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  1. NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
    Photo by MacroPolis

    EconomyBanking

    in Q3 stems from write-offs and negative NPE formation of 119 million euros. The fall originates from... other negative developments. Balance Sheet Eurosystem funding stood at 6 billion in Q3 from 8.4 billion... (ELA) funding from 3.8 billion in June to 2.3 billion in September. At 1 billion euros in October, NBG

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  2. NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
    Photo by MacroPolis

    EconomyBanking

    that this marked fall was due 1.2 billion euros in non-organic actions from the sale of a corporate... to date, loan impairments amounted to 223 million (CoR at 105bps). Eurosystem funding remained at 2.3... Assistance. The total amount currently consists of TLTRO funding from the ECB, with the Bank enjoying

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  3. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    consecutive fall in as many quarters. In the consumer loans sector, NPE formation stood at -9 million... quarter. Balance Sheet Eurosystem funding declined by 2 billion euros QoQ to 5.1 billion in June.... Emergency Liquidity Assistance (ELA) funding in particular fell to 3.8 billion in June from 5.7

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  4. Significant fall in migrant arrivals but camp conditions a growing concern

    PoliticsGreek Politics

    are finding it increasingly difficult to induce migrants to cross from Turkey to Greece.” Greece’s concern

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  5. Newsletter 177 -05/10/2018

    Newsletters

    finances and the fact that the 2017 primary surplus target was beaten, a performance... targets to SSM amid jitters Primary cash surplus at 3.51 bln in August, arrears fall The coalition... also need to fall into place. These include an improvement in the economy in order to avoid

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  6. Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
    Photo by MacroPolis

    EconomyMacroeconomy

    (ECB) funding, along with a fall of 1 million euros in Emergency Liquidity Assistance (ELA). ECB... so far, Eurosystem funding has declined by 3 billion euros, reflecting a fall of 2.06 billion euros... of this fall (107.24 billion) originated from a lower reliance on ELA funding. The decline in central bank

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  7. Boosted by polls, PM uses Iran war to reassert control, shut down election and reshuffle talk
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    who fall into a “grey zone” of unclear party preference also agree with the government’s foreign..., SYRIZA at 5 pct, and Voice of Reason at 3 pct. The most consequential finding, however, may lie... - that appears to be the governing party. The Pulse findings mirror the themes Mitsotakis emphasised in his

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  8. Samaras shoots, Samaras scores!
    Photo by MacroPolis

    Agora

    “Samaras rescues Greece” – it’s the headline the prime minister and many in his office would have cherished. But Giorgos Samaras, the striker without a club, has beaten premier Antonis to the title... that also saw them through the game with Ivory Coast. At a time when Greek society is so deeply divided

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  9. ND on spot over police raid but opinion poll ratings provide comfort
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that they were beaten and arrested for supposedly impeding the police’s work after refusing to give access... rise for SYRIZA, which saw its backing rise to 25 pct. There was hardly any movement among

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  10. Second round of local elections deliver worrying results for PM, glimmer of hope for opposition

    PoliticsGreek Politics

    . However, he was soundly beaten by Dimitris Kouretas, a candidate put forward by centre-left PASOK... on social media. It should also be noted that the Communist Party (KKE) saw its candidates win six

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