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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 131 million euros from continued operations in the first quarter (Q1) of 2019, gaining on the profits of 8 million euros reported in Q4. The figure for the same quarter last year stood at a profit of 25 million euros. Factoring in discontinued
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Industrial turnover drops by 6.7 pct in March
EconomyMacroeconomyGreece’s industrial turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward revised increase of 8 percent in February, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. Throughout 2018 with the exception of December, the index had remained positive
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Newsletter 207 -24/05/2019
turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward revised increase of 8
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No late rally for Tsipras
Agoraof the Olive Tree alliance in the 2014 European Parliament elections, the socialists gained 8 percent
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SYRIZA offers compromise over judicial dispute to prevent more turmoil before polls
PoliticsGreek Politicsit into Parliament gain a total of around 8 percent of the vote and that six parties elect MPs
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Newsletter 208 -31/05/2019
that don't make it into Parliament gain a total of around 8 percent of the vote and that six parties
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingquarter, reflecting a fall of 8 percent both on a QoQ and YoY basis. The cost-to-income ratio stood
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammeThe European Commission issued on Wednesday its third report of the enhanced surveillance period, highlighting concerns about the fiscal impact of the government’s expansionary measures and noting a slowdown in reforms. The report is based on the findings of a mission to Athens between 6 and 8 May
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Industrial production drops by 0.8 pct in Apr
EconomyMacroeconomyof 12.4 percent. This was followed by capital goods (-8 percent) and energy (-5.9 percent). Rises were
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammemeets again in July. There is a meeting of eurozone finance ministers scheduled for July 8
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