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  1. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank’s reported net profit stood at 1 million in the second quarter (Q2) of 2017 including profits of 71 million from continued operations offset by losses of 68.5 million from discontinued... quality The non-performing exposure (NPE) stock in Greece fell for the second quarter in a row by 505

    17%

  2. Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Greek banks succeeded in meeting their non-performing exposure (NPE) reduction target in the second quarter (Q2) of 2017 according to the fourth quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) on Wednesday afternoon. However, BoG points out that for a second

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  3. Wages index improves 0.5 pct in Q2, rises 1.8 percent QoQ
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rebounded for the seventh successive quarter by 0.5 percent year on year (YoY) in the second quarter (Q2) of 2017 after edging up by 1 percent in the previous... (NSA) wages index also grew by 0.6 percent in Q2, staying positive for a second month after Q1’s

    17%

  4. Building activity rises by 9 pct in June, permits above 1,000 for fourth month

    EconomyMacroeconomy

    activity remained positive for a second month in a row. The absolute figure of permits totalled 1,178... that apartment prices dropped by 1.2 percent year-on-year in the second quarter of 2017 following a revised

    17%

  5. Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    related to the conclusion of the second programme review. The lower dependence on ELA funding in August... for August is the second time since January 2015 that the figure has fallen under the 40-billion

    17%

  6. Newsletter 132

    Newsletters

    to the reorganisation of the government and senior public administration. The second draft law would..., also reflecting weak performance in the second half of 2016. The strong performance in July originates

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  7. Athens braces for review headwinds due to IMF demands, Berlin changes
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    trend since the completion of the second review of the Greek programme in June, could be put at risk... to Greece in the second half of October.

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  8. Deposit inflows rise to 1.41 bln in August, highest for 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on depositor sentiment from the conclusion of the second programme review in June, after which deposit... in the previous month. On a year-to-date basis, flows stayed positive for a second month to total 1.92 billion

    17%

  9. Newsletter 133

    Newsletters

    impact on depositor sentiment from the conclusion of the second programme review in June, after which deposit inflows rose. On a year-to-date basis, flows stayed positive for a second month to total 1.92

    17%

  10. Newsletter 134

    Newsletters

    . The second pillar of the post-programme strategy is the decision of the June 15 Eurogroup, which the Greek... years. However, stocks of finished goods fell for the second month in a row as firms met new orders

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