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  1. PPC, Hellenikon present government with first test of problem solving mettle
    Photo by MacroPolis

    Economy

    . Hellenikon, bond sale The government has also staked a lot of credibility on getting the 8 billion-euro

    2%

  2. Primary cash balance at deficit of 24 mln in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    that during the first six months of the year, the PIB balance has worsened by 775 million euros

    2%

  3. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent. Receipts came to 1.61 billion euros, increasing by 9.3 percent year-on-year (YoY). Travel payments also increased by 18.4

    2%

  4. Hatzidakis announces strategy for partial privatisation of PPC

    EconomyFeatures

    The government has announced its plans for rescuing the state electricity firm, the Public Power Corporation (PPC) and save it from collapse. Energy Minister Kostis Hatzidakis unveiled the government’s plans in Parliament on Monday in the context of the general outlining by New Democracy of its

    2%

  5. Overdue social security contributions decrease slightly to 35.11 bln in Q2
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that for the relevant period in 2018, and represented a rise of 4.3 million QoQ. Overall, KEAO has collected revenues

    2%

  6. Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-month to stand at 1.7 points. Year-on-year, industry confidence has fallen by 3.7 points. Additionally

    2%

  7. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    has under-executed spending by 627 million euros. Interest payments came to 3.63 billion, 189 million

    2%

  8. Primary cash balance surplus at 1.52 bln in July

    EconomyMacroeconomy

    seven months of the current year, the PIB balance has worsened by 842 million euros. The Ministry

    2%

  9. Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent. Receipts came to 2.62 billion euros, increasing by 16.4 percent year-on-year (YoY). Travel payments also increased by 25.3

    2%

  10. Moody's holds on rating update stressing need for reform
    Photo by MacroPolis

    Economy

    Moody’s was expected to complete the latest round of ratings reviews for Greece after S&P in spring and Fitch earlier in August. However the rating agency held back from any action and did not update its rating for the country. This is not the first time that Moody’s has taken a more cautious

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