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  1. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    budget total revenues stood at 24 billion euros for the first six months, higher than the target by 93... Budget. The state paid 611 million euros in compensation to lessors due to decreased rents; 155

    18%

  2. Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    by 729 million euros. Revenues State budget total revenues stood at 24.04 billion euros for the first... 611 million euros in compensation to lessors due to decreased rents; 155 million euros for the grant

    18%

  3. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    , from 11.9 percent in 2022. The bank’s Total Capital Ratio stood at 20.7 percent, from 14.9 percent...Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022

    18%

  4. Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached 2,717, from 2,065... in Attica (611), in line with the historical trend, and the smallest number of permits were issued

    18%

  5. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    of 416 million on 486 million of total Q1 provisions. Core pre-provision income (PPI) fell by 6 percent... (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7... percent of their clients are estimated to be highly affected by Covid 19. The bank’s total exposure

    18%

  6. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    ) with a fall of 507 million euros from a year earlier, bringing the total for the month to a deficit... compared with a year earlier, followed by transfers, which were 277 million euros lower. Taxes... of the total, hospitals made up the largest part of the arrears in March. Debt Central government gross debt

    18%

  7. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54.... Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic... billion euros. The total fiscal cost of the pandemic interventions in 2022 was 4.4 billion euros

    18%

  8. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
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    EconomyMacroeconomy

    interventions for a total of 5.73 billion euros for 2015 and 2016, of which 1.54 billion relate to this year... revenues, which make up two-thirds of total interventions in 2015 and 56 percent in the 2-year period...), rise in the corporate tax rate (150 million). Cost savings of 2.53 billion euros in total

    17%

  9. The ins and outs of the Greek bank recapitalisation process
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    Economy

    As the dust settles from Greece’s whirlwind agreement with lenders in August, attention is falling on the recapitalisation process for Greek banks. The Eurogroup statement of August 14 sprung..., since they are not as severe as previously feared, yet it is not clear whether the binding scenario

    17%

  10. Strong showing in local elections for ND as it targets majority in national vote
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    PoliticsGreek Politics

    Konstantinos Zervas sprung a surprise, winning around two thirds of votes in a contest

    17%