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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomypercent in March and 33.1 percent in Q1 to 1.01 billion, exceeding target by 252 million. Overall, net
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomyGreece’s central government net balance to March on a cash basis showed a deficit of 1.14 billion. 59 percent lower compared to last year’s 2.76 billion, according to the Bank of Greece (BoG... basis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG
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Newsletter 7 - 12/12/2014
from the HFSF’s coverage of the funding gap of 12 banks (net value of assets minus liabilities... that cumulative collections stand at just 277 million so far. Those banks (six commercial and six
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Primary cash balance posts deficit of 316 mln in first 5 months
EconomyMacroeconomyof the year. It is noted that, excluding arrears’ payments, the respective figure dropped by 277 million... stemmed from a rise in net revenues by 3.7 percent coupled with a drop in expenditure by 3 percent
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Primary cash surplus at 20.34 bln in November as revenues grow
EconomyMacroeconomymillion euros to stand at 253 million. On an aggregate basis, interest payments showed a decline of 277... billion euros. Primary expenditure came to 37.35 billion euros and was below target by 1.25 billion. Net
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyversus a slightly downward revised YoY growth of 1.1 percent in Q1. The GDP movement in Q2... dropped by 5.5 percent versus Q1. Final consumption expenditure increased by 0.7 percent compared... and services rose by 3.3 percent. The YoY GDP growth was primarily driven by a 1.1 percent rise in gross
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
EconomyBankingEurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs... was 86.4 percent, up by 10.9 percentage points. P&L Net interest income in 2023 increased by 46.9 percent
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomy. The monthly flow remained subdued for the second straight month with net deductions of 28.7 million euros in December from net additions of 61.7 million in November. The modest negative flow in December reflects household and sole proprietors’ net deductions of 157 and 15 million respectively mitigated
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomyis the lowest rate of decline since April 2011. More importantly, the net lending flow stayed positive.... The April figure is the highest reading since June 2012, when net additions stood at 853 million. The positive flow in April is almost entirely attributed to corporate sector net additions of 763
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