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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomytransport (+3.4 percent) due to a rise mainly in the price of petrol and diesel, and communication...). The month-on-month drop of 1.8 percent is attributed mainly to the decrease by 25.7 percent in clothing... period, and transport (-0.9 percent) mainly due to lower flight ticket prices. Minor rises below 0.5
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomy, and resulting in almost no change overall in percentage terms. July’s headline figure was driven mainly... to 2.19 billion from 1.67 billion a year ago. The deepening of the deficit was mainly driven... in holdings of foreign bonds and T-bills. A net decrease in liabilities for the month was mainly due
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August current account shows surplus of 1.56 bln as deficit in primary income account grows
EconomyMacroeconomyheadline figure was driven mainly by a deterioration in the primary income account, BoG said, which... million from 52.4 million a year ago. The deepening of the deficit was mainly driven by the deficit... in holdings of foreign bonds and T-bills. A net decrease in liabilities for the month was mainly due
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September current account surplus at 550.8 mln as goods deficit increases
EconomyMacroeconomy. The month’s headline figure was driven mainly by a deterioration in the balance of goods. The deficit... to a surplus of 227.9 million. The deepening of the deficit was mainly driven by the deficit of the balance... of foreign bonds and T-bills. A net increase in liabilities for the month was mainly due to a 1.2 billion
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBanking. The bank said that the agreed sale price for the portfolio, which is secured mainly by property... interest income (NII) fell by 3.4 percent QoQ to 426.6 million in Q3. This mainly stems from lower... by around 6 billion euros. The reduction in Q3 was mainly achieved through deposit inflows in Greece
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October current account deficit at 871.3 mln as goods balance worsens
EconomyMacroeconomy-on-year (YoY), the deficit has grown by 82.2 million. The month’s headline figure was driven mainly... for the same period last year came to a deficit of 561.2 million. The deepening of the deficit was mainly... was mainly due to a decline of 950 million euros in non-residents' holdings of Greek government bonds
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November current account deficit at 1.41 bln as import value outstrips exports
EconomyMacroeconomy(YoY), the deficit has grown by 291.7 million. The month’s headline figure was driven mainly... of the deficit was mainly driven by the deficit of the balance of goods worsening by another 2.47 billion... decrease in external liabilities for the month was mainly due to a decline of 794 million euros in non
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingbillion euros. The reduction in 2018 was mainly achieved through deposit inflows in Greece of 3.4... inflows were mainly offset by a decrease in business and state deposits. Gross loans came to 52.5... mainly to the negative pre-tax result for the period, along with lower investment securities portfolio
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingcredit card usage mainly due to tourism, a pick-up of new loan disbursements and a higher contribution... percent, mainly stemming from provisions in the retail segment as well as individually assessed... billion euros QoQ to 4.1 billion euros. The funding is supported mainly by the increase of the bank’s ECB
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Budget primary surplus confirmed at 831 mln in Feb
EconomyMacroeconomythat the movements in expenditure against the target were mainly due to the under-execution... compared to the relevant period last year by 305 million euros. This was mainly due to lower additional... and lower social benefits by 158 million euros, mainly due to the fact that Social Solidarity Income
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