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  1. General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln

    EconomyMacroeconomy

    marginally by 58 million in September, following a drop of 614 million in August and 345 million in July... an increase in SSF and tax refunds’ arrears by 188 and 156 million respectively more than offsetting a drop

    2%
  2. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    250,000 and 1 million euros increased by 23 bps to 5.32 percent. Despite the drop in September... drop in the average loan rate compared to the modest decline in the average deposit rate led

    2%
  3. Unemployment rate edges up to 23.4 pct in August
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    years old) and in the 35-44 age group. The eased to 46.5 and 19.9 percent respectively. A smaller drop... rate expected to drop at a higher pace to 21.5 percent.

    2%
  4. Building activity rebounds 16.6 pct in Aug, largely due to low base effect

    EconomyMacroeconomy

    to a drop of 7.9 percent, while the corresponding surface and volume fell at a sharper pace of 19.8... percent in the second quarter of the year, the 29th consecutive quarter of decline. The cumulative drop

    2%
  5. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    on the Emergency Liquidity Assistance (ELA) funding that more than offset a drop in the loan NII... for a gradual and progressive drop in the cost of risk to 1 percent in 2019. Eurosystem funding

    2%
  6. NBG turns profitable in Q3, NPE stock drops further by 1 billion
    Photo by MacroPolis

    EconomyBanking

    are expected to drop from 15.2 billion in 2015 to 7.7 billion in 2019. This corresponds to a drop

    2%
  7. Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    stock by 36 percent from 27.3 billion in Q1 to 17.5 billion at the end of 2019. The respective drop... stable as the anticipated ongoing drop in funding cost would be counterbalanced by further decrease

    2%
  8. Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
    Photo by MacroPolis

    EconomyMacroeconomy

    offset a notable drop by 76 bps in the previous month. A smaller rise of 23 bps to 5.87 percent... the drop of 23 bps recorded in September. The combined impact of a spike in the loan rate and a marginal

    2%
  9. Greek stocks fall 1.5 pct on week, banks edge up 0.6 pct

    Economy

    million in the previous week. Corporate news Hellenic Exchanges reported a sharp drop in its 9-month.... The bank disclosed its non-performing exposure (NPE) reduction targets calling for a drop in the NPE stock

    2%
  10. General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln

    EconomyMacroeconomy

    million in October after a drop of 56 million in September. Overall, arrears have been reduced... sub-tranche of 2.8 billion counterbalanced by a drop in repos by 1 billion. Following the evolution

    2%