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  1. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    fee income came to 151 million, up by 3 YoY, driven by loan generation, asset management... of 3 percent YoY and 12 percent QoQ. The main contributors were new loan generation, as well... market was reduced to roughly 100 million at 30 June 2020. The bank increased its Liquidity Coverage

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  2. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    ). Net Interest Income (NII) in 9M came to 1.11 billion showing an increase of 3 percent YoY.... In Q3, NII reached 380 million, higher by 3 percent QoQ. Asset quality NPEs fell by around 600 million...) funding. Utilisation of the interbank repo market came to roughly 100 million euros at the end

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  3. Newsletter 278 -14/12/2020

    Newsletters

    promising initiatives have also made the news recently, including a 100 million-euro investment... Greece bank. 2 Wages index up by 3 pct YoY in Q3 Quarterly figure shows drop of 1.5 pct versus Q2 Greece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY

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  4. Newsletter 288 - 12/03/2021

    Newsletters

    the European Central Bank’s TLTRO program, with an interest rate of -100 bps. Greek deposits increased... by 3 percent in Q4 versus an increase of 3.1 percent in Q3. New properties, classified as up... by 3 percent after an increase of 1.8 percent in December. The annual movement in the index was driven

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  5. Newsletter 291 - 02/04/2021

    Newsletters

    decreased by 12.6 points. The EU average ESI stood at 100 points for last month. Industry confidence... points. Retail turnover drops by 5 pct in January Volume decreases 3 percent, led by decline... fell by 3 percent after a revised decrease of 11.5 percent in the previous month. Compared

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  6. Newsletter 294 - 23/04/2021

    Newsletters

    and a free summer.” The provisional schedule includes the reopening of the catering sector on May 3... cuts. The tax advance for the self-employed is being reduced permanently to 55 pct, from 100 pct... by another 3 percentage points from March, to 40% in April, from a high of 84% last May. In contrast

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  7. Newsletter 368 - 03/02/2023

    Newsletters

    , while another 3 pct say they will abstain or cast a blank ballot. Around 3.4 pct are supporting... by the European Banking Authority (EBA), this year’s growth is seen slightly higher at 1.5 pct, doubling to 3 pct... the temporary drop below 100, at 98.9 points in October. Nevertheless, sentiment is about 9 points below

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  8. PM targets elections in May as polls show outcome is finely balanced

    PoliticsGreek Politics

    of more than 3 points, followed by SYRIZA on 26.1 pct and PASOK on 9.2 pct, both of which are largely... by parties falling short of the 3 pct threshold for entering Parliament. In terms of seats after a first vote using proportional representation, ND would have 115, SYRIZA 100, PASOK 35, KKE 25, Greek

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  9. At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    consumption-driven, the PM explained Moving beyond tourism’s 3 percent share of GDP, Mitsotakis set... already allocates over 3 percent of GDP to its military, upgrading F-16s, acquiring F-35 jets, and taking... eclipse 100 percent on windy, sunny days, the PM noted. Greece is courting investment in storage

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  10. Final 2026 budget foresees stable growth and strong tax performance
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 3 and 2.8 percent respectively this year. Employment growth slows further to 0.4 percent, from 0.7..., from 9.15 billion in 2025. Interest payments are estimated at 3 percent of GDP, or 7.71 billion... sees bonds exceeding 100 billion euros, at 100.76 billion euros, from 100.76 billion euros in 2025

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