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  1. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    in revenues by 3 percent. Asset quality Non-performing exposure (NPE) formation turned positive...) contracted by 3 percent QoQ to 440 million, as the positive impact from lower funding cost

    3%

  2. Coalition turns to growth plan for relief from negativity, poor poll numbers
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to exceed 2 percent of GDP this year and to reach around 3 percent or more next year, which is above... partner, Independent Greeks (ANEL) short of the 3 percent threshold for entering Parliament. ANEL

    3%

  3. Rating agencies concur in improved prospects for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    on Greece’s fiscal prospects is enhanced by the measures yielding 3 percent of GDP that, across... is for 2.8 to 3 percent of GDP average. Debt The general view on debt sustainability is improved. The three

    3%

  4. Retail sales drop by 0.3 pct in August, first negative reading for the year
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    equipment (+3 percent). The biggest annual decline was seen in automotive fuel​,​ which fell by 3

    3%

  5. Greece drops six places in global ease of doing business report
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    held by New Zealand (1), Singapore (2) and Denmark (3). Ten indicators were tested as part... scored 3 on a scale of 0-12. In terms of resolving insolvency, Greece trailed behind other countries

    3%

  6. Current account surplus at 1.21 bln in September on services balance growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion, while travel payments declined by 3 percent to 173.5 million. BoG cited an 11.8 percent rise... increased by 381 million euros, while the corresponding liabilities grew by 3 billion. In the nine-month

    3%

  7. Athens meets bond targets despite testing market conditions

    Economy

    On Friday afternoon, one day after the successful completion of the bond issue, the Greek Finance Ministry provided the details of the transaction for the 3 billion notes due 15 February 2025... percent. The final terms of the transaction were released at 14:20 GMT, accepting 3 billion euros from

    3%

  8. Cyprus EEZ keeps Greek-Turkish relations on edge
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    by Italian energy company's ENI to Block 3 is still blocked by Turkish warships. Even though the Greek... even though Block 3 is not one of those being challenged by Turkey. This move may for the drillship

    3%

  9. PM tries to halt election speculation as poll gap widens
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    period, suggesting that the gap between the two has widened by almost 3 points. Centre-left Movement.... The Metron Analysis poll, like other surveys, shows ANEL on 2.5 percent, which is just short of the 3

    3%

  10. BoG report outlines benefits of surveillance and scenarios for debt
    Photo by MacroPolis

    EconomyBanking

    in scenario 3 primary surpluses lower than 2.2 percent that the Eurogroup assumed, at 1.5 percent... meets this criterion. However, scenario 3 of lower primary surplus breaches the 20 percent threshold

    3%