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General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomy). No change was noted in state budget arrears, which remained at 64 million euros for a second month. Month
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Mitsotakis in Berlin with limited expectations
PoliticsGreek Politicsto over the coming years. The meeting with Merkel is the second in a whistle-stop tour of European
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations in the second quarter (Q2) of 2019, down from profits of 131 million euros reported in Q1. Quarter-on-quarter (QoQ), this represents a decline of 7 percent. For the first half (H1) of the year, net
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingof approximately 1.8 billion euros, code named Project Neptune. The second is the securitisation
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP increased by 0.8 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2019 after a rise of 0.2 percent in Q1, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday. Compared to Q2 in 2018, GDP grew by 1.9 percent
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Mitsotakis takes growth message to Thessaloniki, keeps eye on bond profits
PoliticsGreek Politicsthe environmental studies for the project. Also, the second joint-ministerial decision regarding
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicsthe second round of tax cuts the government is lining up, the prime minister also aims to explain
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesthe worst in terms of its VAT shortfall, at 33.6 percent or 7.4 billion euros, second only to Romania
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CPI drops by 0.2 pct in August
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) contracted by 0.2 percent year-on-year (YoY) in August after remaining static in July, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. August’s figure is the second negative reading noted in 2019 after June, when the index shrank by 0.3 percent
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Wages index up by 2.2 pct in Q2 for ninth straight increase
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2) of 2019, following an increase of 1.8 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday. The wages index captures employees’ gross earnings, including
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