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  1. Newsletter 176 -28/09/2018

    Newsletters

    3.5 percent as any amount in excess of the country’s quota has a rate of close to 4 percent. 2

    12%
  2. General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million to 14.28 billion (4 percent of the total). Bonds showed a fall of 33 million to 51.54 billion

    12%
  3. Retail turnover increases by 4.3 pct in August, volume rises 3.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index increased by 4.3 percent in August, a slight increase from July’s figure of 4 percent, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline index has remained positive for six straight months so far. Apart from the negative reading in February

    12%
  4. Newsletter 181 -2/11/2018

    Newsletters

    sales index increased by 4.3 percent in August, a slight increase from July’s figure of 4 percent

    12%
  5. Newsletter 184 -23/11/2018

    Newsletters

    to comfortably meet its target in 2018, when the primary surplus is due to reach 7.38 billion euros, or nearly 4

    12%
  6. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , or nearly 4 percent of GDP, versus a target of 6.5 billion, 3.5 percent of GDP. It is worth noting

    12%
  7. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    asset impact (-4 bps) and other activities (-2 bps) along with period results (+8 bps). The bank

    12%
  8. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    , rising by 4 percent on an aggregate basis in 9M to stand at 164 million euros. Trading and other

    12%
  9. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    with funding from the ECB’s main refinancing operations at zero cost, utilising its 4 billion euro ECB eligible

    12%
  10. After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    with the European Stability Mechanism (ESM) to use 4 billion euros from the cash buffer to pay off part of Greece’s

    12%