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  1. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    Eurobank recorded net profits of 1.1 million euros in the second quarter (Q2) of 2018 compared to profits of 34.5 million in the previous quarter. Net results before discontinued operations and restructuring costs point to profits of 55 million, representing a quarter-on-quarter (QoQ) 57 million

    4%

  2. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    sustainable returns,” he said. “H1 results point to Piraeus’ effort to decisively deal with legacy issues

    4%

  3. Banks on track with NPE targets in Q2 as sales play bigger role
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by Greek banks to the ECB's Single Supervisory Mechanism (SSM) point to a reduction in NPEs by 37

    4%

  4. Newsletter 173 -07/09/2018

    Newsletters

    (SSM) point to a reduction in NPEs by 37 percent from Q2 2017 until the end of 2019, which is more

    4%

  5. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    decrease from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13 percent

    4%

  6. Lenders appear at ease with Tsipras pledges, cautious on pension cuts

    EconomyProgramme

    rate dropping 1 percentage point from 13 percent to 12. There was no immediate negative reaction from

    4%

  7. PM moves quickly on policy pledges in bid highlight benefits of MoU exit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of corporate tax by 1 percentage point. The Labour Ministry is also said to be working on the rent subsidy

    4%

  8. VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
    Photo by MacroPolis

    EconomyFeatures

    , the VAT gap in Greece rose by 558 million (5.4 billion to 5.9 billion). The annual percentage point

    4%

  9. Newsletter 176 -28/09/2018

    Newsletters

    that the December meeting of finance ministers seems the most likely point at which a decision

    4%

  10. Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
    Photo by MacroPolis

    EconomyProgramme

    lenders will agree with this point of the view. For some of the eurozone member states

    4%