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

    EconomyMacroeconomy

    consumer NPLs were above target by 300 million euros and came to 8 billion euros. Commenting on the asset

    6%
  2. Unemployment rate falls to 19 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    administration and defense/compulsory social security (8.6 percent), and education (8 percent).

    6%
  3. July current account shows surplus of 1.58 bln as tourism drives services surplus
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    a fall of 8 percent YoY to 166.3 million. On an aggregate basis, the C/A deficit worsened by 524 million

    6%
  4. Strong receipts push travel balance up by 15.9 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday. Receipts came to 3.38 billion euros for the month, an increase of 14.4 percent. Travel payments showed an 8 percent decline and came to 166.3

    6%
  5. Tsipras and Kammenos vow to stick together until further notice
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is third again with 8 percent in the poll, which sees five parties entering Parliament. The 6-point

    6%
  6. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 24 percent, the declines involved a 36 percent fall in GDP and the downturn lasted 8 years

    6%
  7. Retail turnover increases by 4.3 pct in August, volume rises 3.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to August last year, the main rises in turnover were observed in automotive fuel, which went up by 8 percent

    6%
  8. Newsletter 181 -2/11/2018

    Newsletters

    by 8 percent. The seasonally adjusted (SA) retail sales index in August fell by 0.7 percent month

    6%
  9. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    to stand at 8 billion. P&L NII stood at 346 million euros in Q3, down by 1 percent, and declining by 16

    6%
  10. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent QoQ and rose by 8 percent YoY. The MoF in its latest budget anticipates that exports

    6%