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  1. EastMed pipeline close to high-level agreement, but still a long way from becoming reality
    Photo via Flickr https://flic.kr/p/VWenrM

    EconomyFeatures

    partner to the project, Italy, is facing internal opposition to its construction. And that is not the only..., the Five Star Movement organised protests against the construction of a terminal for the Trans Adriatic... of financial sanctions stemming from the construction agreement. It is internal political pressure

    12%
  2. Building permits drop by 10.2 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 21.8 percent. Greece’s construction sector has remained subdued in recent years as both private and public construction projects were halted due to the economic crisis and lack... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed

    12%
  3. Greek primary cash surplus more than doubles to 2.45 bln at end of August

    EconomyMacroeconomy

    difference on the preceding month. Debt The outstanding state debt stayed flat year to date at 321.5 billion... to date. It was down to 55.93 billion at the end of August, while it remained flat MoM. The year to date

    11%
  4. Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
    Photo by MacroPolis

    EconomyBanking

    the previous year. The net interest margin (NIM) remained almost flat at 2.7 percent QoQ, reflecting a loan... gross loans. The non-performing loan (NPL) ratio remained flat QoQ at 33.6 percent with consumer credit

    11%
  5. Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    the FTSE/Large Cap index constituents, only one share remained flat and the other 24 stocks recorded...: Lamda Development (flat), Grivalia (-3.9 percent), Jumbo (-5.6 percent), Piraeus Port Authority

    11%
  6. Central government debt drops to 323.7 bln in Q3 on bond repayments
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    flat for yet another quarter at 14.87 billion, making up 4.6 percent of total debt. Moreover, repos... million to 7.16 billion, while loans held by the Bank of Greece stayed flat at 3.32 billion

    11%
  7. Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    from 52.6 percent a quarter ago, while the cash coverage ratio stayed flat QoQ at 49 percent... with the fully-loaded CET1 ratio at 16.4 percent. The tangible equity stayed flat QoQ for yet another quarter

    11%
  8. Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
    Photo by MacroPolis

    EconomyBanking

    in Q4 from 34.8 percent in Q3. In the Greek market, the NPL ratio stayed flat at 37.7 percent. Moreover..., with NII seen almost flat in 2017. Commission income rebounded 7.6 percent QoQ to 82.2 million. It rose

    11%
  9. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    remained almost stable QoQ at 97 million. Although, the NPE stock stayed flat at 32.4 billion, the NPE... and reached 1.92 billion in 2016. Fee income stayed almost flat QoQ at 81.2 million. It rebounded by 3

    11%
  10. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    also represents the second straight negative reading. Moreover, GDP at current prices stayed flat QoQ... YoY following a decline of 0.8 percent in Q4. In 2016, GDP stayed flat on the back of a 0.6 percent

    11%