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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politics-government spending review is also hoped to generate up to 2 billion euros of savings. Ministries
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingremained a priority. The deal with PIMCO for a 2 billion euro NPE securitsation , marked another
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBanking. Piraeus Bank’s NIII rose by 2 percent to 719 million, while Eurobank’s figure dropped by 3.6
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Athens boosted by Lagarde's comments on primary surplus, but no move due for now
PoliticsGreek Politicsbe “reviewed carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2
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Trade deficit rises by 6.3 pct in July
EconomyMacroeconomy. Excluding the value of oil products and ships, the trade deficit increased by 2 percent YoY in July
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Turnover in tourism rises by 12.9 pct in Q2
EconomyMacroeconomyby air rose by 2 percent. In the aggregate period, arrivals rose by 4.4 percent year-on-year. Early
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ND unveils development bill it sees as catalyst for growth
PoliticsGreek Politicsperiod longer than 2 months and face stiff fines if they are employing undeclared staff.
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Newsletter 219 -13/09/2019
), while 11 percent reported receiving the monthly benefit from OAED. 2 Industrial production drops
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Eurosystem funding drops by 464.8 mln in August
EconomyMacroeconomyfallen below 2 billion euros. In March, it was also revealed that Greece’s four systemic banks had fully
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Budget primary surplus at 2.90 bln in August
EconomyMacroeconomymillion. Aggregate PIB expenditure came to 2 billion, below the target by 380 million. Overall, the PIB
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