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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorawas reduced by more than 2.2 billion QoQ to 80.4 billion euros, with the NPL ratio landing at 34.8... at a slower rate than NPLs. It declined by 1.6 billion euros QoQ to almost 112 billion, while the NPE
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Omnibus bill passes but leaves marks on coalition and SYRIZA
PoliticsGreek Politicsto the short time the government granted MPs to debate legislation that stretched to more than 250 pages... increases to take place at prices lower than those paid by the country’s recapitalisation fund... and served as a reminder that with less than two months to go to the elections, SYRIZA has yet
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Are hirings in the public sector out of control?
EconomyFeaturesis lifted is more than topical, as discussions start to focus on shaping the country’s post-MoU... since the beginning of the crisis, perhaps more than most people realise. The core public sector ended... historically been looser than those applied to the staffing of permanent roles. Up until 2009, applicants
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PMI rise in Mar signals strong expansion, input costs at highest since 2022
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data released on Tuesday. Greek manufacturing saw... S&P analysts. "Increased demand for inputs and a further solid deterioration in vendor performance
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Newsletter 34 - 10/07/2015
in the same period last year. This translates into a net drop in retail sales by 305 million over... reflecting domestic consumption rather than increased tourism activity. Triggered by a panic to hoard medicines rather than cover their actual needs, citizens also rushed to pharmacies, where child
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankinginflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... banknotes, the monthly repatriation of funds worth 470 million over the last 17 months was more than... in the July 2015 – November 2016 period stood at 180 million, which is substantially higher than
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingfor the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1...-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economy. Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyincreased by 2 percent to 35.26 billion, lower than the target by 305 million. PIB PIB revenues came... million in the first nine months of the year, 805 million better than the target.
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Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
EconomyMacroeconomypercent to 35.26 billion, lower than the target by 305 million. The MoF noted that the movement..., 805 million better than the target.
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