Search
-
Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoraa positive bottom-line result for Q4 and turned profitable for the whole year. This came largely on the back... about meeting this year’s NPE reduction targets if there is a swift conclusion of the programme review. Although impairment losses rose by 12.7 percent QoQ in Q4, the full-year figure fell by almost 72
1% -
Stocks finish week on high after progress at Eurogroup
Economyweeks, Greek shares have rebounded 7.1 percent extending year to date gains to 5.8 percent. Bank stocks... the beginning of the year. The top outperformers this week included Ellaktor (+10 percent), Hellenic..., the average daily turnover dropped to 41 million this week from the year-high of 54 million
1% -
General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomyin the first quarter (Q1) of 2017 from 3.22 billion a year ago, the Finance Ministry (MoF) gg... cash balance turning from a deficit of 72 million euros last year to a surplus of 1.01 billion this year. In addition, local governments also showed a modest rise of 36 million in their surplus
1% -
Economic sentiment rises by 0.8 pts in June, consumer confidence improves
EconomyMacroeconomyfrom a reading of 93.2 in May and representing a year-to-date deterioration of 1.1 points. Consumer..., the highest reading since the start of the year. This led the consumer confidence indicator to improve by 1 point since the start of the year, recovering from declines in February and March. The construction
1% -
Net job hirings reach 40,599 in six-month
EconomyMacroeconomyto 99,197 from 33,608 a year ago, data from the Labour Ministry’s Ergani information system revealed... of part-time or shift work in the Greek job market. The percentage for June last year was 44.3 percent... seen in February of this year. The share of males among total hirings edged up to 55.5 percent
1% -
Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln
EconomyMacroeconomymillion in the first half of the year, down by 36.6 percent from the previous year’s figure of 979.3.... However, the year-to-date lending flow stayed positive, with net additions of 298 million... net additions of 24.3 million for the fourth successive month extending the year to date figure
1% -
Net job hirings slow to 7,242 in July, lowest since January
EconomyMacroeconomyby around 12,039 to 7,242 from 19,281 a year ago data from the Labour Ministry’s Ergani information system... in the job market, although is the lowest figure for the year since January. The figures revealed... in the Greek job market. The percentage for July last year was 45.8 percent. Approximately 39.7 and 14.5
1% -
Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomy909.8 million a year ago, Bank of Greece (BoG) figures showed on Monday. The headline figure declined by 67.5 million year-on-year, driven mainly by deficits of 114.3 million and 151.1 million... euros versus 214.3 million a year ago. The non-oil balance of goods improved as exports outpaced
1% -
Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomythe figure from last year which stood at 2.72 billion, the Finance Ministry (MoF) final budget... 96 million in June, the highest figure for the year so far. The budget balance came to a deficit of 1.35 billion in the seven-month period, down by 19.4 percent compared to the same time last year
1% -
Tsipras looks forward and puts emphasis on growth, MoU exit
PoliticsGreek Politicsis completed before the end of the year. This also prompted Tsipras to call on the International Monetary Fund to decide before the end of the year whether it will take part in the Greek programme... of the year to provide microcredit to the self-employed and SMEs. He also promised to change
1%