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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingby strong 9M net profits and bond valuation gains (FVTOCI). The upcoming divestment of Ethniki.... “The prospect of delivering on our Business Plan targets sooner than promised is gaining ground,” he said
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PM aims to maintain pace of economic reforms as public worries about migration
PoliticsGreek Politicsgovernment will have passed more than 30 bills by the end of the year, reflecting the higher level... representing PPC workers, has strong objections to the change in hiring rules at the power company
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BoG data shows drop in card usage in first half of 2019
EconomyFeatureshave carved out a strong foothold in Greek payment culture, followed by credit cards. The average... of such fraud was found to be related to internet payments rather than ATMs or card payments in stores
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Latest T-bill auction nets near-zero yield, rounding off landmark year for sovereign debt
Economystrong offers. In the 13-week auction that took place on October 9 had for the first time shown a negative yield on a sovereign debt instrument, attracting more than one billion euros in offers for a 375
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Government and local authorities reach impasse over migrant centres
PoliticsGreek Politicsmillion euros, followed by East Samos with 1.3 million. Athens appears determined to stand strong... and right-wing elements in ND, are emerging as a more potent threat to political stability than any
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PBO sees encouraging signs for economic and fiscal outlook
EconomyMacroeconomythat based on the available data for the first nine months of 2019, the economy grew by more than 2 percent... time, there is a silver lining in this development as it is a strong signal to dissuade any concerns
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Poll suggests broad support for border closure, continued concern about islands
PoliticsGreek PoliticsThe first major opinion poll published since the closure of Greek-Turkish border crossings appears to back up the sense that there is strong support for the government’s decision across the political..., more than 6,000 asylum seekers and migrants have left the camps either because they have been granted
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PM orders lockdown as opposition focusses on health system's capacity
PoliticsGreek Politicsthan healthcare staff when he came to power. Tsipras In an op-ed published in Ethnos newspaper... for the state to have a strong presence. He reminded readers that during the crisis Greece’s conservative
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek PoliticsThe rollout of the economic support measures continued on Friday as the government considered more restrictions on movement, having enjoyed strong support for its handling of the Covid-19 crisis so... they do so, rather than fill in a paper form that they have to carry with them. The form will only apply
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Roadmap leading out of lockdown pondered by ND as SYRIZA takes aim at media
PoliticsGreek Politicscompany, in exchange for a 3 percent commission, rather than through a public tender. The government... of the strong public support for ND’s handling of the current crisis. This leaves SYRIZA marginalised
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