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  1. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    on the Emergency Liquidity Assistance (ELA) funding that more than offset a drop in the loan NII... for a gradual and progressive drop in the cost of risk to 1 percent in 2019. Eurosystem funding

    2%

  2. Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    countries recorded a drop in September. In specific, arrivals from the US tumbled 34 percent, while... with the 10-month figure now pointing to a marginal drop of 0.3 percent. Despite the overall positive

    2%

  3. NBG turns profitable in Q3, NPE stock drops further by 1 billion
    Photo by MacroPolis

    EconomyBanking

    are expected to drop from 15.2 billion in 2015 to 7.7 billion in 2019. This corresponds to a drop

    2%

  4. Greek stocks rise for third consecutive week as trading increases
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    by 37 percent to 187.1 million. MIG posted a 3 percent drop in 9-month sales to 848.4 million... (NPL) reduction targets calling for a drop in the NPE and NPL stock by 40 and 50 percent respectively

    2%

  5. Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    stock by 36 percent from 27.3 billion in Q1 to 17.5 billion at the end of 2019. The respective drop... stable as the anticipated ongoing drop in funding cost would be counterbalanced by further decrease

    2%

  6. Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
    Photo by MacroPolis

    EconomyMacroeconomy

    offset a notable drop by 76 bps in the previous month. A smaller rise of 23 bps to 5.87 percent... the drop of 23 bps recorded in September. The combined impact of a spike in the loan rate and a marginal

    2%

  7. Greek stocks fall 1.5 pct on week, banks edge up 0.6 pct

    Economy

    million in the previous week. Corporate news Hellenic Exchanges reported a sharp drop in its 9-month.... The bank disclosed its non-performing exposure (NPE) reduction targets calling for a drop in the NPE stock

    2%

  8. General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln

    EconomyMacroeconomy

    million in October after a drop of 56 million in September. Overall, arrears have been reduced... sub-tranche of 2.8 billion counterbalanced by a drop in repos by 1 billion. Following the evolution

    2%

  9. Turnover in tourism sector rebounds 2.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services resumed an upward trend in the third quarter (Q3) of 2016, rising by 2.6 percent after an upward revised drop of 1.3 percent in Q2, Hellenic... to a drop in the average expenditure per trip by 9.3 percent to 547 euros, while foreign arrivals rose

    2%

  10. Greek stocks climb 4.3 pct on week, banks’ strong performance continues
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    was triggered by a drop in the Greek government bond yield to 6.7 percent coupled with improved international... posted a drop of 11.2 percent in 9-month net profits to 14.3 million. Its turnover rose by 9.7 percent

    2%