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Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingformation remained flat. In contrast, NPL formation stayed positive but substantially reduced, standing... expenses remained more or less flat at 223.2 million. On an aggregate basis, the figure fell by 2
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingremained flat, reversing the Q1 trend of contracting. The loan to deposit ratio in Greece fell to 119... stood at 18.3 percent, remaining flat QoQ. This stemmed from profit in the previous period carrying over
6% -
Newsletter 227 -08/11/2019
is the introduction of a flat tax aimed at convincing wealthy individuals to move their tax domicile. The non-dom scheme will offer anyone who declares their global income in Greece a flat tax of 100,000 euros
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Marginal deposits outflow of 212 million euros in August
EconomyMacroeconomybillion in August almost flat mom. It is also worth noting that total deposits – including euro
5% -
2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyin 2014 from -7.0 percent in 2013). Note that nominal GDP is anticipated to remain almost flat yoy
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Greece's building activity continues its nosedive in July
EconomyMacroeconomyGreek building activity (measured by the number of building permits) dropped 24.0 percent in July with the respective surface figure easing 8.6 percent, while volume remained flat year on year, according to the Hellenic Statistical Authority (ELSTAT). Moving to the aggregate figures, which strip
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Drop in Greek CPI decelerated to 1.1 pct in September
EconomyMacroeconomyand 3.5 percent respectively, while clothing and footwear prices remained almost flat year on year
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For Stournaras, it's out of the frying pan and into the heating oil
PoliticsGreek Politicsflat rate corporate tax in Greece. This formed the basis of his economic plan before he was elected
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Unemployment creeps up to 27.6 pct in July; little tourism boost evident
EconomyMacroeconomyfrom ELSTAT, even in non-seasonally adjusted terms the rate of unemployment remained flat
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Greece goes deeper into deflation territory
EconomyMacroeconomy(+2.6 percent), most likely due to end of the sales period, while remained almost flat in October
5%