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  1. Budget primary confirmed at deficit of 18.20 bln in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    of extraordinary transfers to EFKA and EOPYY of 943 and 263 million euros respectively, for covering the decreased

    17%

  2. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    billion euros, below the target by 383 million euros, from a mixture of higher transfer spending by 263

    17%

  3. VAT, income taxes help push May budget primary balance above target by more than 3 bln
    Finance Ministry

    EconomyMacroeconomy

    euros, below the target by 383 million euros, from a mixture of higher transfer spending by 263 million

    17%

  4. Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2
    Photo by MacroPolis

    EconomyBanking

    million euros in Q2, from 266 million euros in Q2 2022. Net fee income was 263 million euros in H1

    17%

  5. Jan primary surplus at 1.98 bln thanks to strong tax revenues and underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    euros deficit. Greece has also allocated 263 million euros in the RRF, 79 million euros above target.

    17%

  6. SYRIZA gives up on "odious debt" write-off but not major debt relief
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    this." His comments caused a stir because at last summer's founding congress, SYRIZA had made one its political goals the writing off of the "majority" of Greek debt. Stathakis's comment certainly appears... surplus target and to allow it to pay off its debt, despite lower servicing costs. This means that while

    17%

  7. Lenders set ambitious e-auction targets for Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to achieving those goals and their rationale is detailed in a dedicated box in the Compliance Report... at district courts concerned 5,600 properties, totalling EUR 1.1 billion. A very small fraction... into calling auctions off and the Athens-Piraeus-Aegean notarial association resorted to suspending

    16%

  8. Greece: The gathering storm
    Photo by Harry van Versendaal

    Agora

    for the turbulence ahead. One is that the new Greek government is still on a steep learning curve... partners”. It was just one of several personal jibes from the German minister towards his Greek... with Varoufakis in one room and Schaeuble in another to thrash out a deal before the meeting

    16%

  9. Tsipras's choices are becoming clearer but not any easier

    Agora

    from a cut to spending on existing pensions. This is a tall order for the Greek coalition. Even if one... to the poll of polls. An early trip to the ballot box would have the added benefit, as far as SYRIZA... in Germany that could lead to Berlin adopting a stance that is more friendly towards Greece. At the very

    16%

  10. Newsletter 375 - 24/03/2023

    Newsletters

    in May. What is less clear, though, is what kind of outcome will emerge from the ballot box in a few... in the tourism industry. The PM believes it is “very likely” that second elections will be required in order...’ the furthest away from investment grade compared to its peers, three notches compared to one notch

    16%