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Sept budget primary surplus confirmed at 4.47 bln, well above target
EconomyMacroeconomy, under-execution of PIB by 542 million euros and reduced military procurement cash payments by 232
3% -
Newsletter 226 -01/11/2019
euros and reduced military procurement cash payments by 232 million euros. Aggregate PIB revenues
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Budget primary balance at 498 mln in Jan as net revenues fall short of target
EconomyMacroeconomyto 4.68 billion euros, exceeding the target by 232 million. The underperformance was mostly driven
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Primary cash surplus at 132 mln in January
EconomyMacroeconomyeuros. Expenditure came to 4.68 billion euros, exceeding the target by 232 million. It should be noted
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyeuros, exceeding the target by 232 million. This was mostly driven by increased interest payments
3% -
Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
EconomyMacroeconomyto address the effects of the health crisis, tax revenues show an increase of 232 million euros. Tax
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankinglosses of 232 million in Q1 2020. Pre-provision income (PPI) came to 470 million euros in H1 versus 402
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingimpact of 324 million). Net profits in Q2 came to 82 million versus losses of 232 million in Q1
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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingPiraeus Bank posted a loss of 407 million euros in the first quarter (Q1) as it suffered from impairments arising from Covid and loan securitisation losses. The Q1 loss comes following a 518 million-loss on the Q4 of 2020, and compares with a 232 million-euro loss in Q1 of last year. Asset quality
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Jan budget execution impacted by unplanned pandemic spending and snowstorm
EconomyMacroeconomyin the month. Tax refunds came to 232 million euros, short by 54 million euros. Expenditure In January
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