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Budget primary shows deficit of 7.01 bln in September

Mon, 26 Oct 2020 11:18:00 GMT

The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln

Fri, 06 Nov 2020 11:23:00 GMT

Greece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came

Budget primary shows deficit of 7.01 bln as revenues suffer in September

Thu, 15 Oct 2020 10:19:00 GMT

The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its

Eurobank first to tackle NPL reduction via APS

Wed, 13 Nov 2019 12:08:00 GMT

stock declined by roughly 2.2 billion euros QoQ and came to 14.3 billion euros. The Cairo... the bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... on the website euro2day.gr on Tuesday afternoon, the doValue-Fortress bid was considered a stronger bid

GDP shows annual growth of 2.2 pct in Q3

Tue, 04 Dec 2018 12:22:00 GMT

quarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018

Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

Wed, 14 Nov 2018 12:58:00 GMT

quarter, the figure came to 17.8 billion, leaving 2.2 billion to reduce by year end. Alpha Bank Towards... billion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along

Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

Tue, 21 Dec 2021 09:17:00 GMT

billion euros gross book value, and the sale of Sky portfolio of Cypriot NPEs worth 2.2 billion euros... on Cosmos on October 22 and NBG was in definitive agreement with Bain Capital, Fortress and DoValue

Consumer prices drop further by 2.2 pct in June

Thu, 09 Jul 2015 14:00:00 GMT

The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices

CPI falls by another 2.2 pct in July as VAT rises yet to be recorded

Fri, 07 Aug 2015 11:24:00 GMT

The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent