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  1. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    revenue targets included revenues of 884 million euros from the first two instalments of the new

    7%
  2. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    in the first quarter (Q1) of 2016 from 1.1 billion in the corresponding period last year, the Finance... at the high end at 2.88 billion (+111 million year to date), making up 43 percent of total arrears. Hospitals follow at 1.15 billion, up 215 million in Q1, corresponding to 17 percent of total arrears

    7%
  3. Newsletter 108 - 24/02/2017

    Newsletters

    , but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down... be included in the mechanism in cases where the total debt exceeds the 20,000-euro mark... and secondary income balances Aggregate yearly figures show the C/A balance turned to a deficit of 1.1

    7%
  4. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    and unsecured consumer loans for a total outstanding principal of 1.1 billion. Of the total.... The total collateral is valued by NBG at 1.1 billion euros, of which 650 million concerns commercial... portfolios worth 1.9 billion euros in total under the names Project Jupiter and Project Mercury. The sale

    7%
  5. IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
    Photo by MacroPolis

    Economy

    revenue. A total of 42,877 debtors (1.1 percent) to the state owe over 93 billion euros in total, while... due from debtors. In total, around 816,721 bank accounts of taxpayers and tax debtors were accessed..., a total of 5.5 billion euros was collected last year from such interventions. For the current year

    7%
  6. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros, bringing the total figure to 271 million euros. The equivalent figure for the same time last year was 739 million. A decline was also noted in local governments, where the total fell by 17... of 245 million was observed, taking the total to 10.09 billion euros. This was followed by other revenue

    7%
  7. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services

    7%
  8. Talks on bailout review head for crucial weekend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    . Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017

    7%
  9. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    . In total, the management noted that NPE stock fell by 2.5 billion year-on-year (YoY) to 20.1 billion... pressure on spreads. Balance Sheet Eurosystem funding declined by 1.1 billion euros QoQ to 10 billion... by 1.1 billion to 47.2 billion in Q4, driven mostly by movement in the Greek market, notably, lower

    7%
  10. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the corresponding quarter last year, private consumption increased by 1.1 percent in Q4 and matched the YoY rise of 1.1 percent noted in Q3. General government consumption rose by 1.5 percent QoQ and declined... 89 percent of the total figure in Q4, with private consumption representing 68.1 percent

    7%