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  1. Budget primary surplus at 617 mln in June as expenditure continues to fall below target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    execution bulletin due on June 24. Tax refunds rose by 21 percent to 2.23 billion, higher than... of the year, expenditure increased by 2 percent to 23.32 billion, lower than the target by 122 million. PIB

    22%

  2. S&P revises outlook to positive, sees encouraging signs after debt deal
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Having updated Greece’s credit rating ahead of schedule at the end of last month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept the country’s rating... improved, along with the country’s economic prospects. It sees the Greek economy growing between 2

    22%

  3. Budget primary surplus confirmed at 635 mln in June on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros. Tax refunds rose by 21 percent to 2.23 billion, higher than their target by 76 million euros... months of the year, expenditure increase by 2 percent to 23.32 billion, lower than the target by 122

    22%

  4. Economic sentiment reaches 105.3 in July, highest since June 2014
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    confidence indicator fell for a second month, declining by 5.1 points to 15.9 in July compared to 21..., the construction indicator rose by 2 points to -45.8 points in July. The improvement since the start

    22%

  5. Unpaid contributions rise to 33.86 bln as more legacy debtors added
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The stock of unpaid social security contributions (SSCs) increased to 33.86 billion euros in the second quarter (Q2) of 2018, increasing by nearly 2 billion compared to the figure of 31.87 billion... figure of 882 million, while 21 percent owe between 5,000 and 15,000 for a combined stock of 2.24

    22%

  6. Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to 21 percent at a cost of 385-400 million euros; 2. A horizontal cut in the region of 30 percent

    22%

  7. Strong receipts push travel balance up by 15.9 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 3.9 million. Those from euro-denominated areas rose by 15.7 percent to 2 million. Visitors from..., arrivals from the EU 28 countries rose by 21 percent and came to 10.6 million. Arrivals from euro

    22%

  8. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    of 53 million euros compared to profits of 21 million noted in 2017. Core pre-provision income (PPI... were reduced by 2 billion euros. By segment, NPL formation in the retail segment fell by 255 million

    22%

  9. Tsipras leads the line as New Democracy has victory and majority in its sights
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    by 2 points, while New Democracy’s backing has increased by just 0.1 point. For the parliamentary vote, 28.8 percent say they will vote for New Democracy and 21 percent say they will back SYRIZA

    22%

  10. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    operations, profits stood at 21 million in the current quarter against a loss of 84 million... from 378 bps in Q4. Net fee income fell by 11 percent QoQ to 59 million and showing a decline of 2

    22%