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  1. Primary surplus beat target in 2015 on higher revenues and restrained spending
    Photo by MacroPolis

    Economy

    taxes of 1.07 billion, slightly short of the 1.1 billion target. For the whole year, revenues slipped..., in line with target. Overall, total expenditure remained almost stable (+0.2 percent) to 48.55

    5%

  2. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    of the Asset Quality Review (AQR), 1.1 billion is non-AQR related and reflects the loan quality deterioration... to 4.9 billion in December from 2.8 billion in September. From a total ELA collateral pool of 24.6

    5%

  3. Newsletter 73 - 13/05/2016

    Newsletters

    surplus widened to 3.22 billion in Q1 from 1.1 billion last year, reflecting an increase in revenue... first became available. The breakdown showed gross hirings of 215,176, partly offset by a total

    5%

  4. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    remains the biggest contributor to GDP accounting, making up just over 69 percent of the total figure... percent more than offset by a drop in imports of goods by 1.1 percent. On the flipside, imports

    5%

  5. Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in those from France and Germany by 1.1 and 0.4 percent respectively. The latest volume figures.... According to the annual economic report of the World Travel and Tourism Council (WTTC), the total

    5%

  6. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    expenditure slipped 1.1 percent to 15.49 billion, 2.06 billion better than target. It is worth..., in line with target. Overall, total expenditure eased by 0.8 percent to 18.91 billion, 2.37 billion

    5%

  7. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
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    EconomyMacroeconomy

    lower than target. The 5-month figure eased 1.1 percent to 15.49 billion, which was 2.06 billion.... Overall, total expenditure slipped 0.8 percent to 18.91 billion euros in the 5-month period, 2.37 billion

    5%

  8. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    figure for the 6-month period now points to a rise by 3 percent compared to a drop of 1.1 percent... almost right on target. Following the double digit growth in primary expenditure in June, total

    5%

  9. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    percent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net sea transport receipts. In addition, travel receipts fell 10.4 percent to 1.1 billion in May despite

    5%

  10. After calm summer, hectic September lies ahead for Greek government

    EconomyProgramme

    the 10.3 billion in total initially approved after the completion of the first programme review. From the additional disbursement, 1.1 billion is due to be used for debt servicing needs, while 1.7

    5%