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July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 6.75 billion euros in the first seven months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes an arrears’ repayment of 1.11 billion euros, of which 437 million was paid in July. The overall cash
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SYRIZA readies itself for election battle, Mitsotakis pledges pension overhaul
PoliticsGreek PoliticsA meeting of SYRIZA’s central committee on Monday is expected to clear the path for the cabinet reshuffle that has been expected over the last couple of weeks. In the meantime, New Democracy leader Kyriakos Mitsotakis has been fleshing out his policies as Greece’s parties gear up for what
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Deposits inflows reach 840.6 mln in July driven by time deposits
EconomyMacroeconomybrings the total for central bank funding to 13.02 billion euros for the month compared to June’s
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingby funding improvements which mostly reflect the bank’s participation in European Central Bank’s
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingYoY. He noted that managing the stock of NPEs continued to represent a central target
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No final word on pension cuts as lenders prepare for return to Athens next week
EconomyProgrammeon Wednesday, European Central Bank executive board member Benoit Coeure said he did not want to comment
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General govt primary cash surplus at 2.82 bln in July, arrears unchanged
EconomyMacroeconomyin July. This was followed by tax refunds at 29 percent of the total. Debt Central government gross
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Fiscal matters expected to dominate talks as lenders return for post-MoU check
EconomyProgrammeCentral Bank, the European Stability Mechanism (under its Early Warning System) and the International
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Card transactions in Greece experience boost due to capital controls
EconomyBankingPayment statistics by the European Central Bank released last week have revealed that card payments in Greece experienced notable growth in recent years. The capital controls introduced in the summer of 2015 were cited as a key driver for the jump in card payments in Greece, where cash has
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ND defends economic pledges as Kammenos repeats walkout threat
PoliticsGreek Politicsreceive from the central government. Mitsotakis argues that allowing the municipalities to set and collect
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