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  1. Building permits increase by 27 pct in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in July, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The total number... permits rose by 7.4 percent. Total permits in the aggregate period stood at 10,420. Surface area... the economic crisis hit and the construction downturn began. Total permits for 2018 beat the total for 2017

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  2. Eurobank net profits at 256.7 mln in 2019
    Image via www.eurobank.gr

    EconomyBanking

    . The application related to two of the bank’s three securitisations under the code name Cairo, with a total... on senior notes to the value of 1.6 billion in total. The portfolio consists of three different... estate portfolio as of Q4, valued around 700 million euros. In 2019, a total of 3,120 property auctions

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  3. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    (NII) in Q1 reached 360 million, flat year-on-year (YoY) and up by 1 percent lower quarter... million euros versus 363 million euros in Q4 2019. A total of 1.5 billion in new loans were disbursed... was 13.2 percent and total capital ratio at 15.2 percent. Management noted that the loss making result

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  4. Current account shows surplus of 79.7 mln in August
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    by 73.3 percent. A total of 2.73 billion euros are missing in tourism revenues for the month of August according to these figures. Travel payments came to 54.1 million, also down 76.6 percent. Total... percent YoY. At the same time, total exports reached 2.02 billion euros, a fall of 13.5 percent YoY

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  5. Newsletter 460 - 02/05/2025

    Newsletters

    will create around 1.5 billion euros in extra fiscal space, on top of an already estimated 1 billion... 13.5 of the total. The projected results put ND at 29 pct, closer to the party’s own notional..., the majority of those agreeing with the direction (53 pct and 50 pct of the total respectively) said

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  6. Government budgeting on a late RRF sprint

    EconomyMacroeconomy

    Greece has received 65 pct of the total envelope, amounting to more than 21 billion euros, just 10... on indirect taxation, specifically VAT. This year will see strong budget revenues, with total taxes... taxation at 55 pct of total taxes and income taxes at roughly 37 pct. VAT has a prominent role

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  7. Newsletter 485 - 21/11/2025

    Newsletters

    channelled via commercial banks will reach 75% of the total envelope. Reports suggest, however... billion of interest expenses projected for next year. The Greek budget this year will show a total surplus of 0.6% of GDP, roughly €1.5 billion, and a modest total deficit of €0.5 billion, or 0.2% of GDP

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  8. Newsletter 490 - 16/01/2026

    Newsletters

    at addressing cost-of-living challenges, which kicked in on January 1. As Mitsotakis looks to the next general..., which account for 18.5 pct and 9.7 pct of the total survey respectively. Of those who say.... The projected results show New Democracy with 32.4 pct and PASOK with 14.9 pct. In total, nine

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  9. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    positive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor... that an increase in real GDP by 1 percent results in a rise of the tax efficiency of VAT by 0.20 – 0.43

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  10. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    for the group and to 114 percent for Greece. The latter is expected to improve by 2 percentage points... Common Equity Tier 1 (CET1) ratio improved to 16.3 percent from 15.6 percent in Q1. The quarterly... ratio at 40 percent (55 percent in Q2), cost of risk less than 1 percent (2.2 percent in Q2), loan

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