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  1. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    income tax fell by 1 percent to 922 million. Total ENFIA revenues are targeted at 2.65 billion euros... target to be met, despite some seasonal taxes such as road tax fees of 1.1 billion due to paid... in the 10-month period to 5.33 billion, in line with target. Overall, total expenditure fell by 4.8 percent

    5%
  2. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    in 2015. The combined effect of higher primary expenditure and lower interest payments led total... (under Greece’s programme method) stood at 1.1 billion euros, which corresponds to 0.63 percent... the same six-year period by a total amount of 30.76 billion with the deficit landing at 5.6 billion

    5%
  3. The story behind Attica Bank, the non-systemic lender thrust into the spotlight
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    euros at the end of 2015 making up just 1.1 percent of the five Greek banking groups’ assets. Its... share of 1.5 percent. The loan breakdown shows corporate loans make up 71.9 percent of total, while... percent to industry. The bank operates via a network of 70 braches (2.9 percent of total) with a staff

    5%
  4. Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure per trip by 6.3 percent to 542 euros, while arrivals grew by a modest 1.1 percent..., arrivals from EU countries rose by 7.2 percent to 8.09 million by July making up two-thirds of total... to 8.24 million year to date. SETE recently reiterated its projection for total arrivals, which

    5%
  5. Deposits edge up to 124.8 bln in Nov on marginal inflows of 12 mln

    EconomyMacroeconomy

    . Total deposits – which also include those of the general government (gg) as well as of euro... was attributed to the disbursement of the last bailout tranche of 1.1 billion at the end of October... inflows of 276 million for the fourth straight month. Overall, total deposits in the Greek banking

    5%
  6. Tsipras concludes US trip with focus on geopolitics and investments
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    Tzanakopoulos clarified that Athens would only pay 1.1 billion euros of this total and that the payment would... created by the apparent agreement to upgrade Greece’s F-16 fleet for a total cost of 2.4 billion dollars

    5%
  7. Travel balance up by 17.2 pct in September on higher receipts, lower payments
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    -denominated countries, the total rise was 16.2 percent (1.03 billion euros). For countries within the EU... Russia rose slightly by 1.1 percent. Overall, arrivals from the 28 EU countries rose by 8.1 percent... the aggregate figure up by 8.1 percent to 16.2 million. In total, the BoG figures showed

    5%
  8. Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    be reduced further by 1.1 billion euros to 25.8 billion. The BoG stated that the drop reflected... of the total withdrawn liquidity. In November, the collateral pledged with the BoG fell by 2.62 billion euros..., that the total for November still remains roughly 5.42 billion above the November 2014 figure of 30.14 billion

    5%
  9. Thessaloniki Port Authority contract signed, Hellenikon takes another step
    Photo by Giannis Papanikos/Fosphotos

    EconomyProgramme

    euros. Overall, the total value of the privatisation is expected to generate 1.1 billion euros... figures released by the Ministry of FInance, a total of 1.27 billion euros have been generated

    5%
  10. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    the majority of GDP, making up 88.8 percent of the total figure in Q4, with private consumption... of the total. The latest MoF forecast pointed to a rise in household consumption by 0.9 percent... consumption rose by 0.1 percent in real terms while public consumption fell by 1.1 percent across

    5%