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  1. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    the 1 billion euro Jupiter portfolio of SME loans secured by real estate and the Mercury portfolio... Equity Tier 1 (CET1) ratio stood at 18.5 percent, up slightly from the previous quarter’s figure

    7%

  2. NBG remains profitable in Q2 with net results of 21 mln
    Photo by MacroPolis

    EconomyBanking

    of small enterprises, totalling roughly 1 billion euros, which are collateralised. P&L Net interest income... covered bonds. Capital The Common Equity Tier 1 (CET1) ratio stood at 16.2 percent in Q2 from 16.5

    7%

  3. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    period last year, private consumption increased by 1 percent in Q2, from stable in the previous quarter... by 1 percent this year. Investments Gross capital formation declined by 2.2 percent QoQ following

    7%

  4. General govt primary cash surplus at 2.82 bln in July, arrears unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    period, rising by 443 million (1 percent) to 43.03 billion in the first seven months of the year... lending was largely unchanged and came to 2.38 billion euros, or under 1 percent of the total

    7%

  5. Unemployment rate falls to 19 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-quarter, taking the figure to under 1 million for the first time since Q3 2017. This was combined... declines. The number of long-term unemployed (over 1 year) declined for a sixth continuous quarter

    7%

  6. Greece moves closer to lifting all capital controls as limits on cash withdrawals removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    lifted on cash withdrawals from October 1. In addition, Greeks abroad will be able to withdraw up... activities as well. From October 1, business people and companies will be able to send up to 100,000 euros

    7%

  7. Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    percent YoY to 10.35 billion euros. Average expenditure per trip edged down by 1 euro, or 0.2 percent... fell by nearly a quarter to 261.1 million. Receipts from cruises increased by just under 1 percent

    7%

  8. Apartment prices up by 2.5 pct in Q3 as recovery trend continues
    Photo by MacroPolis

    EconomyMacroeconomy

    to the previous quarter, apartment prices rose by 1 percent, gaining slightly on the previous quarter... of Greece. For all of 2017, the decline in property prices came to an average drop of 1 percent

    7%

  9. Coalition optimistic about pension cuts deal as it readies reduction to contributions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    suggests that the figure may even reach more than 1 billion euros, without giving further details... party’s spokesman said on Tuesday that the conservatives would stick to the 5:1 departures

    7%

  10. Getting to the church on time
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    earlier this year on a 1:1 departures to hirings ratio. He added that the positions would

    7%