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Newsletter 275 -27/11/2020
. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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PM returns to address hooligan aftermath as SYRIZA gears up for leadership vote
PoliticsGreek Politicsof the recent fatal stabbing of a 29-year-old AEK fan outside the team’s stadium during a clash... violence following another fatal stabbing, of an Aris fan in Thessaloniki, in 2022. Seven people
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Fraud probe at Hellenic Postbank a sign of bigger things to come?
PoliticsGreek PoliticsUBS-executive Christos Sklavounis in May. Clearly, the judicial process is at an early stage
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Mounting pension protests exert more pressure on coalition
PoliticsGreek Politics, mostly at UBS. Judicial authorities in Greece have already started inviting account holders to prove
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Eurobank raises 500 mln with covered bond issue
EconomyBankingof the final participation came from institutional investors. Barclays, Goldman Sachs, UBS, JP Morgan
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBanking. UBS Limited is acting as exclusive financial advisor of Piraeus for the transaction. Alix Partners
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Are Chinese investments starting to hit a wall in Germany?
Agorathe Swiss bank UBS, thereby (temporarily) becoming the single largest shareholder in Germany’s leading
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