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  1. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent, the highest level for the year so far, after falling by 7 percent in June and landed at 3.85...-month period showed that primary expenditure declined by 2 percent to 23.18 billion euros

    12%

  2. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The deficit in local government eased to 2 million euros, improving on the previous month’s deficit... (-7 million), hospitals (-4 million) and local governments (-1 million). From the beginning

    12%

  3. EC upbeat on reforms paying off, as long as they continue
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    the International Monetary Fund’s participation, a post-programme fiscal package amounting to 2 percent of GDP... to up to 750,000 people, 7 percent of the Greek population. It costs 750 million euros annually

    12%

  4. Newsletter 149 -2/02/2018

    Newsletters

    and mostly driven by a QoQ rise in revenues in Q3. 2 Overdue tax obligations rise to 101.86 bln in Dec... debt now stands at 12.93 billion euros. This represents a decline of 7 percent against the figure

    12%

  5. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    . This will be achieved through a combination of restructurings, curings, liquidations and collections (-7 billion euros... or into early 2019, a collateralised portfolio of NPLs from small and medium sized businesses worth 2

    12%

  6. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    , also staying negative for a sixth quarter. An increase in NPE formation of 7 million euros was noted... and medium sized businesses worth 2 billion euros is also on track for sale. P&L NII fell by 4.8

    12%

  7. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    segment increased by 16 million euros, and declined by 2 million euros in the wholesale segment. Within... was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB

    12%

  8. Economic sentiment reaches 105.3 in July, highest since June 2014
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    . Industry confidence rose by 7 points month-on-month to 5.4, turning positive again after four months..., the construction indicator rose by 2 points to -45.8 points in July. The improvement since the start

    12%

  9. General govt primary cash surplus at 1.45 bln in June as expenditure picks up
    Photo by MacroPolis

    EconomyMacroeconomy

    euros, or 2 percent, in the aggregate period up to June to come to 36.66 billion. This was driven... also fell by 95 million to 23.45 billion, making up just under 7 percent of the total. In the year

    12%

  10. The legal framework and latest developments in international investment arbitration
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Legal

    of its accession to the European Union, recourse to an arbitral tribunal provided for in Article 8 (2... award was delivered on 7 December 2012 and ordered the Slovak Republic to pay Achmea damages

    12%