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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomymillion, which reflects a shortfall in revenues (excl tax refunds) by 877 million, lower expenditure... billion, yet it missed the target by 212 million, mainly due to lower personal income tax by 221
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Newsletter 23 - 17/04/2015
of March. This signalled an outperformance of 1.62 billion euros, which is due to lower primary...). This more than offset lower revenues of 386 million. Last month's figure signalled an outperformance
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Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY
EconomyMacroeconomyshowed a lower drop in net revenues (-1 percent) and a slower rise in March figure (+16.8 percent). Cash... payments rose by 15.9 percent to 2.31 billion, 70 million lower than the budget figure of 2.24
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Athens Stock Exchange erases losses made since elections as mood improves
Economy-financial shares posted much lower gains with Public Power Corporation (PPC) up 4.3 percent and OPAP... GGB edged lower to 14.92 percent, implying a drop by 0.43 pp on the day. The 10-year GGB yield showed
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Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds
Economycomponents of the Greek state’s cash reserves. The gg debt stands at lower levels since a part.... The total debt stock has a weighted average residual maturity of 15.67 years, slightly lower than
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Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
EconomyMacroeconomybringing the 4-month rate at 17.5 percent, significantly lower than the 28.8 percent posted... impact on bookings recorded in April, which would be translated to lower arrivals in the coming
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingPiraeus Bank posted net losses of 69 million euros in the first quarter (Q1) of 2015 significantly lower than those reported in Q4 2014 of 332 million and in Q1 2014 of 247 million. The improving bottom-line performance, albeit still at negative grounds, reflects slightly improving revenues, lower
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingweaker NII from Turkey (down 12 percent in TL terms) and Greece (-2 percent). The lower Greek NII... stands at much lower levels at 32 percent with the coverage ratio at 46 percent. Gross loans rose
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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomywas posted in investment and intermediate goods. The reduction in output was mainly led by lower new... months largely due to lower demand. Although buying levels fell in May, suppliers’ delivery time
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Newsletter 29 - 05/06/2015
in 2018. The new targets are lower than those in the current memorandum (which were binding... gap of 3 billion, with a much lower fiscal outcome of 1 percent. This clearly demonstrates
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