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  1. Weak banks drag Greek stocks down by 6.5 pct during week

    Economy

    , Parliament is due to vote the 2016 budget on Saturday evening, while the next Eurogroup on Monday... percent in each of the preceding two weeks. The most resilient performance was exhibited by Aegan

    19%

  2. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    The Greek Finance Ministry (MoF) submitted the 2016 draft budget to Parliament on Monday evening... at 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure...) signed with the eurozone in mid-August. Budget revenues this year were downward adjusted by 1.82

    18%

  3. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5... (MoF) preliminary budget execution bulletin displayed on Tuesday. Compared to target, the headline... of 1.06 billion. In addition, the Public Investment Budget (PIB) balance also came in 241 million above

    17%

  4. Budget primary surplus at 3 bln in Feb as tax performance moderates

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 3 billion euros up to February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary... and the public investment budget, came to 8.45 billion euros. Net revenues were 11.99 billion euros

    15%

  5. Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
    Photo by MacroPolis

    Economy

    Greece’s budget execution showed a primary surplus of 2.65 billion euros in the 10-month period... budget tabled in parliament last week compared to the Medium-Term Fiscal Strategy (MTFS) previously... a downward revision of both primary expenditure and interest payment by 200 million each. Based

    14%

  6. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday. The preliminary... outperformance (by 1.88 billion) coupled with lower Public Investment Budget (PIB) deficit (by 264

    13%

  7. Athens prepares to send draft budget to Brussels, lines up next tax measures
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is hoping to wrap up on Monday the budget negotiations it has been having over... to the European Commission on Tuesday. It is not clear yet if the draft 2020 budget will still point... the draft budget is not only a significant milestone in terms of Greece fulfilling its commitments to its

    13%

  8. Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
    Photo by MacroPolis

    EconomyProgramme

    of 157.1 pct of GDP in 2021, which is now revised to just short of 200 pct of GDP. Again

    13%

  9. Corporations lead deposit growth in Mar as total nears 200 bln
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    and not being able to hold on to the 200 billion euros mark, the current level of deposits

    13%

  10. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution... with higher than targeted Public Investment Budget (PIB) balance and slightly higher net revenues

    13%