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  1. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to the previous week, 22 of the 25 FTSE/ASE Large Cap Index constituents ended higher. In contrast, the three... million in the previous week. Market news The flow of foreign investors turned positive in April, with inflows of 12 million euros following outflows of 37 million in the previous month. Overall

    3%

  2. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.07 billion in March, largely due to primary expenditure returning to the level of previous months.... Revenues Gross revenues fell by 6.3 percent in April, after rising by 2.9 percent in the previous month... performance in April compared to the previous month as well as the respective 2016 figures. Revenues

    3%

  3. Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the previous figure of 3.79 billion euros included in the 2017 budget that was tabled on November... government bodies, which are now estimated at 193 million euros from a previous figure of zero.... The Finance Ministry also upped its previous projection for the 2017 nominal GDP by 387 million euros

    3%

  4. Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of previous months after a short-lived hike in March. The budget balance posted a deficit of 1.14... in the previous month and stood at 3.15 billion, 146 million short of target. This is the first monthly... indirect tax arrears by 192 million. The comparison with the previous year shows that income tax grew

    3%

  5. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    ) of 2017, compared to 73 million in the previous quarter. This largely reflects the elimination... to 270 million, declining by 5.9 percent from the previous year and reflecting the implementation... percent in Q1 from 53 percent in the previous quarter and 56 percent a year ago. Impairment losses

    3%

  6. Deposit interest rates largely unchanged in April, average loan rate increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a nosedive of 98 bps in the previous month, while the consumer loan rate without a fixed maturity... decrease of 39 bps in the previous two months which led to a new record-low of 4.47 percent in March... in the previous two months.

    3%

  7. CPI growth slows to 1.2 pct in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    growth recorded in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday... by 1.5 percent following a slightly higher increase of 1.6 percent in the previous month. The upward... with the previous month showed CPI fell by 0.9 percent mostly due to a notable drop in clothing

    3%

  8. Building activity rises 24.7 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month according to Hellenic Statistical Authority (ELSTAT) data released on Monday... at 1,344 in March. In the previous two months, the number stayed below the 1,000 mark... year-on-year in the first quarter (Q1) of 2017 following a drop of 1 percent in the previous quarter

    3%

  9. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    . In the previous month, it dropped at a slower pace of 535 million euros. As a result, Central Bank.... The Eurosystem funding composition stayed broadly flat from the previous month with ELA funding making... with BoG and the ECB also fell by 1.75 and 1.1 billion respectively from the previous month. The BoG

    3%

  10. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    bulletin its previous annual budget estimates for 2017, included in the 2017 budget, with those... percent in May, after dropping by 6.5 percent in the previous month and stood at 3.66 billion, which... by 11.8 percent in May, after a decline by 2.6 percent in the previous month and landed at 3.05

    3%