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  1. Alpha Bank net profits at 704 mln in 9M, commission income jumps 14 pct YoY
    Image: Alpha Bank

    EconomyBanking

    million in 2024, a rise of 2 percent. Pre-provision income (PPI) in 9M was 1 billion euros, almost... million euros last year. Loan loss impairments dropped by 21 percent to 137 million euros, from 173... 15.5 percent a year ago. The bank’s Total Capital Ratio is 21 percent. The bank plans to distribute

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  2. Newsletter 496 - 27/02/2026

    Newsletters

    structural weakness is underscored by the fact that only 21% consider cooperation among left and centre... in which the headline exports figure fell - by 2.8 percent, following a 2 percent drop in 2024... rise with a rebound to 30.2 points, from 21 points in the previous month, up roughly 15 points

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  3. Shortcomings in healthcare seen at forefront of austerity impact in Greece
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    , with newly unemployed people aged 29–55 years covered for a maximum of 2 years. Rapidly increasing... of major depression, from 3•3 percent in 2008 to 8•2 percent in 2011, with economic hardship being a major... from 28•2 percent in 2007 to 30.4 percent in 2011, and a growing number receive inadequate nutrition

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  4. Newsletter 107 - 17/02/2017

    Newsletters

    adopting in its winter forecasts the Greek outlook for a 2016 primary surplus of (at least) 2 percent.... ELSTAT is due to officially announce the size of the 2016 primary surplus on April 21 and Eurostat... the Fund before these dates. The IMF believes that Greece has to adopt 2 percent of GDP (or 3.6 billion

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  5. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    become available on April 21. The IMF also upward revised its primary surplus projection for 2017 to 1.8 percent of GDP (from 0.7 percent before) and for 2018 to 2 percent (from 1.6 percent). However... thereafter to -1.5 percent of GDP in 2019, to -1.7 percent in 2020, to -2 percent in 2021 and further

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  6. Newsletter 172 -27/07/2018

    Newsletters

    month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept... between 2 percent and 2.5 percent over the next three years, with the potential of stronger growth... and came to 1.12 billion euros, whereas outside of the EU receipts dropped by 2 percent to 312 million

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  7. Newsletter 175 -21/09/2018

    Newsletters

    the responsibility for collecting this tax to the local government from 2021. He said that the 2 billion euros... that savings of 2 billion euros of savings could be made over a period of two years. Mortgages play..., or the equivalent of roughly 21 to 38 percent of the current total. In an interview with Kathimerini

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  8. Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    in 2018, around 2 billion euros remained unpaid at the end of December. The Finance Ministry has argued... from the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent... is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent

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  9. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    2017. Net interest income (NII) rose by 2 percent quarter-on-quarter (QoQ) and came to 355 million... formations in mortgages (-63 million) and consumer loans (-21 million). NPL stock came to 17.4 billion... and leasing exposures). P&L As mentioned, NII rose by 2 percent in Q4 to 355 million euros and declined

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  10. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    representing around 67 percent of the headline GDP number. Government spending represents around 21... that in June, international arrivals by air rose by 2 percent. In the aggregate period, arrivals rose by 4.4... compared to an estimation of 2 percent in the autumn forecast, and in line with the interim winter

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