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Trade deficit up by 30.9 pct in June as imports grow faster than exports
EconomyMacroeconomy. This was driven mainly by a 15.7 percent rise in exports. Imports during the period rose by 4.5
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturespercent before the crisis. This mainly reflects a decline of Greek products to the USA, Albania
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomymillion. The MoF noted that the movement in expenditure was mainly due to a rise of 213 million euros
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Recent study issues warning over ageing population, future pension burden
Societyin 2017, and is expected to rise to 65 in 2022 thanks mainly to the Katrougalos law. The age limit
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingfunding has declined by around 4.3 billion euros. The decline was achieved mainly by deposit inflows
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBanking, with a gradual increase of the bank’s loan book mainly in corporates and SMEs also being targeted. As deposits
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General govt primary cash surplus at 2.82 bln in July, arrears unchanged
EconomyMacroeconomy. This was driven mainly by a rise of 658 million in social benefits which came to 22.31 billion, along
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomy. BoG noted that banks intend to accelerate the sale of loans, mainly in the business portfolio
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Trade deficit grows by 34.5 pct in July on continued import rises
EconomyMacroeconomybillion. This was driven mainly by a 16.5 percent rise in exports. Imports during the period rose
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Budget surplus confirmed at 3.16 billion in August
EconomyMacroeconomy. The MoF noted that the movement in expenditure was mainly due to a rise of 218 million for social
1%