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Final budget execution for June affirms solid revenues, driven by VAT and income tax
EconomyMacroeconomymillion euros and an extraordinary grant to national health provider EOPYY came to 90 million, and 80... an extraordinary grant of 200 million euros to OAED to compensate for lower revenues and 150 million
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Alpha reports 211 mln profit in Q1 as NII reached 420 mln
EconomyBankingAlpha Bank reported a net profit of 211 million euros in Q1 2024, compared to a profit of 111 million euros in the same quarter of 2023, a solid rise of 90 percent. Normalised profit after tax... million in 2023. Recurring operating expenses were down by 2 percent to 200 million euros, from 206
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ELTA CEO resignation fails to stem political fallout from post office closures
PoliticsGreek Politicsthan 200 post office branches and the manner of the surprise announcement, which was to take effect... private interests. Ministers sent to defend the decision have pointed to figures showing that 90 percent
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politics. In recent comments clarifying his description of the preparation of so-called Plan X in his book, Galbraith... was involved in a strategy that sought to push Greece towards a euro exit, said that Plan X
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Are Chinese investments starting to hit a wall in Germany?
Agora.[x] The rapid growth of Chinese outbound investment in recent years has raised awareness in host... Volkswirtschaft um? Berlin, January 2019. [x] See: Bershidsky, Leonid: “Germany Enters the Global
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
EconomyFollowing the release of the World Economic Outlook (WEO) report with its latest macro forecasts on Greece, the IMF published on Wednesday its updated fiscal estimates in the October Fiscal Monitor (FM) report. As with the WEO, IMF forecasts are based o...
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
EconomyIn its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday and the imposition of capital controls in late June. Greek ...
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Newsletter 200 -29/03/2019
Main homes bill done, not dusted Initial legislation amended before vote as doubts persist about Eurogroup decision The government tabled in Parliament this week the first round of draft legislation introducing the new scheme to protect primary residenc...
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Seasonal rise in Dec pushes deposits above 200 bln mark for first time since 2011
EconomyMacroeconomyThe private sector deposits in the Greek banking system ended the year strongly in December with a net increase of 5.65 billion euros, after a 2.27-billion-euro rise in November, according to the latest Bank of Greece (BoG) figures released on Wednesday...
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Despite small drop in July, deposits stay above 200 bln mark
EconomyMacroeconomyThe Greek banking system’s private sector deposits dropped in July, with a net decrease of 1.15 billion euros, after a jump of 5.1 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in Jul...
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