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  1. Net interest income and fees push Piraeus Bank profits to 617 mln in H1

    EconomyBanking

    the liquidity coverage ratio stood at 207 percent. Asset quality The NPE ratio was 2.2 percent in H1, from

    3%
  2. Greece extends debt prepayment strategy with first repayment of EFSF loans
    Photo by MacroPolis

    EconomyMacroeconomy

    and 2.2 billion of a bond held by Greek banks that matures next year. The EFSF amount covers

    3%
  3. Mitsotakis heads to TIF amid low expectations as ELAS elaborates on proposals
    Image: New Democracy

    PoliticsGreek Politics

    % and the Communist Party (KKE) at 6.3%. SYRIZA continues to languish at 2.2%, while undecided voters

    3%
  4. GDP grows by just 0.3% QoQ in Q2, eases to 1.9% YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    in Q2 were led by a rise of 0.2 percent QoQ in final consumption. Investments increased by 2.2 percent

    3%
  5. Economy holds steady in Q2 but autumn set to pose more and tougher tests
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    increased by 0.9%, investments by 2.2%, exports by 0.5% and imports by 0.6%. To reach the Finance

    3%
  6. Local elections in Greece a precursor of European vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    and a strong showing from him will boost the Neofascists ahead of the European vote. Election rules means... Piraeus, where its candidate Vassilis Michaloliakos is facing a strong challenge from Yiannis Moralis... a strong presence in local politics so to have a candidate - and a young woman at that - in the second

    3%
  7. Increase in car sales accelerates to 44.3 pct in September

    EconomyMacroeconomy

    the May to July readings, which exceeded the 10,000 mark. Following the strong performance... recorded in 2008. Market sources indicate that the strong recovery in car sales within 2014 is mainly attributed to improved consumer confidence, strong tourism leading to increased Rent-a-Car fleets

    3%
  8. Rise in Greek car sales slows to 7.5 pct in November

    EconomyMacroeconomy

    average. This year’s strong rebound follows a modest rise of 1.3 percent recorded last year. However... highlight that the strong growth in 2014 is mainly attributed to increased Rent-a-Car fleets due to the strong tourism combined with improved consumer confidence and replacement of old cars with new

    3%
  9. Growth in car sales peaks in December with rise of 69.3 pct

    EconomyMacroeconomy

    to 8,867 in December from 5,237 last year and 7,716 a month earlier. Following December’s strong... that the strong rebound in 2014 mainly reflects increased rent-a-car fleets due to a strong tourism sector as well

    3%
  10. Travel surplus soars 57.2 pct in November on surging tourist arrivals
    Photo by MacroPolis

    Economy

    arrivals remains at relatively low levels at 9,400. Arrivals from the UK also recorded a strong growth... tourist arrivals (+22.7 percent) to 21.5 million. Strong volumes were however mitigated by a decrease.... Although initial indications pointed to another strong tourism performance in 2015, the coalition

    3%