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  1. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    paid in March with a cost of 277 million euros, which corresponds to an average supplementary pension... there are adequate financial resources to support the health system as an extra safety net. It can redirect financing

    28%

  2. Primary cash balance posts deficit of 316 mln in first 5 months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year. It is noted that, excluding arrears’ payments, the respective figure dropped by 277 million... stemmed from a rise in net revenues by 3.7 percent coupled with a drop in expenditure by 3 percent

    28%

  3. Primary cash surplus at 20.34 bln in November as revenues grow
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros to stand at 253 million. On an aggregate basis, interest payments showed a decline of 277... billion euros. Primary expenditure came to 37.35 billion euros and was below target by 1.25 billion. Net

    28%

  4. Newsletter 297 - 21/05/2021

    Newsletters

    to the increase in the economically inactive population. Budget primary shows deficit of 6.21 bln in April Net... investment budget came to 18.3 billion euros. Net revenues came to 15.1 billion euros, below target... to a deficit of 2.25 billion euros in April 2020. On a monthly basis, net revenues came to 3.61

    26%

  5. Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs... was 86.4 percent, up by 10.9 percentage points. P&L Net interest income in 2023 increased by 46.9 percent

    25%

  6. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The monthly flow remained subdued for the second straight month with net deductions of 28.7 million euros in December from net additions of 61.7 million in November. The modest negative flow in December reflects household and sole proprietors’ net deductions of 157 and 15 million respectively mitigated

    25%

  7. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the lowest rate of decline since April 2011. More importantly, the net lending flow stayed positive.... The April figure is the highest reading since June 2012, when net additions stood at 853 million. The positive flow in April is almost entirely attributed to corporate sector net additions of 763

    25%

  8. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank’s third quarter (Q3) figures revealed net results from continued operations showing a profit of 44 million euros compared to a net profit of 20 million in Q2 2019. This marks a fifth consecutive quarter where net results have landed on a profit rather than loss. Net results overall

    25%

  9. Newsletter 277 -11/12/2020

    Newsletters

    PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...

    24%

  10. Newsletter 279 -13/11/2020

    Newsletters

    balance decreased slightly to 147.25 billion euros. The net lending flow was positive by 230 million compared to outflows of 247 million euros in October. The corporate lending balance's net monthly flow...), rose by 2.72 billion in November. Net deposit movements in the Greek banking system were positive

    24%