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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. 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.

    54%

  3. 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

    45%

  4. 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

    41%

  5. 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

    36%

  6. Of symmetry and adjustments in the eurozone

    Agora

    landscape: Look at the following figure, showing the evolution of net lending (a measure of change... then, the adjustment of peripheral countries has been dramatic (their net lending was virtually zero in 2012... but not negligible (1.9 percent) surplus. The eurozone today is a net saver, and therefore siphons aggregate

    28%

  7. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    and net revenues which more than offset lower expenditure. Revenues excluding tax refunds rose 6.1... sevenfold to 294 million from just 43 million last year, 195 million above target. As a result, net... 1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget

    23%

  8. 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

    19%

  9. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    . The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first... negative impact on trade deficit evolution was the higher net payments for ships’ purchases. If the latter... contributor to 4-month trade deficit was higher net payments for ships’ purchases offsetting a decline

    15%

  10. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    . National Bank of Greece (NBG) had the strongest profitability, net profits from continued operations came to 253 million euros compared to 48 million euros for H1 2018. Alpha Bank showed net profits... net results of 32 million euros in the period compared to a loss of 58 million euros for H1 last year

    14%