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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomy, 2.47 billion lower than target, also incorporating military procurement of just 40 million compared
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Decline in retail sales accelerates to 8 pct in May
EconomyMacroeconomya precipitous fall since its peak in 2008, having lost more than 45 points, a fall in excess of 40
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HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls
EconomyBankingof 5.43 billion the two banks received. The banking index sank by another 40 percent during the first
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Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomytime since February, yet it fell by almost 40 percent from last year. Monthly revenues (before tax
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Newsletter 86 - 26/08/2016
that will stem from the existing Marinopoulos company. The plan also incorporates a haircut of 40–50 percent
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Greek stocks climb 3 pct on week, banks post double-digit gains
Economyhighest reading in two months. Overall, the average daily turnover almost doubled to 40 million this week
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New round of cuts in supplementary pensions
Economypaid to public pensioners was cut by more than 40 percent to eliminate the annual deficit
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingin the departure of around 1,000 full-time employees with the annual benefit estimated at 40 million
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingaround 40 percent of tangible equity. This is by far the lowest among its domestic peers.
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After joy of TV permit auction, Tsipras faces programme restrictions
PoliticsGreek Politicspercent should be used for reducing arrears, leaving only the remaining 40 percent at the government’s
13%