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  1. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    . When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last

    5%

  2. Newsletter 210 -07/06/2019

    Newsletters

    , pointing out that this would allow Greece to pay off its debt quicker. One of the potential dangers... from the lenders regarding Greece’s public finances veering off track due to SYRIZA’s handouts... appears to be improving in health, the issue of unpaid taxes is one that continues to remain

    5%

  3. Mitsotakis sworn in as prime minister as attention turns to Cabinet picks

    PoliticsGreek Politics

    than 200 million euros in the first quarter. Hatzidakis could be tempted to dust off his old plan to spin off a “small PPC” unit, which SYRIZA shelved when they came to power in 2015. In a nod... parties, the final tally confirmed one of the big stories of election night as the far-right Golden

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  4. Budget primary surplus at 382 mln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    figures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments that took place until June 2019

    5%

  5. Budget primary surplus confirmed at 381 mln in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    incorporated into 2019 figures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments that took

    5%

  6. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    982 million euros have been incorporated into the 2019 figures to cover the one-off payments... that these one-off payments that took place until June 2019 in connection with ministerial decisions

    5%

  7. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    of 982 million euros that have been incorporated to 2019 figures, so as to cover the one-off payments of law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The one-off

    5%

  8. Fiscal issues dominate talks as fourth post-programme review ensues
    Photo by MacroPolis

    EconomyProgramme

    in the regular settlement schemes that currently stand at 12 months for income tax and 24 for one-off items... areas that require the sign off from the country’s lenders. The finance ministry has estimated... that the issue remains open, with an extension by one month being possible while the flow

    5%

  9. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    one-off items, specifically the bank’s voluntary retirement scheme, PPI rose by 15 percent QoQ. PPI.... Excluding one-off items, PPI for the same quarter last year was 209 million euros. Net interest income

    5%

  10. Athens steps up diplomatic efforts amid ongoing friction with Ankara

    PoliticsForeign Policy

    as relations with Ankara remain the number one foreign policy issue for Athens. Greek authorities were... the Turkish vessel Oruc Reis was a minor one. The ship most likely sailed into the area of Greece’s continental shelf in order to avoid bad weather off the coast of Cyprus before sailing off again

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