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  1. Newsletter 190 -18/01/2018

    Newsletters

    billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros

    10%
  2. Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 44.20 billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros

    10%
  3. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    Budget. The state paid 611 million euros in compensation to lessors due to decreased rents; 155

    10%
  4. Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    611 million euros in compensation to lessors due to decreased rents; 155 million euros for the grant

    10%
  5. Credit growth stable at 0.9 pct in Oct, led by lending to corporates
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    by 148 million, following positive by 611 million euros in the previous month, taking the balance

    10%
  6. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717

    10%
  7. Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in Attica (611), in line with the historical trend, and the smallest number of permits were issued

    10%
  8. Territorial waters, hydrocarbon research cause friction between Athens and Ankara
    Photo via www.nato.int

    PoliticsForeign Policy

    to try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements

    9%
  9. Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
    Photo via NATO: https://flic.kr/p/23BLDJT

    PoliticsGreek Politics

    with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had

    9%
  10. Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
    www.mfa.gr

    PoliticsForeign Policy

    on the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya

    9%