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  1. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    , with the NPE coverage ratio standing at 47 percent for the group. The bank listed a total of 4.7 billion euros... platform. A total of 401 auctions were carried out in Q1, with a success rate of 32 percent. P&L

    3%

  2. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    of the total figure in Q1, with private consumption representing 67.9 percent of the headline GDP number. Government spending represents around 19.8 percent of the total. In its Medium Term Fiscal

    3%

  3. NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    , which is close to 60 percent. Forborne loans exceeded 46 billion; representing 25.7 percent of total... the lowest with 1.2 percent. Broken down by business activity, out of a total of 124.9 billion euros

    3%

  4. May employment balance positive by 105,282 as seasonal hires pick up
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , there were 3,441 fewer hirings than firings in May 2019. Total hirings came to 323,524 versus... percent of the total, compared to 38.9 percent for part-time work and 11.5 percent for shift work

    3%

  5. Primary cash balance at surplus of 438 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    euros to 17.75 billion euros against last year’s total of 17.71 billion. Expenditure for May rose... January to May showed a strong increase of 1.94 billion euros, bringing the total to 21.46 billion euros

    3%

  6. Eurobank’s NPL sales take major step with two transactions
    Image via www.eurobank.gr

    EconomyBanking

    of the total gross book value of the portfolio. Subject to approval by the relevant bodies.... The total portfolio carries a gross book value of 7.4 billion euros and has been code named Project

    3%

  7. EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
    Photo by MacroPolis

    EconomyMacroeconomy

    show that full-time employment in December came to just under 70 percent of the total for those.... With part-time work representing roughly 30 percent of the total, this is equal to almost one

    3%

  8. June employment balance positive by 31,407
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    firings in June 2019. Total hirings came to 289,489 versus 258,082 departures. Close to 64 percent of all..., respectively. On an aggregate basis, full-time employment came to 48.3 percent of the total, compared

    3%

  9. Lenders urge new government to meet fiscal targets as Athens issues 7-year bond
    Photo by MacroPolis

    EconomyProgramme

    this year, a five-year note in January and a 10-year bond in March, raising a total of 5 billion... of the latest issue is to raise 2.5 billion euros, surpassing the 7 billion euros in total that the PDMA had

    3%

  10. Travel balance surplus up by 29 pct in Q1 to reach 165 mln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    and Russian visitors increased by 89.9 percent to 29,900. Cruises Total receipts from cruise passengers... had predicted that tourist numbers could reach up to 30 million in 2018. In total, road and air

    3%