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NBG reports 652 mln profit in 9M, core PPI up 14 pct
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 652 million euros from continued operations in 9M 2022, compared to a profit of 732 million euros in the same quarter of 2021, a drop of 11 percent. Pre-provision income (PPI) stood at 935 million euros, down by 2 percent on the 958
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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomy, in line with commitments and the debt sustainability assumptions. Debt will drop to close 162 pct
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Newsletter 359 - 18/11/2022
December last year, when it had grown by 23.6 pct. Month-on-month the index posted a 2.2 pct drop, now
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Newsletter 362 - 09/12/2022
) drop by a modest 0.5 pct. Q2 2020 was the peak of the pandemic impact. Greek GDP had dropped by 13.4
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Growth in import prices slows to 21.3 pct in Oct
EconomyMacroeconomylast year at 18.7 percent. Month-on-month, the index posted a rise of 1.5 percent, after a drop of 2.2
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Loans managed by servicers stabilise near 87 bln in Q3 as securitisations conclude
EconomyMacroeconomyThe universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q1 this year and in Q3 it stood at 86.8 billion euros, according to data released by the Bank of Greece (BoG) on Friday. This represents a minor drop of roughly 200 million euros quarter-on-quarter During 2022
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Industrial turnover grows 23.7 pct YoY in Oct, but drops by 2.6 pct MoM
EconomyMacroeconomyback above 100-points, after a 6.6-point drop in October.
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PBO sees economy making soft landing, but facing challenges ahead
EconomyMacroeconomyattributes this to the negative effects of inflation on disposable income and consumption, the drop
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PM defends grocery stipend, hopes to draw support from PASOK
PoliticsGreek PoliticsAndroulakis. However, on the issue of transparency, Mitsotakis’s ratings drop to 28 pct, the same
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Producer prices rise by 26.2 pct in Nov, up by almost 50 pct since 2021
EconomyMacroeconomyThere was another drop in the pace of Greece’s Producer Price Index (PPI) in November, rising by 26.2 percent year-on-year (YoY), after a 35.4 percent increase in October, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up until March 2021, when it grew
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