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  1. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    from 45.5 percent in the previous quarter. NPL stock declined once more by 720 million QoQ and landed at 20.7 billion. As a result, the NPL ratio fell to 35.3 percent in Q4 from 36.2 percent in Q3, with the NPL coverage ratio at 75 percent from 69.7 percent in the previous quarter. Across the year

    8%

  2. The race to reduce Greece's bad loans

    EconomyBanking

    , 1.3 billion lower than the target of 93.6 billion. NPL stock came to 63.9 billion, landing exactly... euros) and NPE sales (-3.5 billion euros). Piraeus Bank expects combined NPE and NPL stock to stand... stock at 17.8 billion, below the bank’s target of 18.1 billion. NPL stock edged down by 200 million

    8%

  3. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    euros. NPL formation dropped by 86 million in Q1, marking a fourth consecutive quarter of declines, bringing the total to 13 billion euros. The NPL ratio came to 29 percent from 33.1 percent in Q1 2018 while the NPL coverage ratio edged down to 68.2 percent. In the Greek market, the NPL ratio edged

    8%

  4. Watchdog's ruling in voter email leak prompts opposition calls for minister to resign

    PoliticsGreek Politics

    on the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed

    8%

  5. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    estimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially

    8%

  6. Greek primary surplus at 400 mln to Oct but arrears keep piling up

    EconomyMacroeconomy

    EAP terms and comparable to the government’s estimate of 812 million for the whole year 2013

    8%

  7. Budget passed but troika accord still some way off for Greece

    PoliticsGreek Politics

    . - Achievement of a general government primary surplus of 812 million (0.4 percent of GDP) in 2013

    8%

  8. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    primary surplus at general government level at 812 million, with the 11-month state budget figure

    8%

  9. Despite payment of some arrears, total reached 4.6 bln at end of 2013

    EconomyMacroeconomy

    reach 812 million. This figure is calculated by the MoF under the EAP methodology and corresponds

    8%

  10. Central gov't cash surplus rises by 53.8 pct to 603 mln in January

    EconomyMacroeconomy

    Greece’s central government net balance on a cash basis showed the surplus widening by 53.8 percent to 603 million euros in January from 392 million last year, according to the Bank of Greece (BoG). At the same time, the primary cash surplus rose to 812 million, up by 27.7 percent compared to last

    8%