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  1. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    that in line with targets, the parent NPL stock is anticipated to fall by 50 percent by 2019 versus September..., where the figure stood at 10 billion, driven largely by a 1.8 billion fall in Emergency Liquidity... and a more active interbank repo market. In the year to date up to mid-November, the fall in Eurosystem

    30%
  2. General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) and came to 23.81 billion euros. ​This was driven primarily by a fall in interest paid (-859 million...-on-month falls were noted in four out of the six subcategories. The biggest fall came from SSF arrears... The stock of gg guarantees fell substantially by 3.84 billion to 22.87 billion. The fall was almost

    30%
  3. General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The biggest fall came from tax refunds which decreased by 363 million in September to come to 699... a marginal fall of 5 million to 51.54 billion, representing 14.5 percent of the total. Repos dropped by 1.57.... The main driver behind the fall was a 898 million-euro decline in Emergency Liquidity Assistance (ELA

    30%
  4. General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was noted in extrabudgetary funds with an annual fall of 1.08 billion euros, bringing the total figure... percent YoY) to stand at 74.59 billion euros. The main driver was a fall of 412 million in transfers, which came to 4.42 billion euros. The next biggest fall was in purchases of goods and services

    30%
  5. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    -on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.06 billion... million. Overall, the state budget primary balance showed a fall of 6.36 billion euros, landing... largest fall was in sales of non-financial assets with a decline of 1.26 billion, taking the total

    30%
  6. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    ) to a Greek supplier on behalf of TAP AG (Greece) and the contribution by D-Marine Investment Holding to the share capital of Home Holdings for the acquisition of Ionian Hotel Enterprises. For the whole... in resident’s external assets in December, mainly stemming from a rise in residents’ holdings of foreign

    29%
  7. Stocks fall for second straight week amid soft volumes
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    ). The process includes the establishment of a holding company, the transfer of a 51 percent stake in ADMIE

    29%
  8. Newsletter 29 - 05/06/2015

    Newsletters

    medicines, food and hotels, while all other products and services would fall under the existing higher... anticipated at that time. Those measures mainly involved increasing the hotel VAT rate from 6.5... unchanged at 25.6 percent in March, but the number of employed Greeks continued to fall. The latter figure

    28%
  9. Newsletter 141

    Newsletters

    with a convict in a major drug smuggling case and a trip to London during which he stayed at a luxury hotel... Decline is the first fall in the headline figure since October 2016 Industrial turnover fell by 0.8... and quarrying by 10.6 percent, along with a fall of 1 percent in manufacturing. Industrial turnover

    28%
  10. Tsipras gears up for internal battle, sets priorities for summer

    PoliticsGreek Politics

    of the institutions’ envoys entering ministries by holding meetings in hotel rooms.

    28%