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Budget primary surplus confirmed at 635 mln in June on lower spending
EconomyMacroeconomy. The MoF is targeting privatisation revenues of slightly over 1 billion euros for the whole of 2018... million, under target by 162 million and leading to a PIB deficit of 36 million. For the aggregate
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingto 70 percent from 70.6 percent. In the Greek market, the NPL ratio fell slightly to 36 percent from... billion in March, and to 1.8 billion in August. Capital The phased-in Common Equity Tier 1 (CET1) ratio
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomysubstantially from a previous 1 percent to 2.5 percent. However, the Fund revise downward its GDP growth... by 24 percent, the declines involved a 36 percent fall in GDP and the downturn lasted 8 years
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economyeuros currently, effective from February 1. This represents a rise of close to 11 percent... euros previously. This will translate into an increase of 40 euros per month, from 36 currently
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Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
PoliticsGreek Politicsto the last European Parliament elections in 2014, when it gained 9.39 percent. Two new parties set to elect 1... a clear majority. The conservatives would probably need upwards of around 36 percent to govern
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Credit contraction remains at 0.1 pct in May, balance at 161.16 bln
EconomyMacroeconomybalance falling to 55.64 billion euros. Loans to sole proprietors edged up by 1 million euros after... negative for a fifth month with net deductions of -6 million euros compared to -36 million in April
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesexpected VAT revenue. This represents a decline of 1 pps year-on-year. Though declining slightly...) between 2016 and 2017, making the country’s tax rises among the highest out of 36 OECD countries
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ND looks to asylum bill, strong rhetoric to ease pressure from migration flows
PoliticsGreek PoliticsTV last week indicated that just 1 percent of voters believe the government has performed best..., with 42 percent of respondents opting for this choice, ahead of 36 that went for job creation and 33
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New asylum law comes up against old failings
Agorathat just 1 percent of voters believe the government has performed best on the migration issue out of all... percent of respondents opting for this choice, ahead of 36 that went for job creation and 33
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Budget primary surplus confirmed at 6.95 bln in Nov
EconomyMacroeconomyagainst the revenue target in absolute terms were seen in sales of goods and services by 36 million... expenditure came to 38.27 billion euros, below the target by 1 billion euros. Interest payments came to 5.06
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