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  1. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    . The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first... negative impact on trade deficit evolution was the higher net payments for ships’ purchases. If the latter... contributor to 4-month trade deficit was higher net payments for ships’ purchases offsetting a decline

    26%
  2. PM makes limited, cautious changes to cabinet after election disappointment
    Image: www.primeminister.gr

    PoliticsGreek Politics

    and Stavros Papastavrou had to resign as Deputy Minister to the PM and Minister of State... at ministerial level in five departments: Development, Migration, Interior, Labour and Agricultural... as Interior Minister. Kostas Tsiaras, once a justice minister under Mitsotakis, becomes the new

    23%
  3. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    . National Bank of Greece (NBG) had the strongest profitability, net profits from continued operations came to 253 million euros compared to 48 million euros for H1 2018. Alpha Bank showed net profits... net results of 32 million euros in the period compared to a loss of 58 million euros for H1 last year

    22%
  4. Greece's C/A deficit for March drops sharply to 44.4 mln

    EconomyMacroeconomy

    that the lower trade deficit is attributed to a decline in the net oil import bill and an improvement.... The latter arises from higher net payments for purchases of ships offsetting lower net oil import bill. Higher services surplus is attributed to increased net receipts primarily from the transport

    20%
  5. Newsletter 22 - 03/04/2015

    Newsletters

    , ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... Sakellaridis also played down the comments from Interior Minister Nikos Voutsis and Labour Minister

    18%
  6. Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    came to 33.26 billion euros, 1.87 billion euros below the target. Net revenues came to 39.27 billion... for a seventh consecutive month to stand at 812 million, declining from September’s figure of 999 million... have exceeded the full year target by 35 percent. Overall, net revenues amounted to 39.27 billion euros

    15%
  7. Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    budget, came to 11.81 billion euros. Net revenues came to 16.83 billion euros. The budget balance up.... The overall balance is better than the target by 2.81 billion euros. Revenues Net revenues... by 1.51 billion euros, while transfers were up by 812 million euros. This overperformance is due

    14%
  8. Protests give Mitsotakis chance to round on under-fire coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    , which is going under the banner of “Resign,” more people will start to question whether... be a rally calling for a government that was elected democratically last year to resign. Either way... derogatory comments against the demonstrations came from Interior Minister Panayiotis Kouroublis

    12%
  9. Central gov't cash surplus rises by 53.8 pct to 603 mln in January

    EconomyMacroeconomy

    Greece’s central government net balance on a cash basis showed the surplus widening by 53.8 percent to 603 million euros in January from 392 million last year, according to the Bank of Greece (BoG). At the same time, the primary cash surplus rose to 812 million, up by 27.7 percent compared to last

    12%
  10. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    . As a result, net revenues remained almost flat year on year at 4.39 billion, falling short of target by 274... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika

    12%