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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
Economyalso includes Global Investment Group, which reportedly consists of Al Maabar from Abu Dhabi
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsinvestment firm Fosun International and Abu Dhabi-based investors Al Maabar won a 915-million-euros
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Alpha and NBG complete sales of hotels
EconomyBankingis controlled by Dogus (33.75 percent), Abu Dhabi Investment Council (25 percent) and the Kuwait
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Slow pace of civil service evaluation, Hellenikon deal add to review agenda
PoliticsGreek Politics, which is controlled by the Latsis family group, Chinese investment firm Fosun International and Abu
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Investors voice concerns about delays to Hellenikon as mine talks falter
EconomyFeaturesHills (Abu Dhabi) expressed their concern about delays to the project on Tuesday and laid out
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Newsletter 139 -10/11/2017
. The Hellenikon Global consortium made up of Greece's Lamda Development, Fosun (China) and Eagle Hills (Abu
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New twist in Hellinikon saga as Lamda goes it alone
Economy, it was announced that China’s Fosun and Eagle Hills from Abu Dhabi, partners in the project’s consortium
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