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  1. Poll spells worse trouble for PM than concerns of party turmoil

    PoliticsGreek Politics

    of the agreement with the creditors, meaning that he will exclusively bear the political cost... because “he is afraid of the political cost and wants to remain in power.” Just 18 percent said

    4%
  2. Eurobank stays profitable in Q1 with net earnings of 36.5 mln
    Photo by MacroPolis

    EconomyBanking

    losses rose by 1 percent QoQ and 7.5 percent year-on-year to 188.2 million, corresponding to a cost... quarters. The cost of risk is seen between 150 – 200 bps in 2017 and at around 100 bps in the coming

    4%
  3. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    of a voluntary retirement scheme in Q4 2016. As a result, cost-to-core income notably improved to 48... increased by 8 percent QoQ to 235 million, with the cost of risk rising to 267 bps from 246 bps in Q4

    4%
  4. NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
    Photo by MacroPolis

    EconomyBanking

    -on-year in Greece and by 8 percent for the group. Cost containment largely reflects the continuing... million euros, corresponding to a cost of risk (provisions over net loans) of 196 bps versus 243 bps in Q2

    4%
  5. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    to the positive effects of the going improvement of the funding cost being offset by the asset deleveraging... million. As a result, the cost of risk came to 4.9 percent. Management noted that IFRS9 adjustment

    4%
  6. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    losses fell by 18.3 percent QoQ to 243.7 million euros, corresponding to a cost of risk (provisions..., impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from

    4%
  7. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    , digitalisation initiatives, lower advertising expenses and overall cost cutting efforts. In the conference... billion euros versus 933 million in 2016, with the Greek cost of risk for 2017 coming to 464 bps over

    4%
  8. Greek families shell out for education as state system falls short
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    the cost of having a child enrolled in an out-of-town college or university, at 554.7 million... attend either a cram school or take additional private lessons at home. In addition to the high cost

    4%
  9. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    , corresponding to a cost of risk (provisions over net loans) of 156 bps versus 249 bps in Q4. Management noted that the cost of risk is expected to remain around these levels for the course of 2018

    4%
  10. The tie that binds
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    adopted in the first half of 2015, at great cost. Perhaps the most vexing part of Friday’s tie.... The fact that these goals were only achieved after the coalition completed a third programme, cost

    4%