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  1. Net job hirings in private sector reach record high of 90,631 in April

    EconomyMacroeconomy

    The employment balance showed net hirings of 90,631 in April 2016, up by 10,408 compared... positive contributors to net hirings in April relate to accommodation (+46,086), food and catering services (+18,891) and retail trade (+8,484). In terms of professions, the highest net hirings

    21%
  2. Record job departures in Oct but highest 10-month net hirings since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance turned negative again in October with net departures notably increasing... groups, where net departures reached 30,222 and 29,208 respectively. Similarly to the trend in September, the largest contributor to October net hirings was education (+21,159) due to the beginning

    21%
  3. Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed negative in November 2016 with net departures rising to 37,667 from... old groups, where net departures stood at around 17,000 and 16,500 respectively. The biggest contributor to November net hirings was education, which added 7,054 jobs. In contrast, the highest net

    21%
  4. Net job hirings slow to 7,242 in July, lowest since January
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    The employment balance remained in positive territory in July, although net hirings dropped... revealed on Monday. The July figure represents the sixth consecutive month of positive net growth... categories except for 15-24 year-olds, where net hirings rose by 21,800. The decline

    21%
  5. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net loss of 60 million euros in the fourth quarter (Q4...-year bottom-line results coming to a net loss of 163 million euros for 2017 compared to a loss... formation of 25 million euros in mortgages. Since the end of 2015, NBG has achieved a net NPE

    21%
  6. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a loss of 80 million euros compared to a net profit of 12 million in Q4 2017. Results for operations in Greece reflected net profits of 32 million euros, excluding one-time employee costs. Pre-provision

    21%
  7. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    Eurobank recorded net profits of 1.1 million euros in the second quarter (Q2) of 2018 compared to profits of 34.5 million in the previous quarter. Net results before discontinued operations... in Q1. On an aggregate basis, in the first half (H1) of the year, net profits came to 35.7 million

    21%
  8. NBG remains profitable in Q2 with net results of 21 mln
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 21 million euros from continued operations in the second quarter (Q2), very slightly improving on net profits of 20 million in Q1. Factoring... of 24 million in Q1. On an aggregate basis, net profits from continued operations in the first half (H1

    21%
  9. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank recorded net profits of 45.1 million euros in the third quarter (Q3) of 2018 compared... acted as a key driver for the improved performance. Net results before discontinued operations... percent. On an aggregate basis, in the first nine months (9M) of the year, net profits came to 80.8

    21%
  10. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    The results for the first nine months (9M) of the year showed a net profit of 40 million euros from a net loss of 15 million noted during the same period last year. Pre-provision income (PPI... declining by 39 percent to 513 million euros. Net interest income (NII) edged down slightly by 1 percent

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