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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomyshort of target. Consumption taxes remained flat at 1.8 billion euros, 91 million below target
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomycontraction of 0.9 percent, while S&P expects essentially flat growth for this year.
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingguarantee expense, while the other fee income components remained almost flat. The bank also recorded other
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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomyfigures for the 4-month show revenues remained almost flat (-0.1 percent) at 15.03 billion euros, beating
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Newsletter 74 - 20/05/2016
, the index of apartment prices slipped to a new record low of 59.7. Flat prices have been falling for 28
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyand ships, exports remained almost flat, while the corresponding imports dropped by 1.4 percent
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Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
EconomyMacroeconomyalmost flat (-0.1 percent) at 515.4 million, while the corresponding payments eased 2.6 percent
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Central government debt edges down to 321 bln in Q1
EconomyInvestment Bank (EIB), stayed flat at 7.41, while Bank of Greece holds loans of 3.79 billion, unchanged
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Net profit of 87 mln for NBG in Q1
EconomyBankingstayed almost flat at 74.5 percent remaining the highest among its domestic peers. In Greece
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyforecasting a recession of 0.9 percent, while S&P expects essentially flat growth for 2016.
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