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General govt primary deficit at 3.87 bln in March; spending soars
EconomyMacroeconomycompared with a year earlier, followed by transfers, which were 277 million euros lower. Taxes
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Vaccination scheme gaps identified as Greece prepares to discard masks
PoliticsGreek Politicspatients has edged down to 277. Draft laws Away from the coronavirus, Wednesday’s political agenda
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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingPiraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279 million euros, from 331 million euros in 9M 2022. Normalised operating profit was 577 million euros in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5
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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek Politicsfor interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against
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Newsletter 454 - 07/03/2025
for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4
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Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
EconomyMacroeconomyThe seasonally adjusted (SA) unemployment rate rose to 26 percent in December from an upward revised 25.9 percent in November, according to the Hellenic Statistical Agency (ELSTAT). This was the first uptick in the headline figure since September 2013. ...
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomyThe Greek Finance Ministry announced ahead of schedule on Tuesday afternoon the revenue evolution for September, which showed a notable outperformance against the targets. It is noted that the preliminary budget execution bulletin with the official reve...
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Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 5.96 billion euros in the first nine months of 2021, compared with a deficit of 7 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday. The...
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Credit expansion slows to 0.7 pct in Sep as loans to enterprises lead way
EconomyMacroeconomyCredit movement in the Greek private sector increased by 0.7 percent year-on-year (YoY) in September, from 0.8 percent in August, according to Bank of Greece (BoG) figures released on Wednesday. The growth in credit expansion continues to slow after rea...
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Deposits rise by 443 mln in Sep, but flow drops significantly
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system decelerated in September to 443 million euros, after an increase of 1.48 billion euros seen in August, based on Bank of Greece (BoG) figures released on Wednesday. The annual growth rem...
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