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  1. Current account balance surplus of 874.4 mln in June shows significant yoy improvement
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’ net external liabilities showed an increase of 196 million in June with no notable transactions recorded for the month. Portfolio investment showed a net increase in residents' external assets due to a rise of 5.5 billion in residents' holdings of foreign bonds and T-bills. During the aggregate period

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  2. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    . Since the beginning of the year, state arrears have posted a net increase of 591 million, of which 444... are following suit at 790 and 666 million respectively. The year to date net increase of 591 million... a net drop of 71 and 40 million year to date. The bulk of social security funds’ arrears stems from

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  3. December current account deficit at 1.24 bln on falling services balance
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . This was mainly caused by lower net travel receipts. In December, while travel receipts rose by 0.8 percent.... Financial account Residents’ net external liabilities increased by 268 million in December. No transactions of note were reported during the month. Portfolio investment showed a net decrease in residents

    10%

  4. Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    ago, driven mainly by lower net interest, dividend and profit payments. At the same time... time, total imports reached 4.69 billion euros, from 4.63 billion euros last year, a rise of 1.1.... Financial account Residents’ net external liabilities showed an increase of 132 million in September

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  5. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so

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  6. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    entities. Similar to January, the state budget recorded the highest surplus at 852 million, yet

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  7. Greeks express most negative sentiments about economy in global poll
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    survey was conducted in March and April 2017 through face-to-face interviews with 852 respondents

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  8. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments

    10%

  9. Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported net losses of 332 million euros the fourth quarter (Q4) of 2014 from 1.56 billion in Q3, which were exceptionally high due to a sharp rise in impairment losses to 2.24 billion... trading losses. Net interest income (NII) rose 0.8 percent QoQ to 513 million euros, mainly

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  10. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    National Bank (NBG) released its third-quarter (Q3) financial results on Monday, which showed net losses eased to 401 million euros from 1.61 billion in Q2. Bottom-line results reflect almost halving... of 738 million, with the bulk (around 650 million) related to Finansbank goodwill impairment. Net

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