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  1. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so

    21%
  2. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    entities. Similar to January, the state budget recorded the highest surplus at 852 million, yet

    21%
  3. Greeks express most negative sentiments about economy in global poll
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    survey was conducted in March and April 2017 through face-to-face interviews with 852 respondents

    21%
  4. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments

    21%
  5. Greece reignites energy alliance talks with Israel and Cyprus amid US interest
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    PoliticsForeign Policy

    of President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation

    21%
  6. France and Greece upgrade defence pact as regional and political risks loom

    PoliticsForeign Policy

    and delivering practical solutions. Renewed engagement with Libya The visit of Greek Foreign Minister Giorgos Gerapetritis on Monday to Tripoli, Libya, marked a significant step in revitalising bilateral... was another key topic during Monday’s talks. Gerapetritis noted that flows from western Libya to Greece

    21%
  7. Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported net losses of 332 million euros the fourth quarter (Q4) of 2014 from 1.56 billion in Q3, which were exceptionally high due to a sharp rise in impairment losses to 2.24 billion... trading losses. Net interest income (NII) rose 0.8 percent QoQ to 513 million euros, mainly

    21%
  8. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    National Bank (NBG) posted a net loss of 1.11 billion in the fourth quarter (Q4) of 2014 from profit of 30 million in Q3. The Q4 bottom-line results were burdened by one-off items of 1.09 billion... in operating income on higher trading losses and a 7 percent rise in operating expenses. Net

    21%
  9. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    National Bank (NBG) released its third-quarter (Q3) financial results on Monday, which showed net losses eased to 401 million euros from 1.61 billion in Q2. Bottom-line results reflect almost halving... of 738 million, with the bulk (around 650 million) related to Finansbank goodwill impairment. Net

    21%
  10. ATHEX net profits down 54 percent in Q1 2016
    Photo via www.helex.com

    Economy

    The Hellenic Exchanges-Athens Stock Exchange (ATHEX) released its financial results for Q1 2016 after close of business on Monday, showing that the consolidated net after tax profits of the group... unease that caused a 57 percent drop in net consolidated profits compared to 2014. The turnover

    21%