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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy, is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... front, primary expenditure is projected to drop by more than 1.4 billion euros to around 44 billion... million in 2017, down by more than 100 million from 2016 figure of 586 million. Revenue
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomymonth's figure, but below target by 7 million and significantly lower than the figure for the same... in the aggregate period, above target by 689 million euros, and 0.9 percent lower than for the same... which stood at 3.41 billion and 5.8 percent higher than the figure for the same time last year
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Opposition tries to put surveillance scandal back on political agenda
PoliticsGreek Politicsand transparency committee is the first step in the effort to put New Democracy under more pressure as opinion... and on Tuesday he indicated that the government is unlikely to put forward a third round of its Fuel Pass
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The whole truth and nothing but the truth
Agorarather than fantasy has understood that the case against the former head of the Hellenic Statistical... to have generated strong momentum for pressure to be brought on Greece to resolve this matter... of state arrears, withholding it will end up doing more damage than good. A Greek business owner
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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyreflecting a strong underspend with primary expenditure coming in at 1.04 billion euros below the target... by 458 million, driven by lower than targeted tax revenues in other excise taxes (-9.8 percent... mainly from higher than expected indirect taxes which outperformed the target by 230 million. Direct
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Androulakis receives strong mandate for renewal at KINAL
PoliticsGreek Politics, other than making it clear that he wants to rebuild KINAL as an independent political force... Papandreou, will now have to settle for a supporting role at best. Wider impact Androulakis’s strong... rather than to switch their allegiances to SYRIZA. However, there will also be unease within New
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBanking. The bank noted that the results reflected strong trading and other income which stood at 775 million euros... fee and commission income came to 63 million in Q1, up by 13.3 percent YoY, reflecting strong growth..., the bank said. Covid 19 Regarding the impact of the coronavirus, the bank noted that less than 20
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Greece draws strong interest, attractive yield by re-opening 10-year bond
Economythat it had issued in June, after a successful syndication earlier in the summer and a strong... points. Despite the revision, demand was strong and brought in higher offers from existing accounts... oversubscription. More than 300 accounts participated in the transaction, compared to 215 accounts
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Strong public support for farmers adds to pressure on PM for more measures
PoliticsGreek Politics. The latest initiatives are being taken amid apparent strong support from the public for the farmers... there is strong support for the ruling party, as most of the protesting farmers are thought to be New... but the mood among cadres seems sombre. Rather than an opportunity for a re-launch, there is concern
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Investment grade boost visible in strong demand for Greek assets
Economybillion euros with a yield of 4.279 pct and strong demand that reached 22 billion euros. At the end... Financial Stability Fund (HFSF), with the transaction attracting very strong interest. Total demand... in Athens International Airport (AIA). AIA’s listing attracted offers of more than 8 billion euros
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