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ATHEX net profits down 54 percent in Q1 2016
Economyin the market as the underlying causes. Τotal operating expenses including new activities amounted to 4.16
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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomyeuros in May from a small surplus of 43 million in April. In addition, the 5-month state budget deficit... by 15.9 percent in May after falling in the two previous months. In absolute terms, revenues stood at 3.38 billion euros in May, beating the target by 514 million, which represents the highest monthly
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomy, albeit at a slower rate, by 4.5 percent month on month (MoM) in May from 9 percent in April. The increase... showed arrears reached 5.04 billion at the end of May from 4.82 billion in April. This means that creation of arrears almost halved in May to 218 million from around 400 million in each
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomyGreek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011... deductions to 253 million in May from 542 million in April and is entirely attributed to household
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Unemployment rate fell to 25 pct in May, its lowest level in the last three years
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell for the second straight month in May, when... (ELSTAT). The May headline figure is the lowest reading since June 2012. The non-seasonally-adjusted...) from 25.5 percent in April to 24 percent in May. This is also the lowest reading in the past three
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomy. On a monthly basis, the budget execution displayed a primary deficit of 448 million euros in May, from a surplus of 43 million in April, mainly reflecting a deterioration of the PIB balance in May. The state... (before tax refunds) strongly rebounded by 15.5 percent in May after dropping in the preceding two
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Jan-May travel balance of 1.78 bln beats same period in 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance was significantly higher than the 144.7 million euros registered in May 2021. It was also higher than
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Newsletter 210 -07/06/2019
for New Democracy following its significant victory in the May 26 European Parliament elections... by the government before the EU elections on May 26 would have a fiscal impact of 1.1 to 1.4 percent... in May Month-on-month, the index showed a fall of 1.1 percent May’s reading has kept the index positive
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Newsletter 16 - 20/02/2015
Tackling the revenue lag EU institutions may object to certain changes for paying tax arrears One... and did not provide for a tax debt haircut. A delicate balancing act Party reaction may be bigger... or in the days ahead, Lafazanis and some 30 MPs that are loyal to him may feel this would
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