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  1. Newsletter 155 -16/03/2018

    Newsletters

    on the DSA because our DSA runs until the year 2060, and whatever measure is initiated to strengthen... of that year, Greece had attracted close to 4 billion euros in offers but for a steep yield of 4.85 percent... late last year of favouring Savvidis by introducing an amendment that would prevent investors from

    2%

  2. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    Alpha Bank reported net profits of 21.1 million euros for the full year of 2017. Net profits from...) and operating income. For 2017, core PPI increased by 2 percent year-one-year to 1.21 billion. Asset... million in the previous quarter. Across the year, NPE stock in Greece fell by 2.6 billion euros. Broken

    2%

  3. Budget primary surplus confirmed at 2.75 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2018, up by 28.9 percent against last year’s figure of 2.14 billion euros, the Finance Ministry... figure of 1.85 billion. Year-on-year, February’s primary balance fell by 19.4 percent against... billion euros, up substantially against the balance for the same time last year (434 million

    2%

  4. Extra taxation did not increase revenues in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , according to the latest data from ELSTAT. The year ended with general government revenues coming in lower overall compared to the same time last year. In 2016, general government revenues came to 87.37... advanced payment of tax for the year, and for those on high incomes. These measures were anticipated

    2%

  5. Budget primary surplus at 2.33 bln in April on strong PIB underspend
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The figure for the same time last year stood at 1.73 billion. The primary surplus strongly beat its... euros, a notable increase compared to the balance for the same period last year which showed a deficit... showed an increase of 12.6 percent year-on-year to 3.55 billion. The figure also increased against

    2%

  6. Budget primary surplus confirmed at 635 mln in June on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year’s figure for the same period came to 1.94 billion. The primary surplus beat its target by 1.10... recorded this year. For the same period last year, the deficit came to 1.60 billion. Despite coming... revenues rose by 1.6 percent year-on-year (YoY) to 3.75 billion, up from May’s figure of 3.34

    2%

  7. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Last year’s figure for the same period came to 3.02 billion. The primary surplus beat its target... the second deficit recorded this year. For the same period last year, the deficit came to 1.35 billion... in June. Revenues Monthly gross revenues edged up by 0.7 percent year-on-year (YoY) to 5.32 billion, up

    2%

  8. General govt primary cash surplus at 2.82 bln in July, arrears unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year, down by 1.33 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs), which fell by 574 million euros

    2%

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

    EconomyMacroeconomy

    months of the year, reduced by 750 million euros compared to the same period last year, according... year-on-year (YoY) decline was noted in social security funds (SSFs), which were reduced by 445 million euros to stand at 1.29 billion euros. The equivalent figure for the same time last year was 1.74

    2%

  10. Feb current account deficit at 990.4 mln as services balance improves
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The respective figure for the same time last year showed a deeper deficit of 1.40 billion euros, meaning that year-on-year (YoY), the deficit has improved by 407.2 million euros. The YoY improvement was driven... to a surplus of 489.3 million from 321.8 million a year ago, or an increase of 52.1 percent YoY

    2%