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Rate of credit contraction rises to 3.7 pct in July, balances fall
EconomyMacroeconomy, the sector had posted net additions of 71 and 84 million respectively, which were more than offset... 33.5 percent in Q1. More than half of the 77 billion euros in NPLs at the end of Q1 derived from
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBanking. The latter mainly reflects higher deposit NII on improving time deposit spread more than offset..., where spreads are 20 bps lower than new production, is expected to continue supporting NII growth
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Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomyStatistical Authority (ELSTAT) today. The headline figure is 0.1 percentage points worse than the flash... for the fifth successive quarter by 5.3 percent in Q2 slightly lower than the 5.4 percent posted in Q1
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Samaras seeks late summer boost from talks with troika in Paris
PoliticsGreek Politicsof the year at the Thessaloniki International Fair on Saturday and would like nothing more than to be able... to elect a new president. The coalition needs to convince more than 25 independent MPs and lawmakers from
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MacroPolis is taking the next step
Agora, as well as national media in several countries. Since launching, we have: Published more than 1,500 articles Hosted just under 100 opinion pieces from more than a dozen experts in The Agora Attracted
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PASOK marks 40th anniversary by baring its split personality
PoliticsGreek Politicsat less than 10 percent – in two. PASOK marks the 40th anniversary since its founding on September 3...’s better than expected showing as part of the centre-left Olive Tree alliance in May’s European
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How many NPLs in the Greek banking sector are also non-recoverable loans ?
Agorauninterrupted in Greece for more than three years. The manner in which they are reported in quarterly... (more than six months) with their repayment obligations (interest and principal). Banks’ efforts
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Car sales up by 20.8 pct in August but rise continues to slow
EconomyMacroeconomysingle-digit increases in the fourth quarter of 2013. Passenger cars, which make up more than 80... period, spot on the country average rates. The Attica region is registering more than half
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Greeks most sceptical of EU and US policy towards Russia, poll indicates
Societyopinion of Russia and its role in international affairs than other Europeans who were polled... with Russia independently, rather than together with the other member states of the EU. “Greece
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Greek trade deficit widens by 29.4 pct in July as import rate soars
EconomyMacroeconomydeficit’s growth rate is 10 percentage points lower than that of the headline figure at 19.4 percent... was more than double compared to the headline figure at 23.9 percent. The geographical breakdown
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