Search
-
Net job hirings rise again, reaching 19,281 in July - highest since 2001
EconomyMacroeconomythan half (around 46 percent) of July hirings involve full-time employment, while around 39 percent relate to part-time and more than 15 percent to shift work. The share of men to total hirings
1% -
Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economy, and have increased by more than 3 percentage points from the Q2 2015 figure of 18.4 percent... of 2016 stands 13.8 percent lower than the figure of 1.01 billion posted in the corresponding period
1% -
Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomyrespectively more than offsetting notable inflows of 1.13 billion in time deposits. The breakdown... of capital controls has resulted in inflows of less than 1 billion in the past two months. It should
1% -
Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomythe slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from... of more than 38.5 billion, while loan balances have dropped by 22.2 percent over the past 5.5 years
1% -
Greek, Turkish foreign ministers hold informal talks as refugee crisis, Cyprus loom
PoliticsForeign Policyin recent weeks and Monday was the first day since April that more than 300 refugees arrived on Greek islands in less than 24 hours. Ankara continues to link visa liberalisation for Turkish citizens
1% -
Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomywith the most notable increase for amounts less than 250,000 euros, where the rate climbed 50 bps... bps higher than the average euro area rates. In the household lending sector, a marked rise of 31
1% -
Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBanking. Gross loans slipped by more than 100 million euros QoQ to 66.19 billion, while deposits increased... formation of more than 500 million in H2.
1% -
Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingon ELA and pillar II bonds more than offsetting lower loan NII. Net interest margin (NIM) improved... to be lower than the 1-billion euro mark. The combination of higher operating income coupled
1% -
One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingfor the fourth successive quarter, at 106 million in Q2 less than half the Q1 figure of 260 million... and by another 1.7 billion to 13.2 billion in August. In particular, ELA funding more than halved from 11
1% -
TV permit auction boosts Greek coffers but questions linger
PoliticsGreek PoliticsGreek authorities announced early on Friday, after an auction lasting more than three days, the four winners of national broadcasting permits on the country’s digital network. The four winners... that the starting price was 3 million euros, the total raised was far higher than most observers expected
1%