. It is indicative
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