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  1. General govt primary cash surplus at 6.39 bln in October, arrears continue to decline
    Photo by MacroPolis

    EconomyMacroeconomy

    of the total. Arrears Arrears to the private sector (including tax refund arrears) fell by 200...) and local governments (-11 million). Hospital arrears declined by a slight 1 million euros. Rises of 4... constitute 19.4 percent of the total (832 million). Debt Central government gross debt rose by 3.78

    14%

  2. Travel balance up by 18.2 pct in October on increased foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of 14.2 percent and came to 782.4 million euros. For euro-denominated countries, the total rise... percent) and the US (-0.7 percent). In total, EU 28 arrivals rose by 10.3 percent. Those from euro... to 1.63 billion, which led the overall travel surplus to rise by 12.9 percent and land at a total

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  3. Greek 2017 primary surplus confirmed at 4 pct, well above target

    EconomyMacroeconomy

    data and in the reference year Greece produced a total surplus of 1.45 billion euros, which translates... the latest figures report a total balance of 0.6 percent of GDP, 1.09 billion, and a primary surplus... year, further savings have been agreed worth 1 percent of GDP, more than 1.8 billion, from

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  4. In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    of Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1... the unfavourable macroeconomic conditions, Greece turned around a total deficit worth 15.1 percent of GDP in 2009. In the previous FM issued in April the IMF anticipated a total deficit of -0.1 percent

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  5. Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 1,181 and remained above the 1,000-permit mark for 10 straight months... the economic crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84

    14%

  6. Building permits drop by 10.2 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 853, falling below the 1,000-permit mark for the first time in 10... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than

    14%

  7. Building permits drop by 5.1 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest monthly headline figure is the third consecutive drop in as many months. The total number... permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total...) of the year and by 1.5 percent in 2018 compared to an average price contraction of 1 percent in 2017

    14%

  8. Apartment prices up by 4 pct in Q1 for highest increase since 2007

    EconomyMacroeconomy

    , property prices rose by 1.5 percent compared to an average price contraction of 1 percent in 2017... Authority (ELSTAT) data showed. The total number of permits in February came to 955, improving from... increased by 21.8 percent. At 15,325 permits, the total for 2018 surpassed the total for 2017 by 1,478

    14%

  9. Piraeus Bank issues Tier II bond to strong demand
    Image via www.piraeusbank.gr

    EconomyBanking

    euros on Wednesday. In total, bids of over 850 million euros were submitted. On its website, the bank... of increasing Piraeus Bank’s total capital ratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors

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  10. Card usage gains traction with debit cards leading the way, BoG finds

    EconomyBanking

    to the latest data, the total number of active payment cards in circulation at the end of 2018 came to 17 million, recording a rise of 1 percent year-on-year (YoY) versus 2017. The majority of these cards... that in 2018, a total of 924 million card transactions took place, an increase of 28 percent YoY

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