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

    Economy

    administration thought it had finally solved this problem with a plan to sell off some of PPC’s... with creditors and underline Harold Macmillan’s old adage that events knock governments off course

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  2. Budget primary surplus at 382 mln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    figures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments that took place until June 2019

    5%

  3. Hatzidakis announces strategy for partial privatisation of PPC

    EconomyFeatures

    , ADMIE, which was fully owned by PPC, would be split off from the parent entity. In 2017, PPC sold a 24... with Skai TV, he had indicated that privatisation plans were off the table for PPC, saying that no one would

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  4. Budget primary surplus confirmed at 381 mln in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    incorporated into 2019 figures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments that took

    5%

  5. ND moves on to next bill after first round of tax cuts approved
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    said that applicants would choose how many instalments they want to pay off their debt... that this would be the last one-off scheme of its kind but promised that New Democracy would create a “permanent

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  6. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    they will be required to write off Deferred tax credits (DTCs) corresponding to the accumulated provisions of deferred loans. Legislation will be introduced so that the amount of DTCs written off will be recognised

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

    EconomyMacroeconomy

    982 million euros have been incorporated into the 2019 figures to cover the one-off payments... that these one-off payments that took place until June 2019 in connection with ministerial decisions

    5%

  8. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    of 982 million euros that have been incorporated to 2019 figures, so as to cover the one-off payments of law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The one-off

    5%

  9. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    income (PPI) declined by 12 percent quarter-on-quarter (QoQ) to 188 million. When excluding one-off... stood at 196 million euros. Excluding one-off items, PPI for the same quarter last year remained

    5%

  10. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    is sent to the House. This capped off what was seen as a politically moderate appearance by Mitsotakis... of putting off any effort to lower the primary surplus targets. The opposition party also claimed that his

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