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  1. Led by sharp drop in purchases of new vehicles, car sales decline by 5.6 pct in Sep

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 4.4 percent year-on-year (YoY) in September, after a drop of 5.8 percent in August, according to Hellenic Statistical Authority... by 11.3 percent and buses jumped by 62.4 percent. In the nine months of 2024, road motor cars have

    12%

  2. Vehicle sales down by 2.3 pct YoY in Oct due to sharp drop in new cars
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 2.1 percent year-on-year (YoY) in October, after a rise of 4.4 percent in September, according to Hellenic Statistical Authority... by 6.5 percent and buses jumped by 92.3 percent. In the ten months of 2024, road motor cars have risen

    12%

  3. Car sales record moderate 1.8 pct YoY rise in Nov, up 2.9 pct this year
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 1 percent year-on-year (YoY) in November, after an increase of 2.1 percent in October, according to Hellenic Statistical... by 16.6 percent and buses jumped by 50.7 percent. In the eleven months of 2024, road motor cars have

    12%

  4. Car sales rise by 2.4 pct in 2024 as market slows down
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time were virtually unchanged in December, dropping by 0.2 percent year-on-year (YoY), after an increase of 1 percent in November, according..., road motor cars have risen by 2.4 percent annually. Passenger cars were up by 3.5 percent, lorries

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  5. How Greek banks could cut 2014 financing gap with a bond rollover
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    billion euros, of which 940 million in Alpha Bank, 1.26 billion in Eurobank (including the recently... and 1.8 percent respectively), while National and Eurobank (2.5 and 3.2 percent) at the high end. From

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  6. Fraud probe at Hellenic Postbank a sign of bigger things to come?

    PoliticsGreek Politics

    into liquidation. At a later stage, in mid July 2013, Eurobank acquired from HFSF 100 percent stake in New Hellenic Postbank for a total consideration of 681 million euros in Eurobank shares paid to HFSF. Those

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  7. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    diagnostic. The capital needs of the four Greek systemic banks (Alpha, Eurobank, National and Piraeus) stand... framework by the Finance Ministry which is essential for the imminent Eurobank rights issue.

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  8. Greece gets new finance minister but old guard dominates cabinet reshuffle
    Photo by MacroPolis

    PoliticsGreek Politics

    Ending days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist Gikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s... at Piraeus University and as Eurobank’s chief economist to take up the job at the Finance Ministry

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  9. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    remained flat QoQ at 51 percent. Along with that of Eurobank, Piraeus coverage ratio stands... and Eurobank at 103 percent and lower than Alpha’s at 119 percent. Eurosystem funding remained flat QoQ at 10

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  10. How many NPLs in the Greek banking sector are also non-recoverable loans ?
    Photo by MacroPolis

    Agora

    The recent presentation of half-year results by the four systemic banks in Greece – National Bank of Greece (NBG), Piraeus Bank, Alpha Bank and Eurobank – brought a mixture of good news... in Greece during first six months of 2014 NPLs NBG Piraeus Bank Alpha Bank Eurobank Q1-2014 28.40% 38.30

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