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Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June
EconomyMacroeconomyalmost right on target. Following the double digit growth in primary expenditure in June, total
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Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop
EconomyMacroeconomya fraction of the total industrial index. The turnover for both the domestic and non-domestic market
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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBanking. At the end of March, Piraeus total assets stood at 85.7 billion euros, its shareholders’ equity
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Greek expats generating 9.1 bln in taxes abroad each year, study suggests
Societyestimates that Greek expats have generated a total of more than 50 billion euros of GDP in their new
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Current account deficit widens to 412 mln in May
EconomyMacroeconomypercent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomyspot on target. Overall, total expenditure edged up 2.7 percent to 22.69 billion in the first half
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First phase of process to find strategic investor for ADMIE completed
Economyby 26.6 percent to 196.3 million. ADMIE also anticipates its total debt to drop by around 19 percent close
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politicsthe motion (brought by the conservative party) for MPs to investigate last year’s events. A total of 96
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HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls
EconomyBankingto just 1.42 billion at the end of July. Within 2015, the fund received a total amount of 208.7 million
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomythe weighted average rate on total new deposits eased by 1 bp to 0.42 percent, which represents a new record
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