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  1. Primary cash balance deficit at 13.45 bln in November

    EconomyMacroeconomy

    euros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01

    11%
  2. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium

    10%
  3. Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    billion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same

    10%
  4. Greece said to eye exit plan with precautionary support but no new MoU
    Photo by MacroPolis

    EconomyProgramme

    this new relationship with the eurozone would take. A second element is the usage of the Hellenic... that the usage of HFSF capital buffer for other purposes than bank recapitalisations would require

    10%
  5. Snap elections in Greece bring state's liquidity constraints into focus

    Economy

    by Greek banks and usage of those additional T-Bills for ECB funding a decision by the central bank’s... billion c) Usage of the Hellenic Financial Stability Fund (HFSF) reserves for a few days

    10%
  6. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    on ELA funding and reduced usage of pillar II bonds, was offset by lower loan NII. The latter reflects... and commission income increased by 2.1 percent QoQ to 80.2 million, largely on increased usage of credit

    10%
  7. Mandatory e-payments come into force as Greece seeks to boost card use further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    . Making a clear case for greater card usage, the report states “To the extent that tax evasion... in recent years which links higher card usage to improved tax and VAT collection rates. Once capital

    10%
  8. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    million. Out of the total, the biggest growth was seen in debit card usage, where transactions went... for Economic and Industrial Research (IOBE) earlier this year found that enhanced credit card usage

    10%
  9. Athens eyes implementation of name deal as Skopje homes in on NATO membership
    Photo via NATO: https://flic.kr/p/23BLDJT

    PoliticsForeign Policy

    Macedonia) for international use and to those for internal usage that may be used externally" and (b... for internal usage in the Second Party. The issuance of the documents and materials falling under this category

    10%
  10. Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year

    EconomyBanking

    credit card usage mainly due to tourism, a pick-up of new loan disbursements and a higher contribution..., higher credit cards usage stemming mostly from the tourist season, as well as an increasing contribution

    10%