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  1. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    this year, aided by a recovery in nominal GDP, while the government's net debt-to-GDP trajectory... is recovering, which is also reflected on the gradual increase in net foreign direct investment (FDI), the key

    2%

  2. Primary surplus confirmed at 1.44 mln in Mar
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    euros. Net revenues came to 11.99 billion euros, above target by 1.33 billion euros. The monthly... figure shows a decline of 14.7 percent. Overall, net revenues amounted to 11.99 billion euros

    2%

  3. Budget primary surplus at 1.46 bln in Apr, above target by 2.13 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Net revenues came to 15.95 billion euros, above target by 1.31 billion euros. The monthly... of 12.3 percent. Overall, net revenues amounted to 15.95 billion euros in the aggregate period

    2%

  4. Deposits up by 1.54 bln in April, rising for second consecutive month
    Photo by MacroPolis

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned positive by 1.54 billion in April after inflows of 1.22 billion euros in March, Bank of Greece (BoG) figures revealed. The current month’s flow marks two months of positive inflows after two months of outflows. It represents the highest net

    2%

  5. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    ) results, Piraeus Bank posted net profits of 14 million euros from continued operations. NPEs fell... the bank noted would be leveraged for their upcoming initiatives. Net profits came to 19.7 million

    2%

  6. Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect

    EconomyMacroeconomy

    euros. Primary expenditure came to 18.11 billion euros. Net revenues came to 20.19 billion euros... figure shows a decline of 11.6 percent. Overall, net revenues amounted to 20.19 billion euros

    2%

  7. Piraeus Bank issues Tier II bond to strong demand
    Image via www.piraeusbank.gr

    EconomyBanking

    issue. In its Q1 results, Piraeus Bank posted net results from continued operations showing a profit of 14 million euros compared to a net profit of 145 million in Q4 2018. The latest results reflect

    2%

  8. Current account deficit drops in April on improved goods and services balance

    EconomyMacroeconomy

    of 85.2 million euros. According to the BoG, the improvement was driven by a decline in the net oil... grew largely due to a higher net import bill for goods excluding oil, BoG noted. The oil balance

    2%

  9. Newsletter 211 -21/06/2019

    Newsletters

    billion euros. Net revenues came to 20.19 billion euros, beating the aggregate target by 2.55 billion..., the improvement was driven by a decline in the net oil import bill (-62.9 million euros YoY), while the non

    2%

  10. Budget primary surplus confirmed at 916 mln in May on higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    . Primary expenditure came to 18.11 billion euros. Net revenues came to 20.19 billion euros, beating... in the aggregate period. Overall, net revenues amounted to 20.19 billion euros in the aggregate period

    2%