Economy
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter.
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
The National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter.
Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
The budget primary surplus was 928 million euros above target on strong underspend, the Finance Ministry’s (MoF) final budget execution bulletin showed.
Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
Greece's travel receipts fell at a faster pace in March by 7.8 percent compared to February, Bank of Greece (BoG) figures showed on Tuesday.
Aegean Q1 results show loss of 35.8 mln
The Q1 results for Aegean Airlines show that net losses stood at 35.8 million euros for Q1 2017, worsening by 67 percent year-on-year.
Grivalia Properties net profits up by 10 pct in Q1
Grivalia Properties’ results for Q1 2017 showed that net profits rose by 10 percent from 10.6 million euros in Q1 last year to 11.7 million.
ATHEX profits fall 76.5 pct in Q1
Athens Stock Exchange (ATHEX) results for Q1 2017 showed that the group’s net profits came to 0.4 million euros versus 1.8 million euros in Q1 2016, a drop of 76.5 percent.
Current account deficit widens to 1.3 bln in March
Greece’s current account (C/A) deficit grew to 1.32 billion in March from 772.4 million a year ago, Bank of Greece (BoG) figures showed on Monday.
Labour Ministry publishes latest pension breakdown
The Labour Ministry's IDIKA bulletin showed that annual pension cost for social security funds stands at 28.11 billion, or 16 percent of GDP.
Eurobank stays profitable in Q1 with net earnings of 36.5 mln
Eurobank's Q1 results reported net profits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million.