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NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingwith negative formations of 2.4 billion and write-offs 3.7 billion, around 2 billion of which were... of a 2 billion euro portfolio of unsecured retail and SBL portfolio in Greece for a total consideration
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Newsletter 200 -29/03/2019
a surplus of 182 million, 210 million better than the target. 2 ESI stays at 101.3 March Index remains over... to sole proprietors edged up by 2 million euros compared to a decline of 39 million in January.
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Unemployment rate edged up again in Jan, reaching 18.5 pct
EconomyMacroeconomymonth-on-month and by 7,350 year-on-year. The unemployment rate among women fell by 2 percentage points... percent in May 2013. The unemployment rate for men also fell by 2 pps and came to 23.6 percent
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomy. Visitors from the UK fell by 2 percent in 2018 to 2.9 million. Those from the US increased by 26.9...-based travel to Greece, total receipts from cruise passengers rose by 2 percent to 485.8 million
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Newsletter 207 -24/05/2019
for next year is seen at 2 percent, from 2.1 percent in the previous outlook. The OECD highlights... indicated that the country will miss its fiscal targets this year. 2 April hirings balance positive
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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyis expected to grow by 2.2 percent this year compared to an estimation of 2 percent in the autumn forecast... expected in November last year. Growth for next year is seen at 2 percent, from 2.1 percent in the previous
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Greek banks maintain focus on key areas as elections approach
EconomyBankingof 2 billion euros in mortgages, and Cairo, consisting of 7 billion euros in non-serviced loans 500... the securitisation of non-performing mortgage loans totalling 2 billion euros. A Tier II bond issue
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The main economic challenges that will define the Mitsotakis reign
Agorarecently seen its bond yields drop, with the 10-year falling below 2 percent. To top it all, debt... than the predicted 2 percent or below. Fiscal Mitsotakis has presented a very ambitious programme
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsmight have to water this down as the tax cuts will reduce next year’s fiscal space by another 2... aims to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros
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Brussels urges Athens to remain on reform path as fourth post-MoU review looms
EconomyProgrammeof the efforts undertaken in the last decade. Growth has returned and is expected to exceed 2 percent this year..., with the yield of 10-year bond at around 2 percent. Both Commissioners in charge of overseeing Greece
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