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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomyby 1.12 billion euros. Primary expenditure came to 24.11 billion euros, below target by 47 million. Net.... As mentioned, net revenues amounted to 26.05 billion euros in the aggregate period, above target by 508... million. The corresponding expenditure stood at 277 million, under target by 78 million and leading
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Newsletter 188 -21/12/2018
payments showed a decline of 277 million euros to come to 5.19 billion euros. Overall expenditure from... and potentially eligible for backpay claims. Although in net fiscal terms the amount is more..., doctors, judges and lecturers, who were awarded a gross amount of 1.4 billion (820 million euros net
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Newsletter 230 -29/11/2019
as of the end of October, stood at circa 277 percent of the quota and an outstanding debt of just over 9... million euros. Net revenues came to 43.37 billion euros, beating the aggregate target by 97 million... balance remains positive for seventh month Net deposit movements in the Greek banking system were
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammemeasures are needed to close the projected gaps of 2.02 billion (1.1 percent of GDP) in 2015 and 3.74... arrears to the private sector worth 5.5 billion in 2013, an additional clearance of arrears amounting... provisions over NPLs) stood at 49 percent, while NPLs net of provisions exceeded the bank’s capital (138
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Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
EconomyMacroeconomy. On the flipside, household final consumption strongly rebounded by 5.5 percent to 31.81 billion euros in Q3... soared 19 percent to 3.23 billion in Q3 after a short-lived drop by 1.1 percent in Q2. Since 2009... to a record -10.2 percent in Q3 from -7.5 percent in Q2. In addition, net borrowing increased to 3.36
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Building activity increases for second straight month after 11.1 pct rise in Jan
EconomyMacroeconomyby 1.1 percent, while volume declined by 12.4 percent. The geographical breakdown revealed the most... dropping by 5.5 percent after a much slower decline of 0.9 percent in 2015. In addition... early 2011, with balances down by more than 24 percent in the last six years on extended net
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Building activity drops by 3 pct in September, permits increase above 1,000
EconomyMacroeconomyby 5.5 percent after edging down by 0.9 percent in 2015. Building surface and volume declined by 12.8.... This followed a drop of 1.1 percent in Q2. Apartment prices have been falling since the first quarter of 2009. Net deductions in the household loan sector came to 156.2 million in October, with the balance
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Building activity increases by 16.4 pct in October
EconomyMacroeconomysuccessive year in which building activity contracted, with building permits falling by 5.5 percent after... percent drop in apartment prices year-on-year in the third quarter of 2017. This followed a drop of 1.1 percent in Q2. Apartment prices have been falling since the first quarter of 2009. Net deductions
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IFRS 9 provisions required by banks in line with expectations
EconomyBankingin the region of 5.5 to 6 billion euros. Alpha Bank announced that its estimate for the IFRS adoption is 1.1 billion euros net of tax, Eurobank announced with its full-year 2017 results that the impact
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) recorded net losses of 1.14 billion in the first half of 2016 from 4.15 billion in the corresponding period last year, according to the interim financial report published on Wednesday This year’s bottom line result was weighed by valuation losses of 1.05
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