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  1. NBG remains profitable in Q2 with net results of 21 mln
    Photo by MacroPolis

    EconomyBanking

    million euros against the previous quarter’s decline of 800 million. The current quarter’s fall

    5%
  2. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    with targets, the parent NPE stock is anticipated to fall by 8 billion between June 2018 and December 2019

    5%
  3. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    after a drop of 3.1 percent in the previous quarter that had marked the first fall in imports after six

    5%
  4. Unemployment at 19.1 pct in June, under 20 pct for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to improve. In June, there were 12,624 fewer unemployed compared to May, a fall of 1.4 percent. Against

    5%
  5. Banks on track with NPE targets in Q2 as sales play bigger role
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    target of 46.9 percent. The main driver behind the overall reduction in NPEs was a fall in corporate

    5%
  6. Trade deficit grows by 34.5 pct in July on continued import rises
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of the year pointed to a YoY fall of 3.9 percent in the trade deficit, bringing the deficit to 12.63

    5%
  7. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    , the fall in the unemployment rate, the increase in exports and improvements in a range of other

    5%
  8. Industrial production grows by 1.9 pct in July for year's second highest rise

    EconomyMacroeconomy

    by 0.9 percent. A decline of 6.1 percent was noted in capital goods, along with a smaller fall of 2.9

    5%
  9. Athens prepares 2019 draft budget amid pension cuts dilemma
    Finance Ministry

    EconomyProgramme

    working on the final details of the draft budget. Much of the attention will fall on how large this year

    5%
  10. Newsletter 176 -28/09/2018

    Newsletters

    year’s figure for the same period came to 3.54 billion, representing a year-on-year (YoY) fall of 10.9

    5%