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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBanking. This is the second instalment of the bank’s Sunrise business transformation programme, following Sunrise I which had
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Impact of inflation already widespread, but data suggests worse to come
EconomyFeaturesthe second category of intermediate goods that increased by 9.5 pct. Manufacture of coke and refined
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SYRIZA presses for answers on hospitals amid mounting Covid deaths
PoliticsGreek Politicsanother uptick in reported cases of Covid-19, with 8,129 new infections, the second highest daily count
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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyof October. This is the second year on the bounce that the government has tabled a final budget
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Eurobank profitability rises in 9M, Mexico securitisation takes NPE ratio to 7.3 pct
EconomyBankingEurobank posted a net income of 216 million euros in the first nine months (9M) of the year, compared to a loss of 1.08 billion euros in the same period last year. In the third quarter (Q3), net profit was 26.1 million, after 120 million euros in the second quarter (Q2). Core pre-provision income
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Newsletter 318 - 26/11/2021
by 7.9 pct year-on-year, from a 6.2 pct rise in the second quarter. During the first nine months
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Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
EconomyBankingin the second quarter of the year. In the third quarter of the year, the net loss was 171 million
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PM opts for risky move with vaccination penalty as Covid threat grows
PoliticsGreek Politicsthat over-60s would be banned from entering indoor areas if they had received their second jab more
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Greek fiscal deficits and debt since 2000
Agorathe second Syriza government, the bulletin recorded a surplus of €6.7 billion and the ESA accounts
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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP increased by 2.7 pct quarter-on-quarter in the third quarter of the year (Q3), from a downwards revised 2.1 pct in the second quarter (Q2) provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Monday. On an annual basis, Q3 GDP was up
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