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  1. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    ). The coverage for stage 2 loans increased by 620 bps to 10.7 percent in Q4, while that for stage 3 loans (NPE

    9%
  2. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    declined by around 3 billion euros. Broken down by segment, gross NPL formation in Greece showed

    9%
  3. New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. The amount for the single property tax (ENFIA) due came to 622.5 million, declining by just 3

    9%
  4. Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
    Image via www.titan.gr

    EconomyMacroeconomy

    confidence improved by 3 points month-on-month to 4.2, staying positive for a second month. The last time

    9%
  5. January current account deficit at 585.8 mln as goods balance worsens
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    . This was mainly caused by lower net services and travel receipts. Travel receipts fell by 3 percent to 153.1

    9%
  6. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday. Receipts came to 153.1 million euros for the month, down by 3 percent, while payments also fell by 3.6 percent to 139.3 million

    9%
  7. Tsipras suffers setbacks in bid to build momentum ahead of MoU exit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    SYRIZA but leaving the conservatives 3 seats short of a parliamentary majority. As with other polls

    9%
  8. Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
    Photo by Panagiotis Tzamaros

    Society

    . The European Union is set to release a second 3 billion euro tranche to Turkey as part of the EU-Turkey..., leaving thousands of refugees, who were en-route to join family members elsewhere in Europe, trapped

    9%
  9. HCAP and Finance Ministry reveal five-year strategic plan for public assets

    EconomyFeatures

    estate portfolio, containing approximately 72,000 properties covering around 3 million acres, which

    9%
  10. Industrial production falls by 2 pct in February
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    published by the European Commission showed that in the year to date, industry confidence improved by 3

    9%