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  1. Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.

    100%

  2. Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

    EconomyMacroeconomy

    The 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

    54%

  3. Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
    Finance Ministry

    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.

    50%

  4. Tax wedge for single, married Greeks well above OECD average

    EconomyMacroeconomy

    the 34 OECD countries with the tax wedge for an average single worker at 40.4 percent. This is more than... that for a single worker, which is attributed to the child-related benefits and tax provisions. In contrast, the tax wedge for a family with children in Greece stands 3 pp above that for the single worker

    42%

  5. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12... and liquidations (4.5 billion). Selected sales are seen at 2 billion. P&L Net interest income (NII... The bank also presented its 2020 agenda, envisaging an improvement in the net interest margin from 270

    37%

  6. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations...-on-quarter (QoQ), this represents a decline of 7 percent. For the first half (H1) of the year, net... quarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million

    33%

  7. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow turned negative for the first time since February with net deductions standing at 395 million... January, when net deductions reached 885 million. The negative flow in May reflects net deductions

    28%

  8. Newsletter 104 - 27/01/2017

    Newsletters

    No clarity after Eurogroup Tsipras vows not to legislate 'a single euro' in extra measures The much... would not legislate “a single euro” in extra measures. He also claimed legislating contingency...) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter

    24%

  9. Eurobank net profits from continued operations fall by 12.2 pct in 2018
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank recorded net profits of 29 million euros in the fourth quarter (Q4) of 2018 from 58.8.... The figure for net profits reflects results before discontinued operations and restructuring costs. For the whole year, net profits before discontinued operations and restructuring costs came to 200.5

    21%

  10. Unemployment rate remains in single-digit territory for Nov, at 9.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Despite minor fluctuations in recent months, the current single-digits rate is Greece’s lowest since

    20%