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  1. Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
    Image via www.piraeusbankgroup.com

    EconomyBanking

    euros, from 3 million euros in the previous year. Total operating expenses stood at 436 million euros, from 406 million euros a year ago. Reported pre-provision income (PPI) was 901 million euros in H1... billion a year ago. The loans-to-deposits ratio was at 67 percent, while the liquidity coverage ratio

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  2. Newsletter 474 - 05/09/2025

    Newsletters

    to €500 per year, while those near the top bracket may gain as much as €1,200. The total cost... that will be incorporated in the draft budget due to be submitted to Parliament in October. This year... of the year had to deal with several setbacks, starting with the suspicions of a cover-up related

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  3. Newsletter 476 - 19/09/2025

    Newsletters

    for this year to just above 3 pct, from 2.5 pct previously. It also published this week the latest index of house prices for Q2, with another strong rise of 7.3 pct year-on-year, after 7 pct in Q1, pointing to one more year of price growth. By our own calculations, the rate of growth in property prices since

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  4. Falling property FDI raises questions about housing market after Golden Visa rush
    Image: MacroPolis

    EconomyMacroeconomy

    to the housing crisis which the government is now trying to tackle. Data for Q2 this year showed that FDI in real estate continued to slide, dropping by 6.5 pct year-on-year (YoY), though... in Q2 was 581.5 million euros, from 622.1 million in Q1 last year, and 356.8 million euros in Q1

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  5. Newsletter 480 - 17/10/2025

    Newsletters

    strongly in 2022 by 5.5 percent, still in post-pandemic recovery mode. Last year’s growth was driven... last year - though this was a slowdown from the 8.5 percent surge recorded in 2023. In 2024, nominal... comfortably this year. Despite the availability of Recovery and Resilience Facility (RRF) funding since 2022

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  6. Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
    Image: https://www.piraeusholdings.gr/

    EconomyBanking

    million euros, from 36 million euros in the previous year. Total operating expenses stood at 647 million euros, from 613 million euros a year ago. Reported pre-provision income (PPI) was 1.34 billion... 60.54 billion a year ago. The loans-to-deposits ratio was at 66.6 percent, while the liquidity

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  7. Hiring balance turns negative in Sep on as tourism season winds down
    Photo by MacroPolis

    EconomyMacroeconomy

    last year was positive with 3,596 more hires. This led to a year-on-year deterioration with 12,792... and termination of contracts. Layoffs rose by 19,530 year-on-year, while voluntary exits were up by 7,056. Hirings were up by 13,794 jobs compared to September last year, while departures rose by 26,586

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  8. Newsletter 491 - 23/01/2026

    Newsletters

    President’s favour and find ways to bolster ties with Washington over the last year. With EU–US... will no longer be able to sell generic imitations under these names. For feta, there is a seven-year phase-out... billion euros in the same month last year. The goods deficit came to 2.78 billion euros, from 3.23

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  9. Labour market ends 2025 with a positive hiring balance of 77,074 jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    year was also negative with 14,218 more departures, leading to a minor year-on-year deterioration... of contracts. Layoffs rose by 11,580 year-on-year, while voluntary exits were up by 787. Hirings were up by 12,061 jobs compared to December last year, while departures rose by 12,367. The proportion

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  10. Newsletter 494 - 13/02/2026

    Newsletters

    90), and a single six‑year presidential term (Article 30), alongside new fiscal stability... items are becoming almost a luxury, with beef prices, for instance, jumping by 25% year‑on‑year... - shows that median income in Greece last year was just over €1,100 gross in 2025, up from €1,039

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