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  1. Eurobank net profits at 256.7 mln in 2019
    Image via www.eurobank.gr

    EconomyBanking

    has fallen by 12 billion. Greek deposits increased by around 3.6 billion and by 5.7 billion

    5%

  2. Turnover in services remains broadly positive in Q4 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Turnover indices for the services sector remained relatively stable in the fourth quarter (Q4) of 2019, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. Specifically, year-on-year improvements were noted in 12 out of 15 services, slightly down when compared to increases in 13 out

    5%

  3. More restrictions on way as Athens revels in ECB decision
    Photo by MacroPolis

    PoliticsGreek Politics

    to purchase up to 12 billion euros of Greek paper. The announcement had an immediate impact on Greek

    5%

  4. Newsletter 244 -20/03/2020

    Newsletters

    to purchase up to 12 billion euros of Greek paper. The announcement had an immediate impact on Greek bond

    5%

  5. Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    through securitisations using 12 billion euros of state guarantees. Most Greek banks have finalised

    5%

  6. Greece braces for recession, hopes to bounce back from summer onwards
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    activity dropping by 3.5 pct in Q1 and 12 pct in Q2, which will be the deepest on record. It currently

    5%

  7. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    losses of revenue between 1 and 12 billion euros, equally split between large corporations and SMEs

    5%

  8. Alpha Bank posts net profits of 97.1 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    securitisations in Greece and contains non-perfoming loans (NPLs) of up to 12 billion euros

    5%

  9. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    tourism, the sector’s high seasonality and strong multiplier impact contributes to around 12

    5%

  10. EU's temporary framework for state aid in response to Covid-19 outbreak

    Legal

    for the coming 18 months for SMEs and for the coming 12 months for large enterprises. For loans

    5%