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PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammeimpact of this expansionary outlay however the PBO makes a strong point of noting
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingEurobank recorded net profits of 19.7 million euros in the first quarter (Q1) of 2019, representing a year-on-year (YoY) decline of 42.9 percent versus net profits of 34.5 million euros in Q1 2018. Net results before discontinued operations and restructuring costs point to profits of 27.3 million
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Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
EconomyProgrammedocument will also point out where Athens is falling short. The lenders are expected to draw attention
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Greek banks maintain focus on key areas as elections approach
EconomyBankingthe information sourced by Euro2day, 2019 represents a crucial turning point for the country’s banks
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Consumer confidence at highest since January, economic sentiment stable
EconomyMacroeconomypoints month-on-month to stand at -0.6. Year-on-year, industry confidence has improved by 1 point
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Industrial production falls by 1.2 pct in May
EconomyMacroeconomy, industry confidence has improved by 1 point. Additionally, Markit’s manufacturing PMI came to 52.4
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National Bank first to test market waters in post-election afterglow
Economybillion euros in cash reserves, debt sales at this point are mostly an exercise in building out the yield
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New government holds first talks with creditors, may opt for cautious fiscal approach
EconomyProgrammenot believe Athens should be pushing for talks on Greece’s fiscal targets at the moment. The point
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Industrial turnover drops by 2.3 pct in May
EconomyMacroeconomyimproved by 1 point.
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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammewith Kathimerini, European Stability Mechanism managing director Klaus Regling said that the “starting point
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