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For Greek banks, it's business as unusual
Agorato turn into NPLs. This does not augur well in terms of client repayment capacity in the coming
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Greek-Turkish rift puts strain on Cyprus reunification talks
PoliticsForeign Policythat Athens and Ankara are not likely to engage in a constructive dialogue over security and guarantees... on Cyprus, Espen Barth Eide has already begun to engage in talks with Athens and Ankara in an effort to lay... tensions in Greek–Turkey relations, the Turkish-Cypriot and Greek-Cypriot sides have been finding
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PM tries to steer agenda back to reforms as OPEKEPE scandal rumbles on
PoliticsGreek Politicsto shrug off the Semertzidou affair. Dubbed the “Ferrari farmer” after her social media posts showcasing a lavish lifestyle and political connections attracted attention after her partner, a farmer
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Mitsotakis makes new bid to break deadlock with farmers as govt ponders relief measures
PoliticsGreek Politicsas the government grapples with farmer protests and broader cost‑of‑living pressures. In the vote estimate... parties face significant barriers to voter trust. Against the backdrop of farmer unrest
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicseuros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyperiod. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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Newsletter 121 - 02/06/2017
is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions
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