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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingNational Bank of Greece (NBG) announced early on Tuesday that it has entered into a definitive agreement with Qatar National Bank (QNB) for the sale of a 99.8 percent stake in its Turkish arm... and Qatar The transaction signals a new era for NBG after the disposal of its most profitable asset
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Greece rises through the ranks for LNG transport tankers
EconomyFeatures. Qatar holds the third spot with 59 vessels, but has the biggest overall capacity. Greece stands... has the first spot, followed closely by Japan and Qatar holding the third place. This latest
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Iran war creates turbulence for Greek tourism outlook
EconomyFeaturesis equally severe. Airspace over Iran, Iraq, Israel, Jordan, Kuwait, Bahrain, the UAE, and Qatar.... This has effectively severed the “Gulf Bridge” - the vast transit network operated by Emirates, Qatar
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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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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomyof 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down
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