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Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomysurplus was upped by 544 million euros to 4.34 billion in 2017, reflecting higher net revenues (by 1.29.... Following this revision, the 5-month primary surplus beat target by 792 million, fully reflecting strong.... Overall, net revenues amounted to 17.92 billion in the 5-month period and were spot on target
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Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
EconomyMacroeconomyto a strong underspend. The primary expenditure came in 1.16 billion euros lower than the target, coupled with higher than targeted Public Investment Budget (PIB) balance and slightly higher net revenues... period, 133 million higher than target. Overall, net revenues amounted to 21.34 billion euros
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Commission keeps outlook on Greece stable, sees growth picking up this year
Economydriver for growth. Strong foreign demand is expected to keep net exports strong this year as well.... While private consumption remained flat during the first three quarters of last year, net exports have
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Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
EconomyMacroeconomythe target by just under 200 million euros. Net revenues came to 14.38 billion euros, above target... million euros, a strong improvement on the balance for the same period last year which showed... last year which came to 956 million. As mentioned, net revenues amounted to 14.38 billion euros
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Newsletter 224 -18/10/2019
-September budget execution figures showed that there was a strong fiscal outperformance... it expects to run a total surplus of 0.1 percent next year. Tax repayment scheme receives strong..., making the net effect more moderate. 2 Rate of rise in overdue taxes drops in Aug Total for new
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Credit growth stable at 10.6 pct YoY in Aug
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in August, rising by 10.6 percent... released on Thursday showed. The net lending flow was positive by 166 million euros after an outflow of 1.26 billion euros in July, with strong inflows over the last few months. The outstanding balance
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Business loans drive credit growth of 10.7 pct in Sep
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in September, rising by 10.7... released on Monday showed. The net lending flow was positive by 2.19 billion euros after an inflow of 166 million euros in August, with strong inflows over the last few months. The outstanding balance
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Credit growth slows to 7.8 pct YoY in Oct
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong though it moderated in October...) figures released on Thursday showed. The net lending flow was negative by 1.38 billion euros after an inflow of 2.17 billion euros in September, with strong inflows over the last few months
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NBG profits at 1.26 bln in 2025, cash payout at 500 mln
EconomyBankingprofit was 1.16 billion euros, unchanged from 2024. P&L Net interest income (ΝΙΙ) decreased 9.3 percent YoY to 2.14 billion. Net fee income increased by 9.8 percent to 469 million euros. Core Pre... at 21.5 percent in 2025, up from 21.2 percent in 2024. The strong profitability allows the bank
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Tsipras conducts varied reshuffle in further bid to revitalise coalition
PoliticsGreek Politicsbe leaving the Interior Ministry to become SYRIZA’s secretary, several other frontline officials... role is Alexis Haritsis. The 41-year-old was appointed interior minister, replacing the outgoing... is one of the few cabinet members to emerge with his reputation relatively intact. The Interior
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