Search
-
Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyon Friday. This year’s figure includes arrears’ repayments of 1.11 billion, of which 306 million... billion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion
12% -
Budget primary surplus confirmed at 635 mln in June on lower spending
EconomyMacroeconomytax revenues, which came to 3.94 billion and was off target by 306 million euros. Property tax
12% -
Newsletter 371 - 24/02/2023
was drawn up, 650 million euros has been set aside for the Market Pass, and a one-off stipend... in the Greek economy, with M&A activity growing by close to 24 pct year-on-year on transactions, while... only condition for PASOK being part of the next administration is that the party gains a “strong
12% -
Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingas international legal counsel to Piraeus and Koutalidis Law Firm as Greek legal counsel to Piraeus... basis points. Piraeus Bank’s first quarter (Q1) results showed that the pre-write off NPE stock fell... their targets for bringing down bad loans in the first quarter of the year. Excluding off-balance sheet
12% -
Newsletter 211 -21/06/2019
believes are key to improving the functioning of the Greek state and economic conditions. Other bills... general assembly of the Federation of Greek Enterprises (SEV) on Tuesday, opposition leader Kyriakos... on Tuesday, it took stock of the positive developments in the Greek economy and the banking system
12% -
EU disunity on refugees and its poisonous effects
Agorabetween the Greek commissioner and the Polish president of the Council, or a conflict between European... after the Council meeting on Friday, Greek Prime Minister Alexis Tsipras expressed a similar view... has had in the past with the Commission and other European institutions, but the Greek prime
12% -
One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeaturesperfect sense. Having a dynamic international Greek-inflected startup ecosystem is a good thing...Record investments in Greek startups and a number of headline-grabbing exits – including Greece’s.... The start of 2022 saw a flurry of positive news stories from Greek technology startups, including
12% -
Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingexpenses is largely owed to a one-off cost of 66 million related to the implementation of a voluntary... formation stood at -82 million from 267 million in Q3. The breakdown by segment showed the NPL
12% -
A return to capital markets for Greek banks but no return to domestic lending
AgoraIn the future we may look back on the past two weeks as a watershed moment for Greek banks... observers were quick to showcase the fund raising efforts as a sign of Greek lenders bouncing back from... the changing landscape of foreign investors' interest in Greek banks. Both the bond placement and the equity
12% -
The alternative of (tax-based) capital controls for Greece
Agoraprovide the Greek government with an important bargaining chip. However, the Greek government should... controls with the discontinuation of ELA. These capital controls would provide ample time for the Greek government to chart its path and for the Greek people to definitely decide their future inside
11%