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  1. The race to reduce Greece's bad loans

    EconomyBanking

    on target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate

    11%

  2. Travel balance down by 29 pct in April as receipts slump
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to roughly 1.1 million. The average expenditure per trip also fell by 7.3 percent to 418.30 euros... to 891,100. Arrivals from outside the EU rose by 7.3 percent to 1.1 million. The aggregate breakdown

    11%

  3. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    billion, landing exactly on target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During

    11%

  4. Retail index jumps 5.3 pct in May led by fuel and supermarket sale
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    goods (-1.1 percent) The annual volume rise was led by a 7.6 percent increase in supermarkets... percent. The seasonally adjusted (SA) retail sales index in May rose by 1.1 percent month-on-month to 74.2

    11%

  5. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 1.6 million, while non-European visitors fell by 5.7 percent to 1.1 million. The aggregate... in the first six months of the year to 1.1 million. Arrivals from Russia fell by 18.7 percent, and US visitors

    11%

  6. In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    of Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1... last October, when it expected a total deficit of -1.7 percent of GDP for 2017, a deficit of -1.1

    11%

  7. August current account shows surplus of 1.56 bln as deficit in primary income account grows
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    worsened very slightly by 18.3 million or 1.1 percent. This was driven by imports rising faster than... from a 1.1 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase

    11%

  8. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    and unsecured consumer loans for a total outstanding principal of 1.1 billion. Of the total.... The total collateral is valued by NBG at 1.1 billion euros, of which 650 million concerns commercial

    11%

  9. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. Private consumption is forecasted to rise by 1.1 percent and exports growth to slow to 5.8... by 298 million euros to 16.8 billion. Expenditure will stay broadly stable, up by 1.1 percent

    11%

  10. Newsletter 193 -08/02/2018

    Newsletters

    increase comes to 1.1 percent on increased import activity across year The absolute figures... showed a rise of 1.1 percent in the trade deficit, bringing the total shortfall to 21.47 billion

    11%