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General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
EconomyMacroeconomycategory, with a strong primary cash balance of 2.05 billion euros compared to 1.53 billion in 2016.... A 24.9 percent fall in transfers was the main factor behind the decline, as this category went from... by 1.16 billion euros and stood at 79.41 billion euros. This was driven by a combination of a fall
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingpercent following an aggregate impact of +212 bps driven mainly by strong PPI generation, while under... were strong despite the challenge of reduced NII and higher costs of risk charges. He noted... was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economya strong rebound of 7.9 pct in 2021. The Commission notes that Greece’s large dependency on the hospitality... by 15.8 pct in 2021. The lockdown and the fall in disposable income coupled with the fact large parts... a strong recovery of 33 pct and 35.2 pct on equipment spending. The authorities through the Hellenic
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBanking. The bank noted that the results reflected strong trading and other income which stood at 775 million euros... (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7... fee and commission income came to 63 million in Q1, up by 13.3 percent YoY, reflecting strong growth
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First challenges for tourism plan, as public relaxes approach to virus
PoliticsGreek Politics, such as the Scandinavian countries, have issued strong guidance against travel to southern Europe this summer...-risk by the EU’s Aviation Safety Agency EASA, and would be under constant review. Theoharis stressed... and safety criteria”, adding, “the EASA list is our guide”. Currently, all arriving international
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policyand Bulgaria. It has also received strong support from Washington. Its completion has been a matter... in the region. Turkey wants to make sure that Greek complaints to Washington fall on deaf ears because... to the barrage of airspace violations by Turkish fighter jets, Greece issued two strong verbal notes
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesit arrives. A strong element of “pipeline diplomacy” is also evident in some of the other proposed projects... landscape in southeast Europe is likely to remain strong enough to see the first wave of projects completed in the early 2020s. At such a point, Greece would meet the physical requirements to be a strong
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Newsletter 253 -05/06/2020
final consumption expenditure to fall by 0.4 percent QoQ and to increase by a slight 0.1 percent YoY... by the EU’s Aviation Safety Agency EASA, and would be under constant review. Theoharis stressed... and safety criteria”, adding, “the EASA list is our guide”. One of the practical challenges of opening
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Newsletter 277 -11/12/2020
) with an annual fall of 880 million euros, bringing the total figure to a surplus of 171 million euros... with an increase of 42 million euros YoY. Overall, the state budget primary balance showed a fall of 14.71 billion... 40.12 billion a year ago. The next largest fall was in sales of non-financial assets with a decline
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Newsletter 190 -18/01/2018
the name of North Macedonia provoked a strong reaction from Moscow on Monday. Russia's Foreign Ministry... represents a fall of 74.8 percent compared to 2014, when the amount of tax refunds totalled 3.10 billion... billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros
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