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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomybillion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.
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Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln
EconomyMacroeconomyThe rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday. The increase
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomy. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.
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Flashpoints fuel contest for centrist voters
PoliticsGreek Politicsactivist Zak Kostopoulos, where four police officers were acquitted of contributing to his death... Georgiadis and Interior Minister Makis Voridis transferred to New Democracy in 2012. The comments
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Newsletter 22 - 03/04/2015
, ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... Sakellaridis also played down the comments from Interior Minister Nikos Voutsis and Labour Minister
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Fresh accusations against NGOs as govt hardens stance on migration
PoliticsGreek Politicsproving that NGOs were helping to transport Somali refugees to Turkey, paying for their visas... were also shown video testimony purporting to be from Somali migrants, who said they were told
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BoG report reveals impact on banks’ capital from NPE reduction and loan sales
EconomyBankingpercent per annum from mid-2016 until the end of 2019 and a cost of risk (CoR) of 0.8 percent... scenarios assumed: a) PPI rise of 12 percent and CoR of 1.3 percent and b) PPI increase of 5.5 percent and CoR of 1.6 percent in 2016, 1.2 percent in 2017 and 0.9 percent in 2018-2019. Starting from a fully
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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingnoted. Due to this, the cost of risk (CoR) rose to 2.51 percent over gross loans in Q1 versus an average cost of risk of 1.97 percent in 2019. Excluding the impact of the coronavirus, CoR stood.... The bank has booked 120 million in Covid-19 provisions above underlying loan losses with Q1 2020 CoR
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Newsletter 310 - 01/10/2021
PoliticsFull speed ahead for warship, defence deal with FranceGreece believes that it took a significant step this week to upgrading its defence capabilities but also bolstering the country’s geopolitical standing after agreeing to purchase at least thr...
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Shortcomings in healthcare seen at forefront of austerity impact in Greece
Societycaused by its policies. This dismissal meets the criteria for denialism, which refuses to acknowledge
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