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  1. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

    17%

  2. Greece enters second year of deflation as CPI falls 1.3 pct in March

    EconomyMacroeconomy

    at 4.4 and 3.7 percent respectively. A second group including transport, recreation and culture... mainly reflects the reduction of the respective VAT rate by 10 percentage points as of August 1

    17%

  3. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    monthly reading this year. VAT and consumption taxes grew by 3.9 and 26 percent respectively in July. Nevertheless, the 7-month figures still indicate a year on year drop of 2.2 and 4.4 percent

    17%

  4. Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln

    Economy

    a shortfall of 452 million. VAT revenues showed a similar movement easing 1.3 percent in December... year to 41.93 billion, 488 million better than target. In particular, salaries and pensions rose 4.4

    17%

  5. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    billion, 6.4 percent or 881 million below target. The underperformance is largely attributed to VAT.... The breakdown of primary expenditure showed salaries and pensions rose 4.4 percent in July and 2.3 percent

    17%

  6. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    is up by almost 1 billion euros, also including the quarterly VAT payment. Total ENFIA revenues... percent in October bringing the 10-month figure up 4.4 percent to 5.33 billion in line with target

    17%

  7. Drop in CPI slowed to 0.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    movements in June prices were posted in transport (-4.7 percent), housing (-4.4 percent), health (+2.8... VAT rate from 23 to 24 percent was implemented, with estimated revenues of 0.25 percent of GDP

    17%

  8. Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

    EconomyMacroeconomy

    in the 6-month period to 4.15 billion, 319 million above target, while VAT recorded a similar.... Direct taxes rebounded 23.5 percent in June and 4.4 percent in the first six months of the year

    17%

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

    EconomyMacroeconomy

    Greece’s budget primary surplus fell by 4.4 percent to 3.55 billion in the 7-month period of 2016 from 3.71 billion last year, the Finance Ministry (MoF) final budget execution bulletin displayed... and reaming the key contributor to the revenue overperformance. In particular, VAT revenues fell

    17%

  10. Budget primary surplus at 3.54 bln in August, 29 mln off target on tax refunds, low revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    million, missing their target by 788 million euros. Revenues from VAT rose by 8.5 percent in August... million euros. Overall, expenditure fell by 4.4 percent to 31.12 billion, coming in lower than target

    17%