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Budget primary balance at 498 mln in Jan as net revenues fall short of target
EconomyMacroeconomy. Revenues from taxes landed at 4.06 billion euros, above target by a slight 7 million euros. Transfers underperformed the target by 649 million euros to stand at 12 million euros. Revenues from sales
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Newsletter 240 -21/02/2020
at 4.06 billion euros, above target by a slight 7 million euros. Transfers underperformed the target by 649 million euros to stand at 12 million euros. Revenues from sales of goods and services were
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Building permits increase by 50.3 pct in December and 12.6 pct in 2019
EconomyMacroeconomy. On a regional basis, YoY rises in the number of permits issued were noted in 12 out of 13 regions covered... at 17,282. Surface area increased by 7 percent, and volume increased by 7.1 percent. In 2018
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingsecuritisations work of around 7 billion euros is on track, split between two portfolios, Vega valued at 5... tourism, the sector’s high seasonality and strong multiplier impact contributes to around 12
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economythese challenging times. — Prime Minister GR (@PrimeministerGR) April 7, 2020 The ECB announced on Tuesday a set... lending was in the region of 12 billion euros, with ECB funding taking up just short of 10 billion euros
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Building permits increase by 55.7 pct in January
EconomyMacroeconomybasis, YoY rises in the number of permits issued were noted in 12 out of 13 regions covered. The three... at 17,282. Surface area increased by 7 percent, and volume increased by 7.1 percent. Greece’s construction
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Survey sheds light on sentiments in lockdown, as govt backpedals on voucher scheme
PoliticsGreek Politicsthat the country is moving in the right direction, an increase of 12 percentage points since January... and its institutions, with 7 in 10 in favour of state intervention to safeguard the public interest
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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingplanned to securitise 12 billion euros via Hercules and the transfer of Cepal to the preferred... anticipates around the second half of 2020, in order to take the necessary decisions. Piraeus has a total of 7
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeatures12 percent. Electricity imports from neighbouring countries also fell. Renewables produced 44 percent of electricity in April, in addition to 7 percent generated by large hydroelectric plants
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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomyon Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May... was driven mainly by a decrease of 7 percent in transport. This was followed by housing (-3.9
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