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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
EconomyBankingquality The NPE ratio was 2.6 percent in H1, from 3.3 percent a year ago. The NPE coverage ratio
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Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
EconomyMacroeconomygrowing continuously since Q2 2022. On a quarterly basis, the index increased by 3.3 percent, after
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Falling property FDI raises questions about housing market after Golden Visa rush
EconomyMacroeconomywith a 3.3 pct YoY drop and remained in contraction until Q4 2017. The property index compiled
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PM hits back at labour reform critics, defends 13-hour working days
PoliticsGreek Politicsof Freedom at 7.2 pct, KKE at 6.6 pct, Voice of Reason at 4.0 pct, SYRIZA at 3.3 pct. However
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Trade deficit narrows by 13.6 pct YoY in Sep on back of oil effects
EconomyMacroeconomydeficit decreased by 3.3 percent, bringing the total to 24.41 billion euros. Imports dropped by 4.1
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Budget underspend carries on in Oct as taxes continue to outperform
EconomyMacroeconomyof roughly 3.3 billion euros. RRF-related expenditures were 3.05 billion euros in the period, above
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Fuels and food drive 0.7 pct YoY fall in Sept retail sales
EconomyMacroeconomyincreased by 3.3 percent and food sales dropped by 2.8 percent. Supermarket sales dropped by 3.4
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Quarterly unemployment eases to 8.2 pct in Q3, lowest since end-2008
EconomyMacroeconomyby 1.2 percent quarter-on-quarter and rising by 3.3 percent year-on-year. There were 2.85 million people
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Disposable income rises in Q2, saving rate stays negative at -3 pct
EconomyMacroeconomyHousehold disposable income increased by a solid 8.1 percent year-on-year (YoY) in Q2 this year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The absolute figure was 41.93 billion euros in Q2, from 38.78 billion euros a year ago. A rise of 3.3 percent was noted
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A macroeconomic assessment of the Cypriot economy after the haircut
Agorasevere and the recession shape flatter than originally anticipated. An intriguing possibility
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