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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingthat this marked fall was due 1.2 billion euros in non-organic actions from the sale of a corporate... by strong 9M net profits and bond valuation gains (FVTOCI). The upcoming divestment of Ethniki
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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek Politicsfor interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against... and have a three-day debate on the issue before holding a confidence vote, which the government
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Strong travel balance brings current account surplus to 1.83 bln in August
EconomyMacroeconomyinvestment showed a net decrease in residents’ external assets, attributable for the most part to a fall of 4.6 billion euros in the holdings of foreign bonds and T-Bills. At the same time, a net decrease...-Bills. A net decrease in liabilities stems largely from a fall of 3.8 billion in non-residents
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Newsletter 356 - 21/10/2022
by the same. PASOK-KINAL lost 0.7 ppts to fall from 10.9 pct to 10.2 pct. Finally, a sounding by Interview... the pattern emerging in recent week, with ND maintaining a strong lead approaching the final stretch... holding in the four systemic banks, the stake in Alpha Bank is 9 pct and Eurobank at 1.40 pct. The HFSF
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomylargely by a 4.8 percent fall in income tax revenues, which came to 5.78 billion and was off target... under target by 47 million euros. Interest payments continued to fall for a sixth consecutive period... million. The corresponding expenditure stood at 277 million, under target by 78 million and leading
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General govt primary deficit at 3.87 bln in March; spending soars
EconomyMacroeconomy) with a fall of 507 million euros from a year earlier, bringing the total for the month to a deficit... funds deteriorated by 359 million euros YoY. The state budget primary balance showed a fall of 4.13... compared with a year earlier, followed by transfers, which were 277 million euros lower. Taxes
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Newsletter 60 - 29/01/2016
optimistic for 2016, expecting a strong economic growth rate, which is in contrast... euros in Q3, down by more than 1 billion from last year. The fall is mostly due to an 8 percent... of people to Europe, Greece has been the fall guy, taking the blame for not “controlling” its
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicstalked up the prospects of greater trade between the two countries after visiting the fair and holding... majority for a party that garners strong support (he gave the example of 40 percent) in the national... no intention of holding snap elections in a bid to get the vote under the proportional representation
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Newsletter 171 -20/07/2018
, the expectations are that the prime minister will focus on holding the national vote along with the local... the government who feel that Tsipras should not countenance holding elections in 2019 if the 1 percent... executive board on July 27, the Fund has reiterated its key recommendations for Athens and placed strong
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomydeficit of 1.06 billion in March, pulling back on the strong performance recorded in the two-month period... loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure
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