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  1. 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 million in the previous quarter. Pre-provision income (PPI) rebounded by 12 percent quarter-on-quarter... to 41 billion and management said that deposit flow stabilised in Q2. The Common Equity Tier 1 (Tier1

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  2. Eurobank net profits at 6 mln in Q2 amid increasing securitisations
    Photo by MacroPolis

    EconomyBanking

    Eurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net profits of 19.7 million in Q1. This represents a quarter-on-quarter (QoQ) decline of 69.4 percent... ago. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 15.9 percent from 15.7 percent

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  3. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    is expected to grow by 6 pct in 2022 in real terms, up from the 4 pct expected in the previous... inflation is seen at 10 pct for 2022 and 6 pct for 2023, slowing down to 2.4 pct in 2024... of traveler origin. The economy next year is seen growing by just 1 pct, from 2.4 pct in the summer

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  4. Newsletter 52 - 20/11/2015

    Newsletters

    percent of GDP in 2015 and around 1 percent in 2016. In mid-July, the government legislated for an increase in the healthcare contribution for pensioners from 4 to 6 percent for main pensions and from 0 to 6 percent for supplementary pensions, with targeted annual revenues of 854 million or 0.5

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  5. Greece sends reform list to creditors, here's an outline of what it's likely to contain

    PoliticsGreek Politics

    by the Eurogroup last Friday. According to government sources the reform list includes: 1) All... 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 2) A large part

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  6. Newsletter 1 31/10/2014

    Newsletters

    billion euros under the baseline scenario and 4.6 billion under the adverse one. This included the 6... if the net capital increase of 1 billion is taken into account. NBG displayed the highest capital

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  7. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) edged up by 1 percent in April after upward revised growth of 10.1 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Friday... and quarrying production climbed 13.2 percent, but accounts for almost 6 percent of the total index

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  8. Could Greece's immigration reforms have an impact on upcoming elections?
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    citizenship were Albanian nationals, as were over 6 in 10 foreign nationals granted citizenship... in 2015 correspond to just 1 percent of the electorate (making the outside assumption... granted “skyrocketed” from 14,178 to 33,487. Interior Minister Alexis Haritsis responded by describing

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  9. Greek trade deficit up 6 pct in April despite growth in exports

    EconomyMacroeconomy

    Greece’s trade deficit increased for the second successive month in April, when it rose by 6... and imports by 5.9 and 6 percent respectively. In particular, exports advanced for the second... by 1.8 percent compared to a rise of 6 percent for the headline figure. It is noteworthy that in US

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  10. Welcome to the club: Greece Joins the 17+1 network

    Agora

    in 2012, the 16+1 network organizes annual Central and Eastern Europe–China Summits. In practice... in the Western Balkans.[1] Apart from China, which stands for the number one, the political and economic... infrastructure over educational initiatives to industrial park construction. The first 16+1 summit was held

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