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Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
EconomyMacroeconomyfor the first five months, lower than the target by 296 million euros. Tax refunds came to 1.64 billion
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Govt intent on making some relief measures permanent
PoliticsGreek Politicspermanent relief measures, including lower income taxes and reduced VAT for certain competitive Greek
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Building permits jump by 124.5 pct in April, from year-earlier lockdown
EconomyMacroeconomypercent lower than the 2005 peak. Much of the current building activity also concerns refurbishments
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PM opts for compulsory vaccinations in healthcare as Covid-19 cases continue to surge
PoliticsGreek Politicsunvaccinated customers under a lower-capacity scheme allowing the mixing of vaccinated and unvaccinated
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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economyforecast is revised up due to improved performance during the first quarter of the year and lower
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Government compromises on 2 pct rise for minimum wage
PoliticsGreek Politicsof tax breaks, including lower social security contributions. “It [the rise] could be called symbolic
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NBG increases profits in H1 as it progresses with NPE clean up
EconomyBankingincreased to 11.6 billion euros in H1 from 10.5 billion in the end of 2020. The significantly lower
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Building permits jump by 62.9 pct in May, from year-earlier lockdown
EconomyMacroeconomy, but have not yet come close to this high. Total permits for 2020 came to roughly 80 percent lower than
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Data for total revenues in Q2 reflects recovery from end of lockdown
EconomyMacroeconomyare lower by nearly 3 pct and 8 pct respectively.
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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBankingto a lower retrospective TLTRO-III benefit and the derecognition of Galaxy. On an aggregate basis, NII
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