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Central gov't cash surplus rises by 53.8 pct to 603 mln in January
EconomyMacroeconomy). At the same time, the primary cash surplus rose to 812 million, up by 27.7 percent compared to last year’s figure of 636 million. Both figures are in line with the preliminary January budget execution... from a) The inclusion of 2.03 billion euros of SMP income in the budget execution, which was excluded
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomydriven by the high surpluses posted in the state budget (1.75 billion) and social security funds - SSFs... showed mixed trends. In particular, the primary cash surplus of the state budget continued... deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingof non-performing loans (NPLs) came to 16.5 billion euros in Q2, increasing by 100 million QoQ... of risk (provisions over gross loans) of 232 bps from 238 bps in the previous quarter. The losses... reliance at 3.1 billion euros. As at the end of August, ECB funding reliance was down by around 100 million
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingbillion euros. Exits came to around 640 million and write-offs to 100 million. This was offset..., with the NPE cash coverage ratio standing at 47 percent, and total NPE coverage at over 100 percent... in Q3, corresponding to a cost of risk (provisions over gross loans) of 217 bps from 232 bps
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Newsletter 240 -21/02/2020
number of new joiners in what was originally touted as a transformative exercise. Budget primary balance at 498 mln in Jan Current account deficit more than halves to 2.57 bln in 2019 The budget primary... target by 771 million euros, the Finance Ministry (MoF) final budget execution bulletin showed
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Significant underspend pushes 8M primary balance to 7.57 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 7.57 billion euros by August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. During the eight..., excluding interest payments and the public investment budget, came to 31.99 billion euros. Net revenues
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Newsletter 104 - 27/01/2017
Greek debt. Short-term debt relief measures approved Finance ministry confirms primary budget...) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.... The budget primary surplus was 4.44 billion in 2016, almost double the previous year’s figure, while
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Newsletter 226 -01/11/2019
, compared to 3.38 percent six months ago. In the draft budget tabled in Parliament earlier this month... to 'BB-' September budget primary surplus confirmed at 4.47 billion S&P raised on Friday its credit... than 20 percent of total debt, or less than 40 percent of GDP. The budget primary balance recorded
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomy, from 100 million in February, chiefly due to an inflow of 200 million from the participation... the YtD amount to 310 million. The February outflow stemmed from a rise in resident’s investment
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomyThe increase in unpaid social security contributions (SSCs) accelerated quarter on quarter (QoQ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter...) that provided for the payment of overdue SSCs in up to 100 installments. Collection The SSC
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