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PMI rises to 54.4 points in April, highest since February 2020
EconomyMacroeconomyin new order inflows was modest overall, but the first in over a year, according to Markit. Greater..., the rate of decline was the slowest for over a year as incoming work increased. The improvement.... Delivery times lengthened to the greatest extent since the depths of the pandemic a year ago
15% -
June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
EconomyMacroeconomybillion. Interest payments also rose by 305 million to 760 million euros. For the year to date, interest... in the first half of the year, Bank of Greece (BoG) figures showed on Wednesday. The headline figure includes... compared to the figure for the same time last year which came to a deficit of 890 million euros
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesGreece has dropped one place in this year’s Global Competitiveness Index (GCI), standing at 87 overall out of 137 economies. The 87th spot was occupied by Algeria last year, which this year moved..., and security, and higher per capita income.” This year’s top score was held by Switzerland
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Budget primary surplus confirmed at 831 mln in Feb
EconomyMacroeconomycompared to the relevant period last year by 305 million euros. This was mainly due to lower additional... last year, the primary surplus was much lower at 93 million euros. The budget balance in the first two months of the year recorded a deficit of 1.11 billion euros compared to a deficit of 1.36 million
12% -
Budget primary surplus at 823 mln in February
EconomyMacroeconomy. For the same month last year, the primary surplus was much lower at 93 million euros. The budget balance in the first two months of the year recorded a deficit of 1.12 billion euros compared to a deficit of 1.36 million euros seen in the aggregate period last year. For the current aggregate period, the budget
11% -
Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyMinistry (MoF) on Monday. Last year’s figure for the same period came to 4.54 billion, representing a year-on-year (YoY) rise of 5.9 percent. The primary surplus beat its target by 2.29 billion euros... seen in August. The balance for the same month last year came to 998 million euros. The budget balance
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Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
EconomyMacroeconomyMinistry (MoF) on Wednesday. Last year’s figure for the same period came to 4.54 billion, representing a year-on-year (YoY) rise of 5.6 percent. The primary surplus beat its target by 2.27 billion... billion seen in August. The balance for the same month last year came to 998 million euros. The budget
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Newsletter 34 - 10/07/2015
in the same period last year. This translates into a net drop in retail sales by 305 million over... a three-year deal with the European Stability Mechanism. The document tabled in Athens included... Greece is seeking at a minimum of 53.5 billion euros so it could cover debt obligations from this year
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomy864.8 million a year ago, Bank of Greece (BoG) figures showed on Monday. The headline figure rose by 348.1 million euros year-on-year and was mainly driven by a rise in the services balance, which rose... to 1.18 billion in the first nine months of the year. The deficit of the non-oil balance of goods also
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBanking-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... challenging, taking into account the developments in the first five months of the year. Management also said... in Greece, while another 1.5 billion are planned to be transferred by the end of the year. P&L NII fell
11%