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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomy, the headline figure shows an outperformance of 3.1 billion euros. This is largely attributed to a strong... above target. The strong performance in May fully reflects a strong rebound in income tax by 29.5... decreased 7.1 percent in May, but increased 2.2 percent to 961 million in the 5-month, 61 million below
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Newsletter 107 - 17/02/2017
of recovery and is expected to record a strong GDP rebound as of 2017, which is contingent, however..., compared to a previous estimate for a mild recession of 0.3 percent in early November, and a strong... of the adopted measures voted last year, while noting that the strong revenue performance in 2016 “implies
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomy. The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... displayed exports of goods declined by 5 percent QoQ and 2.2 percent YoY, while services’ exports... to a strong recovery of 2.7 percent for 2017. In addition, Bank of Greece, S&P and Fitch estimates stand
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Newsletter 147 -19/01/2018
, the number rose by 1.5 percent to 2.2 million travellers. Inbound non-resident travellers rose by 9.5 percent. 2 Budget primary surplus at 1.97 bln in 2017 Strong underspend drives headline figure, expenditure falls 1.16 billion below target The driving factor for the surplus was a combination of a strong
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Rating agencies up Greece's scores, adding to positive outlook
Economy. As the country started establishing a record of strong fiscal performance, in line with programme commitments... of the “clean exit” without a formal precautionary credit line but strong conditionality for the debt relief. Assisted by the strong fiscal performance and the economic recovery, all agencies see Greece’s
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The race to reduce Greece's bad loans
EconomyBankingby 2.2 billion. The targeted reduction in NPLs is stated as 47 percent (or by 34.2 billion) across..., Greece’s banks will have more work to do in the next few months. Progress and targets Strong progress..., totalling roughly 1 billion euros, which are collateralised. With strong interest in all bad loan sales so
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Newsletter 176 -28/09/2018
by Kammenos led to three journalists being detained overnight, prompting strong criticism of the ANEL... strong support over the long term less assured. Moody’s believes that the budget execution remains... and accelerating mildly to 2.2 percent in 2019. The total fiscal balance is seen in a surplus of 0.4
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Coca-Cola HBC net revenues rise by 1.2 pct in nine-month period
EconomyCorporates. On an FX-neutral basis, revenue for the 9M period grew by 5.7 percent. In terms of volume, strong... markets volumes increased by 11.3 percent. This was driven mostly by strong growth in Poland. In Greece... by 4.1 percent, driven mostly by growth in Nigeria and Russia. Strong growth was also seen from Romania
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Newsletter 246 -03/04/2020
to enjoy strong support for the way it is handling the coronavirus crisis. An opinion poll... strong 2019 The OECD published on Monday a report that evaluates the initial impact on economic activity.... In the governor's annual report, BoG analysts said that 2019 was a strong year for the Greek real
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Newsletter 263 -11/09/2020
Minister Kyriakos Mitsotakis received strong backing for his decision in February to close the land... space in which to manoeuvre over this issue, which triggers strong emotions among voters anyway.... Banks concluded the second quarter of year with relatively strong performance. Piraeus Bank
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