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Bank of Greece outlines challenges to SME funding, gaps in knowledge
EconomyFeaturesThe Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges faced by Greek SMEs from 2014 to 2017. The BoG looked at whether firm size, age, exporting activity or performance were related to their access to bank credit and trade credit, while at the same time
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeby December 30, 2018. Setting up the platform will be one of the biggest challenges as it will have
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Hirings balance negative by 22,333 in January
EconomyMacroeconomyThe employment balance turned negative in January with 22,333 more departures than hirings for the month after December’s positive balance of 5,970, data from the Labour Ministry’s Ergani information system showed. Compared to January 2018, there were 5,791 more departures than hirings. Ergani
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January deposit movement negative by 1.55 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative in January with outflows of 1.55 billion compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures revealed on Wednesday. The current month’s flow is the most negative reading since January last year when
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Turnover in tourism grows by 2.8 pct during Q4 and 9 pct in 2018
EconomyMacroeconomyof Greece (BoG) for December, travel receipts of 16.11 billion euros were recorded the full year
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingdeclined by 1.2 billion euros QoQ to 2 billion in December, and fell by an additional 500 million to 1.5
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesin support of the project, culminating in a summit between Israel, Greece and Cyprus in December
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammeby December 31 should have to go through the new framework, which includes stricter criteria
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Travel balance rises to 66 mln in January
EconomyMacroeconomyfor 2018 confirm SETE’s outlook. The latest available figures from SETE showed that as of December 2018
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingseen in consumer loans. At the end of December 2018, the NPL ratio for Greece stood at 32.4 percent
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