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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammeof 0.3 billion, net financing needs amount to 15.3 billion. These would be covered by programme... billion result in net financing needs of 16.2 billion. Programme disbursement is seen at 18.2 billion... primary deficit is seen at 3 billion. Net financing needs are estimated at 5.2 billion euros
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Finance Ministry says revenues beat revised target by 105 mln in July
EconomyProgrammeIn response to Wednesday’s press reports noting that net revenues in July fell short... million above the target of 208 million. Lower revenues coupled with higher tax refunds led net... tax refunds) beat the target by 621 million euros and net revenues by 261 million, according
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Greek stocks fall 1.5 pct, banks underperform for third straight week
Economyfor Eurobank improving its CET1 ratio by 27 bps. Grivalia Properties net profits fell by 76 percent to 5..., the company’s net asset value (NAV) stood at 846 million or 8.35 euros per share. Mytilineos net... net profits by 33.6 percent to 19.4 million with revenues up by 2 percent to 262.6 million, while
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Greek stocks rebound 2.4 pct, banks edge down for fourth successive week
Economy. Corporate news Coca Cola Hellenic (CCH) posted on Thursday a 2.4 percent rise in FX neutral net sales in the first half (H1), while accounting for the currency movements reported net sales fell by 3.4 percent. Comparable net profit increased by 6.1 percent to 150.4 million. On the same day, Hellenic Telecom
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Newsletter 89 - 23/09/2016
of the net monthly departures of 164,723. Despite the deteriorating performance in August, the year-to-date employment balance remains positive with net hirings of 237,817, which is a new 15-year... to lower net travel receipts. Although C/A performance worsened in July, the aggregate figures
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Greek stocks rebound 2.6 pct during week as banks lead way
Economyinvestment funds. Aegean Airlines reported net loss of 23.7 million in the first half (H1) compared to net profits of 14.8 million a year ago, while EBITDA was also negative at 20.1 million from... to 47.7 million from 48.3 million last year. Net Asset Value (NAV) stood at 756 million
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy. Budget net revenues are forecast to increase by almost 2.3 billion euros to 50.37 billion in 2017... with a net savings impact of 99.4 million involve: 1) Social security contributions and social allowances with estimated net savings of 297.4 million, largely stemming from gradual reduction in EKAS
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Newsletter 97 - 25/11/2016
(440 million). On the expenditure front, the budget estimates net savings by social security... by 1.77 billion, mainly due to a remarkable decline in net transport receipts. BoG figures also... of 102.2 in Q3 2008. National Bank of Greece (NBG) turned profitable in Q3, with net profits reaching
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Newsletter 100 - 16/12/2016
workers. The employment balance remained negative in November, with net departures increasing... in November. The biggest contributor to November net hirings was education, which added 7,054 jobs. In contrast, the highest net departures were recorded in accommodation (-32,150) and food services
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Job departures hit 17-year high of 29,817 in January
EconomyMacroeconomyThe employment balance stayed negative in January 2017, with net departures climbing to 29,817 from.... This year’s figure is the third successive and the highest reading for January net departures since... to January net hirings was education (+3,296) followed by repair and installation of machinery
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