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  1. Credit flow turns negative in July with outflow for corporations at 1 bln
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    The credit expansion in the Greek private sector kept up its recent pace in July, rising by 6.4 percent year-on-year (YoY), from 6.1 percent in the previous month, Bank of Greece (BoG) figures released on Wednesday showed. The net lending flow was negat...

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  2. Current account at 1 bln surplus in Jan, goods deficit at 2.91 bln
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    EconomyMacroeconomy

    Greece’s current account was in surplus in January of 1.02 billion, from a deficit of 3.6 billion euros in December, Bank of Greece (BoG) data showed on Monday. In January 2024, the balance showed a surplus of 1.8 billion euros. The Bank of Greece notes...

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  3. Samaras tax cut pledges aimed at MPs rather than voters
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    that the reduction in the heating oil tax will lead to consumers paying up to 12 cents less per litre... is hoping that it will be able to offer up to 100 tranches from the 12 now on offer. This would... and are growing by an average of around 1 billion euros per month. Samaras also confirmed the government would

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  4. All the numbers that matter in the Greek presidential election
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    or February 1. The numbers At the moment the government has 155 MPs (New Democracy 127 and PASOK 28... Greeks 12, the Communist Party 12 and Democratic Left (DIMAR) 10. In the middle there are 24 independent

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  5. Conditions for Greek ECCL reportedly outlined in German document
    Photo by MacroPolis

    EconomyProgramme

    of the current troika review. The estimated duration of the ECCL is 12 months. The amount provided... that Greece’s funding needs for 2015 range between 6 and 12 billion euros. This means that the 10.9... been fulfilled. The German document outlines the key conditions for the ECCL: 1) Elimination of any

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  6. Sharp monthly rise in unpaid taxes to 1.59 bln for November
    Photo by MacroPolis

    EconomyMacroeconomy

    . The first indicator refers to legacy debt collections targeted by the Finance Ministry (MoF) at 1 billion..., the actual figure fell short of target as it reached 12 percent. In all likelihood, the 12-month.... More specifically, collected taxes from audits on large corporates fell to 12 percent in the 11-month

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  7. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    weaker NII from Turkey (down 12 percent in TL terms) and Greece (-2 percent). The lower Greek NII.... The bank noted it has a liquidity buffer of more than 12 billion mostly for ELA funding. The Basel III Common Equity Tier 1 (CET1) ratio eased to 12.1 percent in Q1 from 13.6 percent in Q4, mainly

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  8. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    in September, while the corresponding payments dropped by 12 percent to 155.8 million. As a result, travel... a surplus of 11.07 billion, up by 5.8 from last year’s figure of 12 billion. Unlike September... by 1 billion from last year’s figure.

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  9. Multi-bill tabled in Parliament, paves way for sale of NPLs

    EconomyProgramme

    demanded by the institutions for the disbursement of the next sub-tranche of 1 billion euros... NPLs at 28 billion (of which 12 billion relate to primary residences), SME and sole-proprietors... will be uploaded on BoG website. An NPL may be sold by a bank only if in the preceding 12 months the debtor did

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  10. Piraeus port privatisation moves a step closer
    Photo by Harry van Versendaal

    EconomyBanking

    that announcements will be made on January 12 after the opening of financial offers. Three investment.... The agreement, which has been effective from October 1, 2009, involved the management of OLP’s Piers II... the past 12 months, have accelerated in December and could convey a positive message

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