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  1. Newsletter 90 - 30/09/2016

    Newsletters

    by 2.77 billion on strong underspend and revenue overperformance. In specific, tax revenues rose by 7.1... it is more important to have a strong economic relationship with Russia than to be tough with it in foreign... in the previous two months. The ESI landed at 91.4 in September, which is the second highest reading since

    7%

  2. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    from 640 million in the 8-month period. The strong performance in September is largely attributed.... Nevertheless, the recorded strong underspend mostly reflects: · Social protection (at 608 million... Primary expenditure marginally slipped by 5 million euros from last year and landed at 3.61 billion

    7%

  3. Newsletter 104 - 27/01/2017

    Newsletters

    expected in 2016 and that the strong fiscal overperfomance means that demands for upfront... 30 percent from 2015 and beating the target of 750 million, mostly due to the strong performance... of travel receipts landed at 219.4 million in November, while the corresponding payments rose by 9 percent

    7%

  4. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    lenders and the conclusion of the programme review. Trading activity remained strong for the second...) since 1997. It landed at 789.13 on Friday following a correction. Over the last three weeks, Greek stocks have posted strong gains of 17.5 percent and have soared 22.6 percent since the beginning

    7%

  5. Newsletter 120 - 26/05/2017

    Newsletters

    Strong underspend leads to primary expenditure finishing 1.19 billion below estimates The budget.... The outperformance largely reflects a strong underspend, with primary expenditure finishing at 1.19 billion lower.... Following the QoQ drop in Q1, the apartment prices index landed at a new record low of 59.1. From its

    7%

  6. Car sales drop 2.5 pct in May for second successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    recorded in 2015 and stood at 128,910. However, in spite of the strong cumulative rebound by 66... of the rent-a-car fleets, on the back of the strong tourism volume figures also supported by gradual... percent in April and landed at 14,302. Passenger cars retain the lion’s share making up 85 percent

    7%

  7. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Following this revision, the 5-month primary surplus beat target by 792 million, fully reflecting strong... decreased by 3.4 percent to 16.09 billion, still entailing a strong underspend of 791 million. The MoF... by 11.8 percent in May, after a decline by 2.6 percent in the previous month and landed at 3.05

    7%

  8. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to a strong underspend. The primary expenditure came in 1.16 billion euros lower than the target, coupled... a strong underspend of 1.16 billion. The latter largely reflects lower social protection, which stood... successive month by 7 percent in June, after a double-digit drop of 11.8 percent in May and landed at 3.24

    7%

  9. Greek banks' NPL selloff gathers speed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    have their own NPL portfolio sales in the works, which have attracted strong interest. Alpha Bank..., dubbed Project Ameoba, has also attracted strong interest. The first phase was recently completed... million in Q2, and landed at 26.8 billion, beating the target for the month by around 100 million euros

    7%

  10. Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    million euros, a strong improvement on the balance for the same period last year which showed... grew to 1.09 billion, a strong improvement against the figure for the same time last year of 742... by 641 million euros. The monthly primary balance landed on a deficit of 80 million euros, improving

    7%