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PMI slips to contraction territory in September on lower production and new orders
EconomyMacroeconomyin August largely attributed to fewer available raw materials coupled with lack of liquidity... costs rose for the sixth consecutive month mainly attributed to raw material shortages. As a result
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PMI at 53.6 points in September, employment slows
EconomyMacroeconomyto customers. Delays in delivering raw materials drove a further reduction in pre-production..., since as weak demand for raw materials globally, led to softer price rises. Analysts noted
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PMI remains in growth territory in Nov amid supply disruptions and inflation
EconomyMacroeconomythe strong demand, the expansion slowed to four-month low with challenges manifesting in raw material... in sourcing raw materials and higher order affected production, with the poor availability of inputs
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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek PoliticsND below its 2024 European election performance and, in raw voting intention, even below the 30 pct... ideologically incompatible opposition parties. In the Metron Analysis poll, the raw voting intention
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingPiraeus Bank reported net losses of 332 million euros the fourth quarter (Q4) of 2014 from 1.56 billion in Q3, which were exceptionally high due to a sharp rise in impairment losses to 2.24 billion. Pre-provision income (PPI) more than halved quarter on quarter (QoQ) to 111 million, mainly
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingto 356 million euros in Q3 from 111 million in Q2. This was primarily led by the Greek operations
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Greek stocks on slide for third straight week
EconomyPetroleum Q3 results showed net profits jumped to 111 million from 24 million last year with EBITDA also
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NBG strengthens capital at deep discount, falls short of initial target
Agorathe LME (111 million) plus the 197 million US preference shares will be bailed-in, resulting
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomyresidents’ net external liabilities also rose by 111 million. The aggregate figures for the 9-month period
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General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln
EconomyMacroeconomyat the high end at 2.88 billion (+111 million year to date), making up 43 percent of total arrears
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