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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsagreement that during this period the Greek state will be funded under a minimalist menu that solves
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB
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Kammenos's odd partnership with Tsipras still holding together
PoliticsGreek PoliticsDefence Minister Panos Kammenos was re-elected as leader of SYRIZA’s coalition partner Independent Greeks (ANEL) over the weekend, while also managing to highlight the odd nature of the cooperation between the two parties. There had been reports that Ka...
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammeGreece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead. The Greek ministers and the institutions’ mission chiefs held a lengthy telec...
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Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
PoliticsGreek PoliticsNew Democracy enters this new phase of the Middle East crisis with a solid polling advantage but a visibly unsettled electorate. Two fresh surveys place the governing party at 31.1 pct in their vote‑estimate models but they also reveal overwhelming publ...
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomybillion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY
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Newsletter 85 - 05/08/2016
Revenues beat revised target Hellenic Financial Stability Fund posts huge revaluation losses In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... Greek bank holdings plunged to 2.38 billion at the end of 2015, from 11.62 billion at the end of 2014
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Androulakis well-placed to retain PASOK leadership as Doukas sneaks into run-off ballot
PoliticsGreek Politicsnewcomer has of springing a major surprise and winning Sunday’s ballot. It was also noted on Sunday
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