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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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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Eurobank gears up for crucial but contentious capital increase
EconomyBanking, the upcoming negative impact of Basel III guidelines on the banks’ capital base also need to be considered... to PSI. According to the Basel III rules, these preference shares are fully eligible as CT1 capital until 2017. Thus, the bank’s Basel III fully-loaded pro-forma CT1 of 10.6 would ease by 2.5
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National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingand b) Enhance its capital base in light of the negative impact arising from the Basel II fully... Basel III rules until 2017. NBG said the combined capital enhancement of 3.54 billion.... Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land
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Kammenos dismisses talk of coalition rift but maintains Macedonia name objections
PoliticsGreek Politicsof the Independent Greeks (ANEL) parliamentary group, which was held in the wake of mounting rumours... neighbour should not be allowed to use the name “Macedonia.” “ANEL made an honest agreement with SYRIZA... positives. This chimes with the feeling that there seems to be little chance of the SYRIZA-ANEL
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Tsipras and Kammenos set aside speculation and focus on coalition's key goals
PoliticsGreek Politics’s office to insist, as he has done before, that SYRIZA and Independent Greeks (ANEL) will remain... prominent issues. The ANEL leader dismissed the claims of a rift, saying it was the work of “those who..., the prospect of any party jumping into government with SYRIZA if ANEL decides it has had enough
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Countdown to Macedonia name deal vote has PM weighing up support
PoliticsForeign Policyfor the agreement. This prompted a strong reaction from junior coalition partner Independent Greeks (ANEL), which is opposed to the deal. ANEL spokesperson accused Kotzias of trying to create problems in the governing coalition. This prompted a meeting between Prime Minister Alexis Tsipras and ANEL leader
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Kammenos deviation raises more questions about coalition's endurance
PoliticsGreek Politics, Independent Greeks (ANEL). During his visit to Washington, Kammenos suggested an alternative plan... to reports, SYRIZA and ANEL officials were taken aback by Kammenos’s comments as his proposals had... speaker Nikos Voutsis also appeared perplexed by the suggestions made by the ANEL leader
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Amid coalition bickering, Skopje vote lights up path to snap elections in Greece
PoliticsGreek Politicsturbulence. Kammenos, who leads the junior coalition partner Independent Greeks (ANEL), told a meeting... position could not be clearer.” The ANEL chief did not make it clear if his departure from.... ANEL could, theoretically, leave the coalition but continue to back SYRIZA in crucial votes
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