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  1. Newsletter 260 -31/07/2020

    Newsletters

    pressure, increased risks in the banking sector and persistent current account deficits due to lower... billion euros, lower than the target by 3.50 billion or 14.1 percent. During the first six months

    5%

  2. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    in Q2 from 197 million in Q1, driven by lower personnel expenses (-4.2 percent QoQ) and G&As (-9.5... YoY to 383 million in H1 20. Lower personnel expenses were driven by the bank’s voluntary exit scheme

    5%

  3. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    an increase of 42 million euros, lower than the 375 million euros overperformance of the previous month... advances back to firms cost the budget 864 million euros, and the special subsidy to cover lower

    5%

  4. Budget primary shows deficit of 6.61 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    period, as mentioned, 3.52 billion euros lower than the target of 32.46 billion euros. The MoF said... stood at 32.36 billion euros, lower than the target by 3.02 billion or 8.6 percent. The full revenue

    5%

  5. Budget primary shows deficit of 7.01 bln as revenues suffer in September

    EconomyMacroeconomy

    in the aggregate period, as mentioned, 4.72 billion euros lower than the target of 38.22 billion euros... billion euros, lower than the target by 4.01 billion or 9.6 percent. The full revenue breakdown

    5%

  6. Budget primary shows deficit of 7.01 bln in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the aggregate period, as mentioned, 4.72 billion euros lower than the target of 38.22 billion euros... billion euros, lower than the target by 4.01 billion or 9.6 percent. On an aggregate basis, tax revenues

    5%

  7. Budget primary shows deficit of 9.06 bln in October

    EconomyMacroeconomy

    period, as mentioned, 4.79 billion euros or 11.1 percent lower than the target of 43.19 billion euros... tax refunds. State budget total revenues stood at 42.98 billion euros, lower than the target by 4.01

    5%

  8. Greece persistently bottom of the list for EU gender equality
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    were lower than the EU average at 40.1 percent for men and 36.1 percent for women. In other areas... increased women’s employment rates, lower risks of poverty for both women and men, improved gender

    5%

  9. Lenders acknowledge reforms, flag up tricky fiscal path ahead

    EconomyProgramme

    higher financing rates and the combined effect of financing rates and lower growth, both of which push... mid-2030s when lower growth is also included.

    5%

  10. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    driven by a sharp drop in private consumption by 7.6 pct, investments by 14.3 pct and exports lower..., investments were seen down by 10.9 pct and exports lower by 24.8 pct. Public spending was seen

    5%