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Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
EconomyMacroeconomy. The outstanding balance increased to 113.34 billion euros, from 112.85 billion euros in June. The corporate lending balance’s net monthly flow was positive by 608 million euros in July, from 1.98 billion... by 401 million euros. The balance stood at 61.83 billion euros. Credit to insurance corporations
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Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
EconomyMacroeconomyin July. The outstanding balance increased to 113.35 billion euros, from 113.34 billion euros in July. The corporate lending balance’s net monthly flow was positive by 182 million euros, slowing down.... The balance stood at 62.12 billion euros. Credit to insurance corporations showed a net monthly outflow of 27
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingto reduce the balance of bad loans on its books. In May and July, the bank announced the signing..., relates to secured shipping loans. Piraeus Bank expects to reduce the NPE balance to under 20 billion euros by 2020, and the NPL balance to under 10 billion euros. P&L As mentioned, NII stood at 699 million
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Contraction in Greek credit eases slightly to 3 percent in November
EconomyMacroeconomyto 97.32 billion euros. Net deductions more than halved to 159 million in November from 355 million... to 69.59 billion with monthly net deductions dropping to 145 million from more than 200 million... with the troika is not clinched by the end of February than Greek banks may be forced to cover the state’s
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PM faces complex challenge as Turkey threatens free passage for refugees
PoliticsGreek Politicsasylum seekers to reach Greece. If this turns out to be more than a publicity stunt aimed at putting... leader Antonis Samaras has a much more hardline approach to the migration issue than the prime minister... and repeatedly issuing public messages than anyone who is not a genuine asylum seeker will not be allowed
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PM warns Covid threat remains as 'wall of immunity' still being built
PoliticsGreek Politicsthat more than 50% of residents have been vaccinated so far. Similarly, the vaccination rate on many... a potentially more aggressive variant of Covid, such as the Indian mutation, rather than the 75% that would... vaccinating more than 100,000 people a day. He warned that the government would clamp down if it feels
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Fire on outskirts of Athens puts PM's crisis strategy under scrutiny
PoliticsGreek Politicsthan preventing them, run so deep that the appointment of one person, however capable, is not enough... to evacuate their homes, have presented the kind of death toll seen during the Mati fire, when more than... ND came to power, the damage wreaked by the fires could be measured in “hectares rather than coffins
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Newsletter 471 - 18/07/2025
timeline starting in 1998 rather than focusing on the 2019–2022 period covered by EPPO. Government... defections that signal public frustration more loudly than any press conference ever could. Still... rather than wrongdoing by the current government. They insist there is no proof of criminal
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomya fiscal deterioration of more than 800 million year on year (YoY). The worsening performance mainly...) and by 152 million only in July to 753 million corresponding to more than 13 percent of total arrears... and make up more than 20 percent of total. The other three gg entities showed a modest increase
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Slow pace of returns and relocations leaves refugee crisis finely balanced
PoliticsForeign Policy’s publication came just two days after the Financial Times reported that less than 400 of the 8,500... returned to the neighbouring country. The FT added that more than 30 percent of some 600 asylum
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