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  1. Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’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’...

    27%

  2. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek 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 ...

    27%

  3. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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...

    27%

  4. Greece as an energy hub: Reality or wishful thinking?
    Photo via www.tap-ag.com

    EconomyFeatures

    huge potential thanks to ample wind, solar and geothermal supplies. At a time when the EU’s

    25%

  5. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros. The next tool NBG lists is a scheme called Project Solar, which entails recovery

    25%

  6. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    of Project Solar (secured SME loans securitisation), Project Phoenix (residential mortgage

    25%

  7. Mitsotakis shifts focus to tax plan, investment, law and order

    PoliticsGreek Politics

    metering applications, biomass generation, and even solar panel manufacturing in Greece. Kathimerini

    25%

  8. Xi's visit carries promise of closer Sino-Greek political, economic ties
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    to get involved in the Attica-Crete electricity interconnector and the construction of solar parks

    25%

  9. Newsletter 228 -15/11/2019

    Newsletters

    involved in the Attica-Crete electricity interconnector and the construction of solar parks. A joint

    25%

  10. The dragon's head roars in Athens
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    electricity interconnector and constructing a 50-megawatt solar power station on the island of Crete

    25%