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Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
EconomyMacroeconomy, the Bank of Greece's (BoG) monthly financial statement has revealed. As of the latest month, the total... the total to 9.52 billion. The fall this month in Eurosystem funding reverses an increase in funding of 974... of total liquidity at 77.8 percent, having overtaken ELA funding in April of this year. In November
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Industrial turnover records five months of contraction after 6.2 pct drop in Aug
EconomyMacroeconomyturnover decreased by 31.8 percent. On a monthly basis, industrial turnover in the total market decreased... months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October last year
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingstands at 18.3 percent, from 17.8 percent in 2023. The total capital ratio increased to 21.1 percent... Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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April primary surplus beats target thanks to improved taxes and contained spending
EconomyMacroeconomy. The total budget balance up to April showed a surplus of 1.88 billion euros, from a 1.65 billion euros... 884 million euros from the RRF this year.
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
EconomyMacroeconomyto 18.07 billion euros. Net revenues were 25.18 billion euros. The total budget balance for April showed... euros. It has also received a new tranche from the RRF of 884 million euros.
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Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomyshort of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... at 382,650, representing a rise of 86,911 from the previous quarter. The relevant amount rose by 859 million
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingcorresponding to only 1.8 percent of the total amount. Although initial press reports had indicated... of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative
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Greece and Albania seek to leave Beleri case behind in 2024 after year of turmoil
PoliticsForeign Policyup his duties.” Albanian Foreign Minister Igli Hasani admitted last week that “there are negotiations, ideas, and commitments from both sides to find a solution.” Hasani denied that Tirana and Athens
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek PoliticsAchtsioglou who only managed 36.18 percent in the final count. A total 148,821 party members cast.... Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims
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Govt banks on uptick in vaccines over coming months aiding return to normality
PoliticsGreek Politics, the death toll of 79 announced by the National Health Organisation (EODY) was the highest daily total this year. This took the total number of deaths since the start of the pandemic to 8,532. Also, 4,309... as Greece aims to hit 1.5 million vaccinations in April alone, almost doubling its total until the end
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