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  1. Credit growth stable at 0.9 pct in Oct, led by lending to corporates
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    by 148 million, following positive by 611 million euros in the previous month, taking the balance

    12%

  2. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717

    12%

  3. Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in Attica (611), in line with the historical trend, and the smallest number of permits were issued

    12%

  4. European Commission evaluates impact of bailout programme
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    period is estimated to stem from pension reforms (1.9 percent of GDP) followed by VAT (1.1 percent... system as a last resort income support for the working age population. VAT The VAT reform resulted... percent for all other products and services. In addition, the VAT discounts for the Aegean islands

    12%

  5. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared with a deficit of 9.07 billion in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. The pr...

    11%

  6. Central gov't cash deficit down to 1.14 bln in March

    EconomyMacroeconomy

    basis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG

    11%

  7. Newsletter 7 - 12/12/2014

    Newsletters

    that cumulative collections stand at just 277 million so far. Those banks (six commercial and six

    11%

  8. Court ruling on pension cuts could create new problem in talks, fiscal plans
    Photo by MacroPolis

    EconomyProgramme

    pensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary

    11%

  9. Market value of HFSF's bank holdings plummets by 11 bln in 2014
    Photo by MacroPolis

    EconomyBanking

    in 2013) with cumulative collections at just 277 million, while the cumulative impairment amounts

    11%

  10. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    of 2.07 billion and the remaining 277 million relates to supplementary pensions.

    11%