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  1. Budget primary balance confirmed at 495 mln in January
    Photo by MacroPolis

    EconomyMacroeconomy

    euros, exceeding the target by 232 million. This was mostly driven by increased interest payments

    8%

  2. Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
    Photo by MacroPolis

    EconomyMacroeconomy

    to address the effects of the health crisis, tax revenues show an increase of 232 million euros. Tax

    8%

  3. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    losses of 232 million in Q1 2020. Pre-provision income (PPI) came to 470 million euros in H1 versus 402

    8%

  4. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    impact of 324 million). Net profits in Q2 came to 82 million versus losses of 232 million in Q1

    8%

  5. Newsletter 263 -11/09/2020

    Newsletters

    losses of 232 million in Q1 2020. The results from the National Bank of Greece (NBG) were solid despite

    8%

  6. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a loss of 407 million euros in the first quarter (Q1) as it suffered from impairments arising from Covid and loan securitisation losses. The Q1 loss comes following a 518 million-loss on the Q4 of 2020, and compares with a 232 million-euro loss in Q1 of last year. Asset quality

    8%

  7. Jan budget execution impacted by unplanned pandemic spending and snowstorm
    Photo by MacroPolis

    EconomyMacroeconomy

    in the month. Tax refunds came to 232 million euros, short by 54 million euros. Expenditure In January

    8%

  8. Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros. Income tax revenues at 1.15 billion euros were just on target. Tax refunds came to 232

    8%

  9. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros. Revenues Net revenues at 45.14 billion euros, is above the target by 232 million

    8%

  10. Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    million euros in Q1, from 232 million euros in 2024. Loans impairments stood at 24 million euros in Q1

    8%