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Newsletter 485 - 21/11/2025
the 2.2% estimate for this year. Private consumption is expected to remain robust, though slightly more... channelled via commercial banks will reach 75% of the total envelope. Reports suggest, however.... On a more encouraging note, exports are expected to double their growth to 4.5% in 2026, from 2.2
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Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln
EconomyMacroeconomyof October from 62.55 at the end of 2013. The drop by 2.2 billion year to date reflects payments of 1.42... below the annual targets. Note that targets were set as a percentage of collections over total taxes
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The race to reduce Greece's bad loans
EconomyBankingon target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate..., the SSM is expected to put the total of NPLs at around 20 percent of total loans and down to single
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Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomyshort of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... at 382,650, representing a rise of 86,911 from the previous quarter. The relevant amount rose by 859 million
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Newsletter 186 -07/12/2018
. Out of the bonds total, close to 5.8 billion euros is bonds held by the Eurosystem while 2.5 billion.... GDP shows annual growth of 2.2 pct in Q3 New investment framework drafted to attract business... of services rose by 2.2 percent QoQ. Final consumption expenditure edged down by 0.2 percent
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April primary surplus beats target thanks to improved taxes and contained spending
EconomyMacroeconomy. The total budget balance up to April showed a surplus of 1.88 billion euros, from a 1.65 billion euros... 884 million euros from the RRF this year.
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
EconomyMacroeconomyto 18.07 billion euros. Net revenues were 25.18 billion euros. The total budget balance for April showed... euros. It has also received a new tranche from the RRF of 884 million euros.
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingand unsecured consumer loans for a total outstanding principal of 1.1 billion. Of the total.... The total collateral is valued by NBG at 1.1 billion euros, of which 650 million concerns commercial... quarter, the figure came to 17.8 billion, leaving 2.2 billion to reduce by year end. Alpha Bank Towards
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomypercent of GDP. The report shows that the total contribution of travel and tourism to GDP, including... was ranked 26th in terms of direct tourism revenues and 29th in terms of total contribution worldwide..., with Greece ranking 102nd and 110th for the direct and total contribution respectively. The money spent
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingcorresponding to only 1.8 percent of the total amount. Although initial press reports had indicated... of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative
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