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  1. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    provisions jumped to 1.59 billion in Q2 from 278 million in Q1, while Q3 figure of 253 million returned

    7%
  2. Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million

    EconomyMacroeconomy

    . In specific, housing loans declined to 67.16 billion with deductions increasing to 253 million, its

    7%
  3. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    . Operating expenses fell 4.2 percent QoQ to 253 million largely reflecting lower administrative

    7%
  4. Current account deficit expands to 937 million in Feb
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and 5.4 percent respectively. The services surplus significantly widened by 253 million to 656.3 million

    7%
  5. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    ) formation turned positive to 137 million in Q1 from -253 million in Q4, mostly due to mortgage NPLs

    7%
  6. Opposition keeps spotlight on arms deal as coalition looks for way out
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a resolution, following a 368 to 221 vote, to call on the EU to impose an arms embargo on Saudi Arabia

    7%
  7. Newsletter 142 -1/12/2017

    Newsletters

    adopted a resolution, following a 368 to 221 vote, to call on the EU to impose an arms embargo on Saudi

    7%
  8. April current account deficit at 1.34 bln as goods deficit grows
    Image via www.moh.gr

    EconomyMacroeconomy

    , residents’ external assets under direct investment increased by 253 million euros, while

    7%
  9. Government bolsters aid package as questions mount over deadly fires
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    on the coalition. However, many view the embargo as an effort to deflect attention from the coalition’s

    7%
  10. Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    a combined total of 253 million euros. This is still short of the reported fiscal gap

    7%