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Budget primary surplus at 4.96 bln in Dec, beating annual target
EconomyMacroeconomyeuros, very slightly below target by 7 million euros. The monthly primary balance for December came... revenues came to 60.07 billion euros, higher than the target by 7 million euros. The full revenue
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Newsletter 235 -17/01/2020
revenues came to 55.02 billion euros, very slightly below target by 7 million euros. On an aggregate basis, gross revenues came to 60.07 billion euros, higher than the target by 7 million euros
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBanking. Of the total, around 18 billion euros will be used to support businesses and 7 billion... around 7 billion euros as well under the government's plans. Guarantees of 2 billion euros
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsis costed at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion... to businesses will provided through a range of schemes, including 7 billion euros of loans backed
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Newsletter 251 -22/05/2020
and guarantees, of which 7 billion have already been spent. The main tool for supporting employment... will be provided through a range of schemes, including 7 billion euros of loans backed by the Hellenic Development
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingat a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion have already been spent. Liquidity to businesses will be provided through a range of schemes, including 7 billion
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Gloomy preliminary results for Aegean as state support talk gathers pace
EconomyFeaturesof 56 percent YoY in March. This fully overtook a rise of 11 percent and 7 percent in January... the inclusion of Ryanair. France’s government has pledged 7 billion euros in aid for Air France, while
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingfor the securitisation of the Phoenix and Vega portfolios with a combined value of 7 billion euros... and 7 percent YoY. The cost-to-income ratio (excluding the pandemic-related trading impact) stood
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Apartment prices rise by 6.9 pct in Q1
EconomyMacroeconomyin 2019, against an increase of 2 in 2018. Apartments over 5 years old saw prices increase by 7 in 2019... on revised data, apartment prices increased on average by 10.4 percent in Athens, 7 percent
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomymillion each) and SSFs (+7 million). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary funds (-4 million). Since the start of the year, total arrears
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