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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyof the total figure in Q1, with private consumption representing 67.9 percent of the headline GDP number. Government spending represents around 19.8 percent of the total. In its Medium Term Fiscal... services imports increased by 5.5 percent YoY. The MoF is expecting imports of goods and services to rise
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Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2
EconomyBankingdropped to 5.5 percent in H1, from 9.3 percent in H1 2022. The NPE coverage ratio was 57 percent... 2023, while normalised trading income was 41 million euros. Total operating expenses stood at 402... percent. Eurosystem funding stayed at 5.5 billion, after a 9 billion euros repayment, from the 14.5
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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingin, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5... was 31 million euros. Total operating expenses stood at 596 million in 9M, from 616 million in 9M last... at 242 percent. Net loans came to 35.82 billion euros. Eurosystem funding stayed at 5.5 billion
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyto the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget... million corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also
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General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus substantially widened by almost 5.5 times... to date, reaching 3.07 billion and making up 43.6 percent of total arrears. Hospitals’ arrears stood at 1.15 billion (16.3 percent of total) having risen by 215 million in the course of the year, while
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General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
EconomyMacroeconomydropped by 675 million to 19.63 billion, making up 5.5 percent of the total. In the year-to-date... of the year, total arrears have fallen by 740 million, with declines seen in four out of the six subcategories... governments (+12 million euros). At 28.4 percent of the total, tax refund arrears of made up
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PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
PoliticsForeign Policythat Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya... that will take place in Libya's international waters aiming to preserve the UN arms embargo. The new
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Athens assessing lay of land as Cyprus talks approach and UK seeks new role
PoliticsForeign Policy-Cypriot sides have many issues to consider ahead of new Cyprus talks. Libya developments Greece... and the Prime Minister of Libya by the Libyan Political Dialogue Forum in Geneva. A statement released... and the Government of National Accord of Libya, in Tripoli. As a diplomat, Menfi served the regime
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyfor Energy so it can be eligible for EU support funds. Egypt has completed interconnections with Libya... of Northern Cyprus. On the other hand, Cairo and Athens share a common line on the issue of Libya..., and the International Law of the Sea,” he said. The two ministers also discussed the issue of Libya
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FM gauges mood in Middle East, seeks to bolster ties with Egypt
PoliticsForeign Policymemorandum with Libya, which was signed in 2019 and sparked the deepening of the crisis in its... statement on the sidelines of his participation in the Libya Energy and Economy Summit, he pointed out... Unity in Libya last year a memorandum of understanding regarding oil and gas, and noted that he
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