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Newsletter 200 -29/03/2019
an increase in the total amounts owed by taxpayers from 183 billion euros in 2014 to 223 million euros now.... On an aggregate basis, total state budget revenues came to 8.46 billion euros, bettering the target... 2017, consumer confidence has improved notably by 20.5 points. Industry confidence fell by 1.1 points
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Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
EconomyMacroeconomyto around 200 arrivals. In total, arrivals from the EU 27 countries fell by 68.4 percent YoY to 1.3 million . Those from euro-denominated areas fell by 53 percent to 1.1 million. The sharp drop in travel... from non-euro countries within the EU 27 fell by 78 percent to 1.1 million. Arrivals from outside
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NBG reports profits of 833 mln in 2021
EconomyBankingmillion, from 1.1 billion in 2020, was up by 4 pct at 1.5 billion euros. Asset quality NPEs continued... trading income in 2021 was 404 million euros, down by 63 pct from 2020, when it amounted to 1.1 billion... that reflected improved profitability. The total capital ratio reached 17.5 pct, comfortably exceeding
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economybillion euros, out of the total 13.2 billion euros energy support package. This was split between 4.1 billion euros for households and 6.5 billion euros for firms. The total 5.5 billion euros package... of extraordinary support, 1.1 billion euros of which is related to the energy crisis. The Finance
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyof a surprise handout package worth 1.1 billion euros in support and public investments. The methodology..., are factored into government finances. Last year, Greece had a total surplus of 3.18 billion euros..., or 4.8 pct of GDP. Central government contributed 2.05 billion euros to the total surplus, with local
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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomybudget widened by more than 1.1 billion euros to 1.72 billion in the 6-month period and remained... and 573 million YtD to 2.34 billion in June. This corresponds to around 44 percent of total arrears... to 1.11 billion making up around 21 percent of total. State budget arrears reached 601 million
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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomya primary cash surplus of 1.1 billion euros, down 11 percent from last year, with October showing... million. The outstanding stock currently stands at 2.73 billion, making up 46.6 percent of total arrears. Hospitals’ arrears amount to 1.19 billion euros and accounting for 20.3 percent of total. They have
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomypercent of GDP. The report shows that the total contribution of travel and tourism to GDP, including... was ranked 26th in terms of direct tourism revenues and 29th in terms of total contribution worldwide..., with Greece ranking 102nd and 110th for the direct and total contribution respectively. The money spent
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Newsletter 134
the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1... included in the MTFS, which was only submitted in mid-May. Total revenues have been downward revised from the MTFS figure by over 500 million, from 52.73 billion to 52.22 billion euros. This total figure
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Greek banks push for return to normality
EconomyBankingthe total of non-performing exposures (NPEs) to stand at roughly 35 percent of all loans by the end of next year. Moody’s saw the bank’s capital at comfortable levels, with the CET1 ratio for the total... by 3.29 billion month-on-month. July’s reduction brought the total for central bank funding to 13.02
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