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  1. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    million, on the back of the improving asset quality trends, with the cost of risk (provisions over

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  2. Greece, lenders inch forward after talks on settlement of tax and bank debt
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    does not allow the residents affected to claim the money they paid this year back, while the Finance

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  3. Tsakalotos states case for debt relief as New Democracy sharpens up
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    should hold back on that [fiscal] conversation and have it as a package with debt relief.” The other

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  4. Attacks on Chios refugee camp underline precarious balance on islands
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    migrants, with the latter being placed in closed facilities while they wait to be sent back.

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  5. Current account surplus widens to 1 bln in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    balance rose on the back of higher net air and sea transport receipts. Moreover, travel receipts

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  6. Moody’s changes outlook for Greek banks from negative to stable

    EconomyBanking

    In a report released on Tuesday, Moody’s upgraded Greek banks’ outlook to stable from negative on the back of improving profitability and funding, which are expected to normalise from a very weak base. The rating agency expects Greek banks to return to marginal profitability in 2016 and 1017

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  7. NBG turns profitable in Q3, NPE stock drops further by 1 billion
    Photo by MacroPolis

    EconomyBanking

    million on the back of lower pillar II costs, while insurance income almost halved QoQ to 12

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  8. Greek stocks rise for third consecutive week as trading increases
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    outlook to stable from negative on the back of improving profitability and funding. Although investors

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  9. OECD expects Greek economy to recover, stresses need for structural reforms and debt relief
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -performing loans (NPLs), which currently undermines credit expansion and holds back investment. On the fiscal

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  10. Deposits rise to 124.6 bln in Oct on inflows of 1 bln

    EconomyMacroeconomy

    , central bank funding has decreased by almost 24 billion euros, also on the back

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