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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomyof 2.28 billion. Revenues The breakdown of the key budget items displayed revenues (before tax refunds... underspend is the key contributor to the budget outperformance so far this year. Interest payments increased
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Marfin Investment Group EBITDA up 75.6 pct in Q1
Economyand key drivers behind performance were cited as active vessel deployment and redeployment of the fleet... preserved its lead market position in its key fresh milk and frozen vegetable markets. During
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammeMinister Giorgos Houliarakis provided more details on the three key pending issues. The first relates... that it could be concluded in less than one month. NPLs The second key issue relates to the non-performing
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyof the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... by 800 million euros to 15 billion in 2016 with tourism performance expected to play a key role
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Newsletter 76 - 03/06/2016
estimates released on May 13. In Q4 last year, GDP rose by 0.1 percent. All key GDP components fell QoQ... key problems, though, with this approach. Firstly, there is ample evidence to suggest that previous
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Greek banks on cusp of improved liquidity conditions
Agoracompletion of the adjustment programme and debt sustainability. The latter appears to be the key obstacle... returning back to the banking system. Also, the lifting of capital controls is a key prerequisite
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomythat the state budget’s primary cash surplus reached 2.29 billion euros and remains the key contributor..., albeit lower than last year. The breakdown of the key figures showed gg revenues increased by 2.52
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Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
EconomyMacroeconomy. Tourism was one of the key drivers for the resilient performance of the domestic economy in 2015 and is expected to play also a key role in GDP evolution this year. SETE expects an increase in foreign
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyoutperforming target by 3.05 billion. Revenues The breakdown of the key budget items showed revenues.... The continued underspend, albeit at a slower pace in May, remains the key contributor to the budget
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ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBankingof the key preconditions (i.e. the reinstatement of waiver) is now met, we understand that the key
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