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  1. NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
    Image: NBG

    EconomyBanking

    interest income (ΝΙΙ) decreased 9 percent YoY to 1.08 billion. Net fee income increased by 8 percent

    22%

  2. ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged down to 8 percent in July, from 8.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In July last year, the unemployment rate was 9.8 percent. ELSTAT postponed last month’s labour force survey

    20%

  3. Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Positive sentiment prevailed in Greek stock market this week, leading to strong gains of 6 percent as the return of the institutions returned to Athens and optimism about a successful conclusion... this year has turned positive (+6 percent). The top performers this week included the four core banks

    19%

  4. Current account deficit at 8 bln after 10M as goods deficit widens
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    was higher at 6.26 billion in October, from 6 billion euros in 2023. Excluding the value of oil and ships

    18%

  5. Newsletter 6 - 5/12/2014

    Newsletters

    this year. EU officials have said that the December 8 Eurogroup meeting will take stock of the troika

    18%

  6. PM's strategic bet on Israel meets domestic blowback over Gaza
    Photo by MacroPolis

    PoliticsGreek Politics

    , Mitsotakis has taken steps to recalibrate Greece’s stance. On August 8, he spoke with Palestinian... in the Gen X age group. The same poll indicated that 35 pct of Greeks feel that Israel is responsible

    17%

  7. Growth in accommodation and food services turnover slows to 6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services grew for the eighth successive quarter in Q1 2015, albeit at a slower pace of 6 percent from 22.2 percent in Q4 2014, according to Hellenic Statistical Authority (ELSTAT). In comparison, the respective index soared by 44.9 percent in Q1 2014

    17%

  8. Eurobank net profits at 6 mln in Q2 amid increasing securitisations
    Photo by MacroPolis

    EconomyBanking

    Eurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net profits of 19.7 million in Q1. This represents a quarter-on-quarter (QoQ) decline of 69.4 percent. On an aggregate basis, net profits in the first half (H1) came to 25.7 million euros, down by 27.8

    17%

  9. Consumer confidence drops by 6 pts as economic sentiment declines in September
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    deteriorated by 6 points month-on-month and came to -41 in September. Compared to the same month last

    17%

  10. EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022

    EconomyMacroeconomy

    The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February. The Commission sees the Greek economy growing by 4.1 this year and 6 pct in 2022, compared to 3.5 and 5

    17%