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  1. Newsletter 229 -22/11/2019

    Newsletters

    GFN-to-GDP threshold, set by the Eurogroup at 20 percent, in fact staying below 15 percent of GDP

    14%

  2. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank’s third quarter (Q3) figures revealed net results from continued operations showing a profit of 44 million euros compared to a net profit of 20 million in Q2 2019. This marks a fifth consecutive quarter where net results have landed on a profit rather than loss. Net results overall

    14%

  3. Greek pupils score below average in international rankings as long-term problems persist
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    . As with the 2015 survey, two out of 10 Greek students, or almost 20 percent, could not solve even basic

    14%

  4. Mistaking tolerance for a free rein
    Photo by MacroPolis

    Agora

    to the latest Eurobarometer, whereas trust in the Greek government and Parliament ranges between 20

    14%

  5. GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    around 20 percent of the total. In the final budget for 2020 submitted to Parliament, the Ministry

    14%

  6. APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs

    EconomyBanking

    targets, which sees their fees payments held back if collections miss their target by 20 percent

    14%

  7. Turnover in services improves strongly in Q3 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in advertising and market research (-31.3 percent), followed by publishing activities (-20 percent

    14%

  8. Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    billion. The aggregate services surplus rose impressively to nearly 20 billion, from 18.15 billion a year

    14%

  9. BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
    Photo by MacroPolis

    Economy

    Hercules, is expected to help banks to bring their NPE target below 20 percent by the end of 2021. Yields

    14%

  10. Budget primary surplus confirmed at 6.95 bln in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros (-2.1 percent), personal income tax by 32 million euros (-0.3 percent) and VAT on fuel by 20

    14%