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  1. Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank announced on Monday that it entered into definitive agreement with Intrum and Serengeti Asset Management for the sale of 49 pct of the mezzanine and 2 pct of the junior notes of the Sunrise II securitisation. The portfolio consists of roughly 47,000 retail and corporate loans

    12%

  2. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9

    11%

  3. General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    expenditure​,​ came to 6.12 billion. Compensation of 2.73 billion euros accounted for 24.4 percent

    9%

  4. General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln

    EconomyMacroeconomy

    split between non-gg (6.12 billion) and gg (4.40 billion) entities.

    9%

  5. Newsletter 206 -17/05/2019

    Newsletters

    -gg (6.12 billion) and gg (4.40 billion) entities. As they work on mechanisms to reduce bad loans

    9%

  6. Budget primary shows deficit of 7.01 bln in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the aggregate period was higher than the same period last year by 6.12 billion, due to the PIB which showed

    9%

  7. Primary cash balance deficit at 6.14 bln in April
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year to come to 6.12 billion euros. Interest payments increased by 54 million euros and came to 306

    9%

  8. Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the same period of 2021. The goods balance was a deficit of 6.12 billion euros, up from 2.84 billion

    9%

  9. Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months

    EconomyMacroeconomy

    to 4.66 billion euros, from 6.12 billion euros in April last year. Interest payments were broadly stable

    9%

  10. Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
    Photo by MacroPolis

    EconomyMacroeconomy

    balance for October showed a surplus of 6.12 billion euros, from a 482-million-euro deficit in October

    9%