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Budget primary balance at 498 mln in Jan as net revenues fall short of target
EconomyMacroeconomyto 4.68 billion euros, exceeding the target by 232 million. The underperformance was mostly driven
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Newsletter 240 -21/02/2020
the target by 232 million. The underperformance was mostly driven by increased interest payments of 204
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Primary cash surplus at 132 mln in January
EconomyMacroeconomyeuros. Expenditure came to 4.68 billion euros, exceeding the target by 232 million. It should be noted
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyeuros, exceeding the target by 232 million. This was mostly driven by increased interest payments
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Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
EconomyMacroeconomyto address the effects of the health crisis, tax revenues show an increase of 232 million euros. Tax
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankinglosses of 232 million in Q1 2020. Pre-provision income (PPI) came to 470 million euros in H1 versus 402
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingimpact of 324 million). Net profits in Q2 came to 82 million versus losses of 232 million in Q1
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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingPiraeus Bank posted a loss of 407 million euros in the first quarter (Q1) as it suffered from impairments arising from Covid and loan securitisation losses. The Q1 loss comes following a 518 million-loss on the Q4 of 2020, and compares with a 232 million-euro loss in Q1 of last year. Asset quality
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Jan budget execution impacted by unplanned pandemic spending and snowstorm
EconomyMacroeconomyin the month. Tax refunds came to 232 million euros, short by 54 million euros. Expenditure In January
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Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
EconomyMacroeconomymillion euros. Income tax revenues at 1.15 billion euros were just on target. Tax refunds came to 232
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