Real-time gross settlement

The Greek budget posted a primary surplus of 3.401 billion euros in January-February 2024, provisional data showed on Friday on a modified cash basis, against a target for a primary surplus of €1.981 billion (up by over 70%) and a primary surplus of €4.215 billion for the same period in 2023. Tax revenue beat its target by 9.1%.

The state budget balance presented a surplus of 1.093 billion euros in January, compared to a target of a deficit of €82 million that has been incorporated for the same period of 2024 in the 2024 budget introductory report and a surplus of €1.48 billion for the same period of 2023, the National Economy and Finance Ministry said on Monday.

BELGRADE - In the course of 21 business days in December 2023, a total of 21.5 mln payments were processed by the National Bank of Serbia (NBS) RTGS and clearing systems, the central bank said.

It noted that the RTGS system had accounted for 20.0 mln payments, or 93 pct of the total, with the clearing system accounting for 1.5 mln payments, or 7 pct of the total.

BELGRADE - The National Bank of Serbia (NBS) RTGS and clearing systems processed a total of 18.6 mln payments in the course of 18 business days in April 2023.

According to figures released by the central bank, the RTGS system processed 16.9 mln payments, or 91.2 pct of the total, while the clearing system processed 1.6 mln payments, or 8.8 pct of the total.

A 38-year-old Athens man stands accused of breaching the social media accounts of four women and using their private chats and photographs to blackmail them.

Interbank transactions traded through the DIAS SA network marked a record high, in 2021, reaching 330 million, with an annual increase of 13%.

This is an increase that is directly linked to the much-needed shift of consumers to digital banking tools due to the pandemic.

The ECB said its target would be symmetric

The good news of a relatively small decline in state revenues, reflected on the budget data for March and April, was dampened last month by a slump of 33.5% compared to the budget target.

Greece is in second-to-last place among the 19 eurozone countries and 24th among all 28 European Union member-states in electronic payments per inhabitant, including payments with credit and debit cards and online transfers of money and e-payments of bills, according to European Central Bank data for 2018.

State budget expenditure exceeded the target in the year's first five months. This was not because spending on the Public Investments Program went according to plan - it didn't - but rather due to the government handouts.