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  1. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    . The outperformance so far this year is attributed to substantial lower expenditure (by 1.94 billion) and much... refunds decreased by 12.5 percent to 1.11 billion, 71 million lower than target. Until the end of April... period. Note though that the May figure is lower than that in April (275 million) and more than half

    29%

  2. Commission sees lower Greek financing needs, provides timetable for course of programme

    EconomyProgramme

    are 19.6 billion euros lower compared to the initial assessment of 86 billion last August. This largely reflects lower bank recapitalisation needs by 19.6 billion (5.4 billion were used from the 25 billion initially envisaged). Other changes also involve lower fiscal needs by 1.4 billion due to the better

    29%

  3. Newsletter 7 - 12/12/2014

    Newsletters

    of September, that value stood at 17 billion and was still materially lower than the 22.5 billion... that cumulative collections stand at just 277 million so far. Those banks (six commercial and six

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  4. Overdue social security contributions decrease slightly to 35.11 bln in Q2
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 3.49 billion euros (10 percent of the total). The number of debtors in this bracket rose by 277... in Q2 from 312.3 million in Q1. The current quarter’s figure is 50 percent lower than

    29%

  5. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7...). On a fully loaded basis, CET1 stands at 12.6 percent, 14 bps lower compared to Q4 2019. Management

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  6. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    compared with a year earlier, followed by transfers, which were 277 million euros lower. Taxes

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  7. Bailout talks, SYRIZA bickering continue - no definite end date for either
    Photo by MacroPolis

    PoliticsGreek Politics

    on Tuesday, are taking place against a backdrop of ongoing bickering within SYRIZA despite... meant that ex-Finance Minister Yanis Varoufakis had committed treason. Panousis's superior, Interior

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  8. Greece left isolated on migrant crisis, with bailout talks finely poised

    PoliticsGreek Politics

    that this is happening against the backdrop of the bailout deliberations where, again, Greece’s... Mouzalas went into an informal meeting of European Union interior ministers on Monday on the back

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  9. Government struggles to shake off impact of wildfires

    PoliticsGreek Politics

    caused by the blaze in Evros has prompted the government to send a team of ministers, led by Interior Minister Makis Voridis, to Evros on Monday. The officials travel to the region against a backdrop

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  10. Ionian gas deal strengthens government's aspiration of becoming US energy gateway
    Image: https://flic.kr/p/nvyL2P

    PoliticsGreek Politics

    political backdrop remains fraught. While the Mitsotakis administration is keen to showcase energy... in Athens — including Energy Secretary Chris Wright, Interior Secretary Doug Burgum, and Ambassador

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