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  1. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a loss of 407 million euros in the first quarter (Q1) as it suffered from impairments arising from Covid and loan securitisation losses. The Q1 loss comes following a 518 million-loss on the Q4 of 2020, and compares with a 232 million-euro loss in Q1 of last year. Asset quality

    8%

  2. Jan budget execution impacted by unplanned pandemic spending and snowstorm
    Photo by MacroPolis

    EconomyMacroeconomy

    in the month. Tax refunds came to 232 million euros, short by 54 million euros. Expenditure In January

    8%

  3. Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros. Income tax revenues at 1.15 billion euros were just on target. Tax refunds came to 232

    8%

  4. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros. Revenues Net revenues at 45.14 billion euros, is above the target by 232 million

    8%

  5. Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    million euros in Q1, from 232 million euros in 2024. Loans impairments stood at 24 million euros in Q1

    8%

  6. Newsletter 120 - 26/05/2017

    Newsletters

    178 million short of the target, while direct taxes slightly beat the target by 22 million... above target. The year-to-date outperformance is due to higher than targeted direct taxes... proposal. Tsipras German Chancellor Angela Merkel and French President Emmanuel Macron

    8%

  7. Greece makes first contact with new Syrian leader as PM chases up missile issue in Paris
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    ignored the EU regulation 2019/452 which foresees that direct foreign investments undergoing control... and cooperation on the screening of foreign direct investments likely to affect security or public order... on Monday for the international conference on Artificial Intelligence, being hosted by President Emmanuel

    8%

  8. Mitsotakis heads on diplomatic tour of key capitals carrying vital questions
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsForeign Policy

    be addressed through a system that facilitates direct returns to third countries. Greek government... to hold direct peace talks in Turkey on May 13. The Greek Prime Minister will conclude his diplomatic..., Italy, and Berlin. Additionally, French President Emmanuel Macron has already informed Mitsotakis

    8%

  9. Mitsotakis projects readiness and EU-backed strength as Tsipras questions policy
    Image: Hellenic Navy

    PoliticsGreek Politics

    and purely defensive, and that Greece’s right to act is not subject to consultation - a direct response... critique of the government’s foreign policy. Greece may not be a direct participant in the Iran... was the decision by French President Emmanuel Macron and Greek Prime Minister Kyriakos Mitsotakis to travel

    8%

  10. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    is fully attributed to a drop in direct taxes by 706 million, while indirect taxes were kept almost stable. Direct taxes Direct taxes reached 19.76 billion euros in 2015 from 20.46 billion in 2014. Income tax, which is the key contributor to direct taxes, eased 114 million YoY to 12.09 billion

    7%