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  1. 2015 primary surplus exceeds target as revenues outperform and expenditure is reined in

    Economy

    year, yet they were slightly short of the 1.1 billion target. December reported revenues were 1.03... and 4.1 percent for the full year to 5.8 billion, in line with target. Overall, total expenditure

    5%

  2. Primary surplus beat target in 2015 on higher revenues and restrained spending
    Photo by MacroPolis

    Economy

    taxes of 1.07 billion, slightly short of the 1.1 billion target. For the whole year, revenues slipped..., in line with target. Overall, total expenditure remained almost stable (+0.2 percent) to 48.55

    5%

  3. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    of the Asset Quality Review (AQR), 1.1 billion is non-AQR related and reflects the loan quality deterioration... to 4.9 billion in December from 2.8 billion in September. From a total ELA collateral pool of 24.6

    5%

  4. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    remains the biggest contributor to GDP accounting, making up just over 69 percent of the total figure... percent more than offset by a drop in imports of goods by 1.1 percent. On the flipside, imports

    5%

  5. Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in those from France and Germany by 1.1 and 0.4 percent respectively. The latest volume figures.... According to the annual economic report of the World Travel and Tourism Council (WTTC), the total

    5%

  6. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    expenditure slipped 1.1 percent to 15.49 billion, 2.06 billion better than target. It is worth..., in line with target. Overall, total expenditure eased by 0.8 percent to 18.91 billion, 2.37 billion

    5%

  7. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    figure for the 6-month period now points to a rise by 3 percent compared to a drop of 1.1 percent... almost right on target. Following the double digit growth in primary expenditure in June, total

    5%

  8. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    percent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net sea transport receipts. In addition, travel receipts fell 10.4 percent to 1.1 billion in May despite

    5%

  9. After calm summer, hectic September lies ahead for Greek government

    EconomyProgramme

    the 10.3 billion in total initially approved after the completion of the first programme review. From the additional disbursement, 1.1 billion is due to be used for debt servicing needs, while 1.7

    5%

  10. Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    (by 730 million). The monthly balance reached 1.1 billion, exceeding the 1-billion-euro mark for the first... billion. Overall, total expenditure increased by 2.3 percent to 27.12 billion in the 7-month period, 2.4

    5%