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  1. Budget primary surplus at 823 mln in February
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    EconomyMacroeconomy

    than the target by 398 million euros or 4.6 percent. The full revenue breakdown will be provided... by 305 million euros. This was largely due to decreases in additional allowances (included in category

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  2. Budget primary surplus confirmed at 831 mln in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    by 257 million euros. On an aggregate basis, gross revenues came to 8.28 billion euros, lower than... compared to the relevant period last year by 305 million euros. This was mainly due to lower additional

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  3. Newsletter 286 - 26/02/2021

    Newsletters

    Covid-19 wards in the Greek capital are in short supply again. More than 90% were taken up this week... was negative with a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros

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  4. The government decisions that could shape the future of Greek banks
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    Economy

    Exchange and whose trading activity accounts for more than half of the daily turnover, back into focus..., the HFSF funds cannot be used for other than bank recapitalisation purposes. This means...-Economy Minister Louka Katseli and former Eurobank and Emporiki Bank executive George Michelis

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  5. What capital controls will mean for Greek banks, customers and the economy
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    Economy

    euros per card, which is much lower than the 300-euro daily cap set in Cyprus two years ago. Press... than that imposed before the legislative decree. These transactions should relate to payments... Bank Association and National Bank of Greece Louka Katseli and the head of the Hellenic Capital Market

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  6. Greek banks' liquidity position at the centre of attention
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    Economy

    stand at around 200 to 300 million euros per day, which are lower than those initially estimated when... in the current average haircut of 35 - 40 percent by more than 15 percentage points would wipe out...). Following the meeting, the chair of the Hellenic Bank Association and NBG Louka Katseli told

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  7. After 'No' vote, pulling Greek banks back from brink a priority
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    Economy

    have theoretically access to ELA liquidity of more than 25 billion under the current collateral... percent increases by more than 15 percentage points, this ELA buffer would wipe out leaving Greek banks... of the Hellenic Bank Association and NBG Louka Katseli said that the liquidity cushion of Greek banks

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  8. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    the year to date positive flow to more than 768 million euros. Corporate news National Bank... billion, while EBITDA fell by 4.5 percent to 335.3 million. Hellenic Petroleum’s Q3 net profits more than... Louka Katseli who resigned on November 3. However, following statements made by the Deputy Prime

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  9. Mitsotakis puts party unity above consensus with president pick

    PoliticsGreek Politics

    political space. In an announcement sprung somewhat earlier than expected on Wednesday, the premier said he... recent appearances he is more concerned with keeping the peace within New Democracy than with clawing... minister Louka Katseli. On the other hand, Mitsotakis can expect to draw support for his candidate

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  10. Aided by opposition parties, PM faces low risk over bland choice of president
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    PoliticsGreek Politics

    on unrest within his party rather than create a mood of consensus or maintain any tradition..., than he would gain by appearing as a cross-party unifier or the dominant player in the political... former PASOK minister Louka Katseli as its candidate for the role. On the surface it might appear

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