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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomyoff. Although the report acknowledged improved tax debt collections and better clearance... in this year, factoring in the one-off positive impact of debt measures agreed in April. The balance
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Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
EconomyMacroeconomymillion euros being incorporated to 2019 to cover the one-off payments related to the law 4575/2018... salaries by 330 million euros (mainly the one-off payments of law 4575/2018) and a rise in PIB
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Hatzidakis announces strategy for partial privatisation of PPC
EconomyFeatures, ADMIE, which was fully owned by PPC, would be split off from the parent entity. In 2017, PPC sold a 24... with Skai TV, he had indicated that privatisation plans were off the table for PPC, saying that no one would
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Budget primary surplus confirmed at 381 mln in June
EconomyMacroeconomyincorporated into 2019 figures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments that took
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Budget primary surplus reaches 1.78 bln in July, almost double target
EconomyMacroeconomy982 million euros have been incorporated into the 2019 figures to cover the one-off payments... that these one-off payments that took place until June 2019 in connection with ministerial decisions
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Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
EconomyMacroeconomyof 982 million euros that have been incorporated to 2019 figures, so as to cover the one-off payments of law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The one-off
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingincome (PPI) declined by 12 percent quarter-on-quarter (QoQ) to 188 million. When excluding one-off... stood at 196 million euros. Excluding one-off items, PPI for the same quarter last year remained
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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek Politics, DEPA. The firm will be spun-off into three separate entities: retail, infrastructure...). The sale can begin before the spin-off process has been completed. The tabling, and imminent
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Govt struggling to keep coronavirus threat at bay
PoliticsGreek PoliticsAn uptick in the number of Covid-19 cases and deaths after a brief lull looks likely to put off any plans to end the national lockdown on December 7 as the opposition piles more pressure... with off-road motorcycle riders during their outing and took photos with the group in which
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Flagship pension reform hits snag over transition cost
PoliticsGreek Politicsretirees better off. Opposition parties had focussed on the considerable transition cost, pressing... to reports, Athens wants to give businesses and household the ability to pay off the virus-related debt
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