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  1. IMF sees Greece on course to meet fiscal targets and reduce debt

    EconomyProgramme

    a small deficit of -0.2 percent of GDP, before the balance shifts back to a small surplus in the next... percent of GDP in 2023 and 2024. The cyclically-adjusted primary balance this year is estimated

    4%
  2. Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
    Photo by MacroPolis

    Economy

    with ELSTAT specifically highlighting that the calculation of the primary balance for the Economic...-sectors of the general government, the overall fiscal balance was mostly attributed to a substantial

    4%
  3. General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln

    EconomyMacroeconomy

    million. The balance for extrabudgetary funds rose by 53 million euros to stand at 292 million euros... budget primary balance showed a fall of 426 million euros to come to 1.17 billion euros this year

    4%
  4. General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    YoY and came to 184 million euros against 249 million euros last year. The balance... balance showed a fall of 350 million euros to come to 1.16 billion euros this year compared to 1.51

    4%
  5. General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    YoY and came to 179 million euros against 288 million euros last year. The balance for extrabudgetary... balance showed a rise of 742 million euros to come to 394 million euros this year compared

    4%
  6. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    guidance for 2019 ranges from 150 to 180 bps over net loans. Balance Sheet Eurosystem funding stood at 1... and the agreement with Intrum for the servicing of NPEs. He noted that the bank’s balance sheet

    4%
  7. Eurobank net profits at 6 mln in Q2 amid increasing securitisations
    Photo by MacroPolis

    EconomyBanking

    , management said. Balance Sheet Eurosystem funding was unchanged QoQ at 1.3 billion euros in June... the bank on track with its plans to strengthen its balance sheet. He noted that the reduction of bad loans

    4%
  8. General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros YoY and came to 1.30 billion euros against 1.61 billion euros last year. The balance for local... primary balance showed a rise of 1.87 billion euros to come to 2.83 billion euros this year compared

    4%
  9. General govt primary cash surplus at 7.50 bln in October, arrears fall by 54 mln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    euros YoY and came to 1.37 billion euros against 1.92 billion euros last year. The balance for local... balance showed a rise of 2.18 billion euros, landing at 5.66 billion euros this year compared

    4%
  10. Oct travel receipts up by 4.1 pct, boosted by rise in visitors from UK and Russia
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose to 1.19 billion euros in October from 1.21 billion a year ago, according to Bank of Greece (BoG) data released on Monday. Receipts came to 1.44 billion euros, rising... also recorded a rise of 29.7 percent to 2.31 billion, which took the overall travel balance to 15.22

    4%