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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Newsletter 279 -13/11/2020
balance decreased slightly to 147.25 billion euros. The net lending flow was positive by 230 million compared to outflows of 247 million euros in October. The corporate lending balance's net monthly flow...), rose by 2.72 billion in November. Net deposit movements in the Greek banking system were positive
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Current account surplus at 1.57 billion in July, pushed by services balance
EconomyMacroeconomyof foreign bonds and T-Bills. A net decrease in liabilities stems largely from a fall of 4.6 billion in non... by lower net interest, dividend and profit payments and higher net receipts under other primary... account Residents’ net external assets rose by 121 million euros, while liabilities under direct
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomyof foreign bonds and T-bills. A net increase in their liabilities for the month was mainly due... an 2.1billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase in liabilities was driven... and came to 251 million euros, mainly driven by lower net services and travel receipts. Travel receipts
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March current account deficit at 955.8 mln on improvement in goods balance
EconomyMacroeconomyeuros in holdings of foreign bonds and T-bills. A net increase in their liabilities for the month... largely from an 1.9 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net... million euros, mainly driven by lower net services and travel receipts. Travel receipts rose by 28.2
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Current account balance shows surplus of 1.87 bln in August
EconomyMacroeconomyin residents' holdings of foreign bonds and T-bills. A net increase in their liabilities is due... euros, deepening from a deficit of 576.1 million euros a year ago, driven mainly by higher net... higher net payments of the other (excluding general government) sectors. Total exports in August
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Credit contraction slows to 1.3 pct in March on net additions of 307 mln
EconomyMacroeconomyof decline since July 2011. The net lending flow turned positive for the first time since December, with net additions of 307 million in March from net deductions of 101 million in the previous month. The positive flow fully reflects corporate net additions of 487 million, while household lending net
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a profit of 14 million euros compared to a net profit of 145 million in Q4 2018. The latest results reflect a fourth continuous quarter of profitability for the bank. Net results overall came
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingPiraeus Bank’s final quarter (Q4) results showed profits of 189 million euros compared to a net profit of 49 million euros in Q3 2019. The latest results mark a sixth consecutive quarter where net results have landed in profit. For 2019, net results showed a profit of 270 million euros versus net
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Parties step up battle for voters in election home stretch
PoliticsGreek Politicsagainst allowing the opposition parties into power. “I don’t know if they have an understanding, but his... the surveillance scandal and delivering justice. “I won’t rule out in advance the possibility... measures aimed at helping vulnerable citizens, such as suspending primary residence auctions
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