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  1. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    for funding. Operating expenses fell 7 percent QoQ and 2.2 percent year on year (YoY) to 309 million

    2%

  2. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    Alpha was the last of the four core Greek banks that released its first quarter (Q1) results this week, showing a marginally negative bottom line of 2.2 million euros from 115.8 million in the corresponding period last year. Core pre-provision income (PPI) significantly improved quarter on quarter

    2%

  3. Trade deficit soars 21 pct in April for highest rise since Dec 2014
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    surged 57.7 percent with the corresponding imports and exports up by 26.5 and 2.2 percent

    2%

  4. Unemployment rate eases to 24.1 pct in March, lowest in four years
    Photo by MacroPolis

    EconomyMacroeconomy

    rate among men fell by 2.2 percentage points (pp) from last year to 20.4 percent, while that of women

    2%

  5. Greek economy braced for impact from Brexit, hopes effect will be limited

    Economy

    with the total export figure for 2015 reaching 2.2 billion pounds, of which 0.9 billion related to goods and 1.3

    2%

  6. ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis

    Economy

    in 2010-2014, 2.2 times higher than the respective figure in 2004-2009. Moreover, the average

    2%

  7. CPI tumbles by 1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    and non-alcoholic beverages by 2.2 percent. Compared to the previous month, CPI declined by 1.6

    2%

  8. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    of 2.2 billion euros in June mainly due to the sale of NBG’s stake in Finansbank. For the 6-month

    2%

  9. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    by the United Kingdom where receipts increased by 2.2 percent to 648 million. Receipts from the main countries

    2%

  10. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    in Q2 from 2.2 million in Q1, while core pre-provision income (PPI) slipped 0.5 percent quarter

    2%