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  1. In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    . Overall, the current stock of Eurosystem funding stands 54.79 billion euros lower than the June 2015... since April 2015. Banknotes in circulation have been reduced by more than 4 billion in the past six

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  2. Newsletter 95 - 11/11/2016

    Newsletters

    brackets but he also drew a greater proportion of low income voters to his campaign than previous... for information and communication, the mainstream parties were found wanting. Rather than take

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  3. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    the year to date positive flow to more than 768 million euros. Corporate news National Bank... billion, while EBITDA fell by 4.5 percent to 335.3 million. Hellenic Petroleum’s Q3 net profits more than

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  4. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    and impairment on other assets that more than offset a nosedive in trading income. The most important takeaway... Liquidity Assistance (ELA) funding and repo cost at negative rate, which more than offset the negative

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  5. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    reduction will be higher than 30 percent, while that for corporate NPEs will be around 50 percent... on the Emergency Liquidity Assistance (ELA) funding that more than offset a drop in the loan NII

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  6. Optimism in Athens as Cyprus talks move into delicate phase

    PoliticsForeign Policy

    for the withdrawal of Turkish troops, which have held more than a third of the island since 1974... a demand from the Greek Cypriots for the return of not less than 100,000 Greek Cypriots

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  7. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    , the growth for the non-eurozone countries of 22.7 percent was much higher than that (5.6 percent...-durables edged down 1 percent. In more detail, turnover in mining of metal ores more than doubled

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  8. Greece worst-performer in EU 28 for social justice
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    than double the 2009 figure of 9.7 percent. In the report’s special sub-index on children and youth... of these 15-to-24-year-olds has more than doubled since 2008 to 49.8 percent,” the report found

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  9. Greece and lenders make headway on review but labour reforms remain biggest obstacle
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    -performing bank exposure of more than 60 billion euros (300,000 sole proprietors, 70,000 small... entities eligible for the new process will be required to have an annual turnover of more than 50,000

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  10. Current account surplus widens to 1 bln in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) surplus expanded by more than 104 million euros or 11.5 percent from last year to reach 1.01 billion in September from 904 million a year ago, Bank of Greece (BoG... attributed to a deterioration in the services surplus by 1.77 billion – which more than offset an improvement

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