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BoG highlights areas of concern in underlying NPE data
EconomyBankingalarming signs in the underlying qualitative data on the dynamics of the NPE development that require
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BoG data shows drop in card usage in first half of 2019
EconomyFeaturesThe Bank of Greece (BoG) Financial Stability Report for December has shed light on a number of fiscal trends in Greece, including the rise in card transactions in 2019. The data showed that in the first half of 2019, the total number of payment cards in circulation rose by 4 percent compared
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Slight easing of Covid-19 data as focus turns to retail, budget
PoliticsGreek Politicsin Kathimerini citing Finance Ministry data suggested that eight in 10 companies and one in three
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Data for total revenues in Q2 reflects recovery from end of lockdown
EconomyMacroeconomyThe latest turnover data released by the Hellenic Statistical Authority (ELSTAT) reflects signs of recovery in the Greek economy as in the second quarter of the year total revenue reached 78.38 billion euros, up by 29.4 pct year-on-year (YoY). ELSTAT has been monitoring the impact of the pandemic
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Worrying Covid data forces ND to take tough policy decisions
PoliticsGreek PoliticsCentral and local government officials held an emergency meeting on Monday to discuss ways of strengthening the public health system, particularly in northern Greece, in the wake of more worrying Covid data. New Democracy hoped that the pandemic would prove easier to deal with this autumn compared
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PM stands firm on Covid rules as health data deteriorates fast
PoliticsGreek Politicswith the worsening Covid data. The seven-day rolling average of new deaths from coronavirus has shot up to 0.5
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Nov budget data confirms tax revenue outperformance at 784 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set in the new 2022 final
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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance is more than 600 million euros better compared
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Resilience evident in Apr budget execution data as taxes beat target by 1.79 bln
EconomyMacroeconomyThe budget primary balance for the first four months of 2022 came to a deficit of 811 million euros, compared to a deficit of 6.2 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat
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