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HELEX H1 2016 results show continuing drop in profits
Economythat the net profits of the group came to 3.2 million euros compared to 5.4 million euros in H1 2016... half results could be gauged from the group’s Q1 2016 results, where net profits fell by 54 percent, fuelled by Greece’s rocky economic outlook. Annual results for 2015 showed a fall in net
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingNational Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2... and capital. Excluding this extraordinary item, net losses stood at 26 million in Q2 from profits of 26... million, mainly reflecting lower costs related to pillar II bonds. Net interest income (NII) edged up 1
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Greek stocks drop 1.5 pct during week, banks post losses of 7.7 pct
Economyon the sidelines. Corporate news Piraeus Port Authority (OLP) posted net profits of 1.6 million... Power Company (PPC) net profits fell to 57.1 million in H1 from 105.6 million last year, with turnover... (EYDAP) said H1 net profits edged up 1.5 percent to 17.3 million reflecting a rise in turnover by 1.8
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Greek stocks climb 5 pct on week led by double-digit bank gains
Economyin the scheduled semi-annual index review. Corporate news Grivalia Properties’ net profits tumbled 62... that showed net profits improved to 31 million from 20 million in the previous quarter. The bank also... displayed an increase in its net profits to 85 million in Q3 from 46.2 million in Q2, while updated
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Greek stocks rise for third consecutive week as trading increases
Economylevel since the last week of June, from 50 million in the previous week. Corporate news OPAP’s net... showed net profits more than doubling to 76.1 million in Q3, while gross profits also notable improved..., while EBITDA fell to 113.7 million from 125.7 million a year ago. NBG turned profitable in Q3 with net
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Greek stocks fall 1.5 pct on week, banks edge up 0.6 pct
Economynet profits to 1.9 million from 5.6 million a year ago on the back of a 10.8 percent decline in its turnover to 20.6 million, while EBITDA fell by 16.6 percent to 7 million. Folli-Follie’s net profits... in the third-quarter (Q3) with net profits of 41.1 million from losses of 16.8 million in Q2
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OECD outlines five priorities for Greek reform agenda in 2017
Economyand households. For Greece, the OECD identified five priorities related to the social safety net, network... of the social safety net, with the aim of reducing poverty and inequality. The OECD recommends the full...-search, training policies and the social safety net. Following the unbundling of the electricity
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Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise
EconomyMarfin Investment Group reported net losses of 84.8 million in 2016 from 113.1 million a year ago... 2.6 percent to 150.6 million. GEK Terna turned profitable in 2016 with net profits of 45.8 million... percent in its 2016 net profits to 21.4 million, on the back of a double-digit rise in turnover by 13.6
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Newsletter 118 - 12/05/2017
remained positive in April with net hirings increasing to 92,132 from 90,631 last year, data from... to net hirings were accommodation (+45,763), mostly due to the Easter period, followed by food services... point to net hirings of 125,770, up by around 1,000 from last year’s figure of 124,465. This year’s
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBankingAlpha Bank’s reported net profit stood at 1 million in the second quarter (Q2) of 2017 including... in Serbia. Taking into account the profits of 48 million recorded in Q1, the bank posted net profits...) rebounded 4 percent quarter on quarter (QoQ) to 317 million, largely due to an improvement in both net
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