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  1. Credit growth stable at 0.9 pct in Oct, led by lending to corporates
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    a peak of 3.7 pct growth in February this year. The net lending flow turned negative to 42 million... 119.05 billion in September. The corporate lending balance's net monthly flow was positive in October... corporations showed a net monthly outflow of 67 million euros, from inflow of 227 million euros

    43%
  2. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million...-on-year, from 1.17 billion in 2022. Net fee and commission income was 372 million euros in 2023... sheet The Group’s net loans amounted to 36.2 billion euros in 2023, from 38.7 billion euros in 2022

    43%
  3. Ex-PMs engage in public spat, highlighting contrasting approaches to Turkey
    Photo by MacroPolis

    PoliticsForeign Policy

    else put forward by Turkey could be negotiated or resolved in court. The precedent set by Helsinki..., to greater Turkish demands. The most definite and painful proof of the cost of this inertia

    42%
  4. Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net loss of 283.3 million euros for the first quarter (Q1) of 2020 on Monday... carry out an 800 million euro share capital increase. The bank attempted to put a positive spin... as the leading bank partner in this transformation.” The bank’s Q1 net loss was wider than the 30

    41%
  5. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    payments and the public investment budget came to 26.7 billion euros. Net revenues came to 22... euros compared to a deficit of 1.74 billion euros in June 2020. Revenues On a monthly basis, net... Budget. The state paid 611 million euros in compensation to lessors due to decreased rents; 155

    41%
  6. Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279... in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5... percent in 9M 2022. P&L Net interest income (NII) came to 1.47 billion euros, from 922 million euros

    41%
  7. Newsletter 325 - 28/01/2022

    Newsletters

    are striking right at the heart of what they see as a fundamental flaw in the narrative put together... fiscal performance in 2022. Net state revenues in 2021 closed at 54.88 billion euros, after 5.1 billion... taxes on energy products. For this year, the ministry has based the budget on net revenues of 55.43

    40%
  8. Bond difficulties put a dent in coalition's exit plans
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the third bailout in August has put another dent in the government’s hopes of making as clean a break... official told Reuters that the bond issue plans have been put on hold due to the market turbulence... sensing that the debt relief package which Greece’s lenders are due to put forward is likely to fall

    40%
  9. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    (1.85 billion) and EFSF/ESM/IMF loans (1.3 billion) more than offsetting a net increase in short-term... loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure

    39%
  10. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    exclusively for net arrears clearance. Debt The central government gross debt declined by 1.07 billion euros.... In contrast, the respective figure for the state budget dropped by 611 million to 1.63 billion

    39%