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Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
EconomyMacroeconomyto 17.71 billion euros against last year’s total of 16.94 billion. Compared to the same time last... came to 16.10 billion euros, very slightly over target by 5 million. Net revenues came to 17.32
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBanking. The consideration of the transaction equals 5 percent of the 1 billion outstanding principal amount... billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During
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Greeks seen working longer, until July 18, to meet annual tax bill
Society5, 31 days earlier than in 2010 (August 6). Hungarian workers have seen their real net pay increase... the total amount from tax measures rising to 5.12 billion from 3.06 billion in 2016. Criticism
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More changes needed to unlock private sector's potential, report says
EconomyFeatures- and knowledge-intensive sectors in the total economic output has risen slightly, and the share of fast... can and should aim for growth rates of 5 percent as this poses a realistic scenario considering
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Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
EconomyMacroeconomyin GDP. The figures showed that employees’ total remuneration grew by 2.9 percent, rising from... of -5 percent.
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NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingpercent in Q1) and 74 percent at the group level. The total Greek loan yield fell slightly to 368 bps from 377 bps in Q1. Fee income fell by 5 percent QoQ to 59 million, rising by 3 percent
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SYRIZA and ND go head-to-head over promises to lighten tax burden
PoliticsGreek Politicstwo years, cutting the tax on dividends to 5 percent over a period of two years, bringing down... to be implemented next year will be worth 1.2 billion euros, while the total package for the 2019-22 period
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Greek leaders' contrasting visions all a blur
Agorafrom 15 to 5 percent, a 30 percent cut in the ENFIA property tax over two years, reduction... reportedly told investors in London that the total fiscal space over the next four years will amount to 3.5
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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammein September. Of this total, 766 million euros of measures will be on the expenditure side. According... are necessary. It is expected that the matter will be resolved by the November 5 Eurogroup, once
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammein the civil service, as opposed to the 1:5 ratio that has been in place for the past few years... Income. An additional 50 million has been earmarked for winter heating payments to take the total budget
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