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  1. Greek stocks remain flat during week, banks underperform

    Economy

    net profits fell by 41.3 percent to 3.2 million in the first half (H1) of 2016, with revenues... from last year. Titan posted a sharp drop in H1 net profit of 62 percent to 9.2 million mainly

    5%

  2. Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln

    EconomyMacroeconomy

    . It represents a drop by 950 million from the July 2015 figure. In addition, the reported net balance... in the 7-month period with net revenues up 4.6 percent and expenditure edging 2.3 percent up. It is worth noting

    5%

  3. Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
    Photo via www.helex.com

    Economy

    in July. The Labour Ministry’s information system (Ergani) data displayed net hirings reached 19,281 in July, which is the highest reading since 2001. In addition, net hirings for the 7-month period stood

    5%

  4. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    . As a percentage of net loans, provisions remained nstable quarter on quarter (QoQ) at 21.7 percent in Q2... focus remains on the asset quality trends as well as on the evolution of net interest income

    5%

  5. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    the previous month to 200.54 billion, which is the lowest figure since July 2007. Meanwhile, the net additions of 479 million euros in June turned to net deductions of 638 million in July, the highest

    5%

  6. The story behind Attica Bank, the non-systemic lender thrust into the spotlight
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    deposits and net loans amounted to 2.14 and 2.76 billion euros respectively corresponding to a market... net loss of 347 million euros, with pre-provision income (PPI) of 31 million and credit risk

    5%

  7. Greek stocks edge down 1.3 pct during week, banks perform poorly again
    Photo via www.helex.com

    Economy

    in first-half (H1) net profits to 97.4 million from 73.2 million a year ago, with turnover up 9.8... results on Friday wjich showed net losses narrowed to 18.2 million from 21.2 million last year

    5%

  8. Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    July 2007. Net deductions notably rose to 904 million in August, from 630 million in July, which... deductions of 609 million, which are the highest since May 2014. As a result, the net lending flow

    5%

  9. Greek stocks on the rise again, end week 2.1 pct up
    Photo via www.helex.com

    Economy

    euro sub-tranche are subject to a positive assessment by the institutions of the net arrears clearance... reported on Monday its 2015/2016 financial results, which showed net profits rose by 15.7 percent

    5%

  10. Bank credit contracts by 1.7 pct in September on loan deductions of 355 million

    EconomyMacroeconomy

    at the end of September, which is the lowest reading since June 2007. The monthly net deductions slowed.... The net lending flow turned slightly positive after the extended deductions of 602 million posted

    5%