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  1. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    982 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

    2%

  2. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    of 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

    2%

  3. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    income (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

    2%

  4. Energy bill also unveiled as legislative activity intensifies
    Photo by MacroPolis

    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

    2%

  5. Govt struggling to keep coronavirus threat at bay
    Photo by MacroPolis

    PoliticsGreek Politics

    An 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

    2%

  6. Flagship pension reform hits snag over transition cost
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    retirees 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

    2%

  7. Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
    Photo by MacroPolis

    EconomyBanking

    the 470 million in H1 2020. Excluding once-off items PPI was 633 million euros. Net interest income (NII..., compared with 670 million euros in H1 of 2020. One-off items and provisioning, including those related

    2%

  8. New cabinet meets with focus on fire fallout, policy roadmap
    Photo by MacroPolis

    PoliticsGreek Politics

    a stand-off with unions after close to 6,000 frontline staff were barred from coming to work on September... and digital transformation. On Thursday, the government ticked off one of its immediate policy targets

    2%

  9. Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
    Photo by MacroPolis

    EconomyBanking

    increased to 1.18 billion euros, a 61 pct rise from the 732 million in 9M 2020. Excluding one-off items...-off items and provisioning, including those related to Covid, but also to NPE clean up initiatives

    2%

  10. Surprise handout announcement provokes storm of criticism from opposition
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    price rises, while also accusing him of selling off the assets of the state-controlled power utility... doses, appointments for first doses in the older age groups have all but tailed off. Plevris insisted

    2%