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  1. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    period, slightly down by 1 percent from last year, yet beating target by 2.65 billion. Revenues Revenues.... Overall, net revenues edged down by 1 percent in July, while increased by 4.5 percent to 25.95... lower than target. Overall, PIB balance recorded a surplus of 342 million in the 7-month period, down

    5%

  2. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    with lower expenses led the cost-to-income ratio down to 47.5 percent in Q2 from 49.2 percent in Q1... at the end of Q2. The NPL ratio edged down by 10 bps to 34.7 percent, while it slightly rose by 10 bps.... The ongoing deleveraging led gross loans down by around 300 million QoQ to 51 billion, while deposits

    5%

  3. Newsletter 88 - 16/09/2016

    Newsletters

    of Greece. This will probably mean the current controversy dying down but it is possible... for the third consecutive quarter, edging down by 1.1 percent in Q2, ELSTAT figures showed... down together and identify a roadmap towards developing a dynamic NPL market. The latter institution

    5%

  4. Budget primary surplus of 3.8 bln to Aug beats target by wide margin

    EconomyMacroeconomy

    Greece’s budget primary surplus edged down 1.1 percent to 3.76 billion euros in the 8-month period.... The state budget deficit stood at 1.04 billion euros in the 8-month period, down by 6.3 percent from... the 8-month figure stood at 4.79 billion, down 2.3 percent and 69 million lower than target. Summing

    5%

  5. Newsletter 89 - 23/09/2016

    Newsletters

    expenditure edged down for the first time since May by 0.6 percent to 3.27 billion, with the eight..., the corresponding payments surged 33.5 percent, dragging the travel surplus down by 5.9 percent to 2.61... judges are due to convene on September 30, would mean that the government should step down. Indeed

    5%

  6. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    and to 45.1 percent in 2018, while the ratio is seen down to 43.2 percent in 2021. A broadly similar... and the eurozone partners “have to sit down and think about arrangements that will lead to a realistic... to be a long‑term viable plan rather than more of “kicking the can down the road.”

    5%

  7. Newsletter 91 - 07/10/2016

    Newsletters

    down to 23.3 percent in 2016 and further to 21.5 percent in 2017. On the following day, the IMF... of 2.8 billion. A week of reconciliation Govt backs down on dispute with church, reaches out... million, while the number of unemployed edged down by 5,400 to 1.12 million. Over the last 12 months

    5%

  8. September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . The central bank funding balance edged down for the 15th successive month to 75.31 billion euros at the end.... This year it has come down by 32.20 billion. Owing to the higher fall in ECB funding compared to ELA... billion. The BoG financial statement also showed banknotes in circulation edged down for the fifth

    5%

  9. Current account surplus narrows to 1.82 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    euros in August, down from 2.2 billion a year ago, Bank of Greece (BoG) figures showed on Friday... down by 10 million while the secondary income deficit increased by 22 million. In particular... by 4.7 percent to 1.42 billion, driving travel surplus down 8.8 percent to 8.43 billion. Financial

    5%

  10. Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking

    Economy

    , down from an upward revised 58th place in 2016. Moreover, Greece’s position is the worst among high... by Getting Electricity, down by six spots to 52nd and Getting Credit, down by four positions to 82nd

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