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  1. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    was reduced for the third successive quarter by 900 million QoQ bringing the cumulative drop in the NPE.... A higher QoQ drop was posted in the Greek ratio, which declined to 33.8 percent from 35.4 percent

    2%

  2. Stocks climb 4.8 pct on increased optimism about deal with institutions
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    in the previous week. Corporate news Hellenic Exchanges posted a sharp drop of 84 percent in 2016... to 222.4 million, while net profits were reduced by 28 percent to 34.2 million. OPAP reported a drop

    2%

  3. Newsletter 114 - 07/04/2017

    Newsletters

    , mostly on the back of a drop in social benefits, purchases of nonfinancial assets and transfers... drop in new orders, further decline in output and reduced employment. Specifically, new orders fell

    2%

  4. Since 2010, declared income has plummeted but tax due has risen
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    the drop in their declared income reached 39.5 percent (to 2.61 billion euros), meaning a decrease... of taxpayers with commercial activity recorded a sharper drop of 35.2 percent to 663,830. Their declared

    2%

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

    EconomyMacroeconomy

    mainly reflects an increase in the goods deficit by 189.8 million and a drop in the primary income... showed a marked drop in residents’ external assets in February largely reflecting a decrease of 1.3

    2%

  6. Primary cash balance turns to 295 mln deficit in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    increased by 929 million. The sharp drop in March expenditure led the 3-month figure up by 1.21... percent to 1.07 billion in the 3-month period of the year. This reflected a modest drop in net revenues

    2%

  7. Newsletter 116 - 28/04/2017

    Newsletters

    income in Q4 reflects a slight drop in compensation of employees counterbalanced by a decrease... a drop of 1.1 points in the previous month, to stand at -72.2. This marked the first positive movement

    2%

  8. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    difference for all current main pensions, with the resulting drop in an individual pension limited to 22... to be reduced. The weighted average drop in main pensions stands at 9 percent, a Labour Minister official

    2%

  9. PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by 1.5 points to 48.2 in April from 46.7 in March, Markit’s survey revealed on Tuesday. The April headline figure is the highest reading since December. It was also the eighth sub-50 reading. The latest downturn reflects a continued drop in new orders, further drop

    2%

  10. Newsletter 119 - 19/05/2017

    Newsletters

    time since 2010. In 2015, the index had eased 0.1 percent, while the biggest drop of 11.9 percent... by 0.5 percent year on year (YoY) in Q1, at a slower pace compared to the drop of 1.1 percent

    2%